Brightstar Lottery director exercises and receives RSUs
Brightstar Lottery PLC director Dessy Alberto reported equity compensation activity involving company shares and restricted share units.
Rhea-AI Filing Summary
Brightstar Lottery PLC director Dessy Alberto reported equity compensation activity involving company shares and restricted share units. On May 12, 2026, Alberto exercised 14,801 restricted share units into ordinary shares and had 2,393 ordinary shares withheld to cover tax liabilities, a non-market disposition.
Following these transactions, Alberto directly owned 98,458 ordinary shares. In addition, Alberto received a new grant of 17,316 restricted share units, each representing a contingent right to one ordinary share that vests on May 11, 2027. The units exercised on this date had vested on May 12, 2026 and had no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,801 shares exercised/converted
Exercise
4 txns
Insider
Dessy Alberto
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 17,316 | $0.00 | $0.00 |
| Exercise | Restricted Share Units | 14,801 | $0.00 | $0.00 |
| Exercise | Ordinary Share | 14,801 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Share | 2,393 | $11.55 | $28K |
Holdings After Transaction:
Restricted Share Units — 17,316 contracts (Direct);
Ordinary Share — 98,458 shares (Direct)
Footnotes (3)
- F1. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 12, 2026, and have no expiration date.
- F2. Shares withheld for payment of tax liability.
- F3. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 11, 2027, and have no expiration date.
Key Figures
RSUs exercised: 14,801 units
Shares withheld for taxes: 2,393 shares at $11.55
New RSU grant: 17,316 units
+2 more
5 metrics
RSUs exercised
14,801 units
Restricted share units converted to ordinary shares on May 12, 2026
Shares withheld for taxes
2,393 shares at $11.55
Ordinary shares withheld to cover tax liability on May 12, 2026
New RSU grant
17,316 units
Restricted share units granted with vesting on May 11, 2027
Shares held after transactions
100,851 shares
Total ordinary shares directly owned following May 12, 2026 activity
Tax-withholding price
$11.55 per share
Implied value for 2,393 withheld ordinary shares
Key Terms
Restricted Share Units, tax-withholding disposition, derivative security, contingent right
4 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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
"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"
FAQ
What insider transactions did BRSL director Dessy Alberto report?
Dessy Alberto reported exercising 14,801 restricted share units into ordinary shares, with 2,393 shares withheld for taxes, and receiving a new grant of 17,316 restricted share units. These are equity compensation and tax events, not open-market stock purchases or sales.
Were the BRSL insider transactions open-market buys or sells?
The transactions were not open-market trades. Alberto exercised 14,801 restricted share units into ordinary shares and had 2,393 shares withheld to pay taxes. A separate grant of 17,316 restricted share units was received as compensation, rather than through market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
