Brightstar Lottery (BRSL) chair exercises 73,439 share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brightstar Lottery PLC Executive Chair Sala Marco reported compensation-related share movements rather than open-market trades. On May 1, 2026, Marco exercised performance share units to acquire 73,439 Ordinary Shares and had 33,438 shares withheld to cover tax liabilities, as indicated by F-code transactions.
The filing also records 1,594,423 Ordinary Shares held indirectly through Olea Holding S.r.l., in which Marco has a pecuniary interest as usufructuary of quota interests in related entities. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
73,439 shares exercised/converted
Mixed
7 txns
Insider
Sala Marco
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022-2024 Performance Share Units | 43,000 | $0.00 | -- |
| Exercise | 2023-2025 Performance Share Units | 30,439 | $0.00 | -- |
| Exercise | Ordinary Share | 43,000 | $0.00 | -- |
| Tax Withholding | Ordinary Share | 19,579 | $12.80 | $251K |
| Exercise | Ordinary Share | 30,439 | $0.00 | -- |
| Tax Withholding | Ordinary Share | 13,859 | $12.80 | $177K |
| holding | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
2022-2024 Performance Share Units — 0 shares (Direct, null);
2023-2025 Performance Share Units — 30,440 shares (Direct, null);
Ordinary Share — 43,000 shares (Direct, null);
Ordinary Share — 1,594,423 shares (Indirect, By Olea Holding S.r.l.)
Footnotes (1)
- Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period shown in Column 1, based on the Compensation Committee's certified results for that period. Each performance share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting, and has no expiration date. The performance share units do not accrue dividends. Following certification, the award vests 50% on May 1 of the year immediately after the performance period ends and 50% on May 1 of the following year. Shares withheld for payment of tax liability. Held indirectly through Olea Holding S.r.l.; reporting person has pecuniary interest as usufructuary of quota interests in Quercus Societ? Semplice and Casia Societ? Semplice, which together own Olea Holding S.r.l.
Key Figures
Performance units exercised: 73,439 shares
Tax-withholding shares: 33,438 shares
Indirectly held shares: 1,594,423 shares
+2 more
5 metrics
Performance units exercised
73,439 shares
Ordinary Shares from performance share units on May 1, 2026
Tax-withholding shares
33,438 shares
F-code dispositions to cover tax liabilities on May 1, 2026
Indirectly held shares
1,594,423 shares
Ordinary Shares held through Olea Holding S.r.l. after reported transactions
Derivative exercises count
2 exercises
M-code derivative exercises of performance share units
Tax-withholding events
2 transactions
F-code events for payment of tax liability or exercise price
Key Terms
Performance share units, Long-Term Incentive Plan, tax liability, usufructuary, +1 more
5 terms
Long-Term Incentive Plan financial
"Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period..."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
tax liability financial
"Shares withheld for payment of tax liability."
usufructuary financial
"reporting person has pecuniary interest as usufructuary of quota interests in Quercus Societ? Semplice..."
pecuniary interest financial
"reporting person has pecuniary interest as usufructuary of quota interests in Quercus Societ? Semplice and Casia Societ? Semplice..."
FAQ
What insider transactions did Brightstar Lottery (BRSL) disclose for Sala Marco?
Sala Marco reported compensation-driven share movements, not open-market trades. He exercised performance share units into 73,439 Ordinary Shares, while 33,438 shares were withheld to pay taxes. The filing also notes a large indirect holding through Olea Holding S.r.l.
What is Sala Marco’s indirect ownership in Brightstar Lottery (BRSL)?
The Form 4 reports 1,594,423 Ordinary Shares held indirectly through Olea Holding S.r.l.. A footnote explains Marco has a pecuniary interest as usufructuary of quota interests in related entities that together own Olea Holding S.r.l.
How many tax-withholding transactions did Brightstar Lottery (BRSL) report for Sala Marco?
The transaction summary shows two F-code tax-withholding events totaling 33,438 shares. These are labeled as “Payment of exercise price or tax liability by delivering securities”, indicating the shares were used to satisfy obligations rather than sold on the open market.