[Form 4] Brightstar Lottery PLC Insider Trading Activity
Rhea-AI Filing Summary
Brightstar Lottery PLC reported that Executive VP and CFO Chiara Massimiliano exercised restricted share units into 23,881 ordinary shares on July 14, 2026. To cover tax obligations, 11,511 shares were withheld at $10.7100 per share as a non-market disposition. Following these transactions, she directly holds 302,013 ordinary shares and 47,760 restricted share units, which vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,881 shares exercised/converted
Mixed
3 txns
Insider
Chiara Massimiliano
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 23,881 | -- | -- |
| Exercise | Ordinary Share | 23,881 | -- | -- |
| Tax Withholding | Ordinary Share | 11,511 | $10.71 | $123K |
Holdings After Transaction:
Restricted Share Units — 47,760 shares (Direct);
Ordinary Share — 302,013 shares (Direct)
Footnotes (1)
- Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest in three substantially equal annual installments on July 14 of each of 2026, 2027 and 2028, and have no expiration date. Shares withheld for payment of tax liability.
Key Figures
Ordinary shares from RSU exercise: 23881.0000 shares
Shares withheld for taxes: 11511.0000 shares
Tax withholding price: $10.7100 per share
+3 more
6 metrics
Ordinary shares from RSU exercise
23881.0000 shares
Ordinary shares acquired by exercising restricted share units on July 14, 2026
Shares withheld for taxes
11511.0000 shares
Shares withheld for payment of tax liability at $10.7100 per share
Tax withholding price
$10.7100 per share
Price per share used for tax-withholding disposition of ordinary shares
Ordinary shares held after transactions
302013.0000 shares
Direct ordinary share holdings after July 14, 2026 Form 4 transactions
Restricted share units outstanding
47760.0000 RSUs
Restricted share units held after the exercise, each for one ordinary share upon vesting
RSU vesting schedule
Three annual installments on July 14 of 2026, 2027 and 2028
Timing of vesting for restricted share units with no expiration date
Key Terms
Restricted Share Units, tax-withholding disposition, derivative security, contingent right
4 terms
tax-withholding disposition financial
"transaction_action is reported as a tax-withholding disposition of ordinary shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description notes an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one ordinary share of the Issuer upon vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
