Welcome to our dedicated page for Brightstar Lottery SEC filings (Ticker: BRSL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Brightstar Lottery PLC filings document the regulatory disclosures of a foreign private issuer operating a global lottery technology and services business. Form 20-F and annual report materials describe the company's business overview, financial performance, sustainability reporting, principal risks and uncertainties, governance, directors' remuneration, and consolidated and parent financial statements.
Form 6-K current reports cover AGM notices and proxy materials, audited annual reports, quarterly and annual results releases, dividends, ordinary share repurchases held in treasury, senior secured multicurrency revolving credit facilities, and board and governance updates. The filings also disclose capital-structure matters, credit covenants, guarantees and collateral arrangements, and risk factors tied to Brightstar's lottery operations.
Brightstar Lottery PLC director Ravich Samantha Fay reported compensation-related share movements. On May 12, 2026, 14,801 restricted share units were exercised into ordinary shares, with 1,564 shares withheld at $11.55 to cover tax liabilities. Following these transactions, Fay directly owned 67,594 ordinary shares.
In addition, Fay received a new award of 17,316 restricted share units, each representing a right to one ordinary share. One RSU award vests on May 12, 2026, and the new grant vests on May 11, 2027. These actions reflect equity compensation and tax withholding rather than open-market buying or selling.
Brightstar Lottery PLC director Tondato Da Ruos Gian Mario exercised equity awards and had shares withheld for taxes. On May 12, 2026, 14,801 restricted share units converted into the same number of ordinary shares, while 3,431 ordinary shares were withheld at $11.55 per share to cover tax liabilities.
After these transactions, he directly held 111,058 ordinary shares. He also 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, while the RSUs exercised on this date vest on May 12, 2026.
Brightstar Lottery PLC director Zappia Mariangela reported routine equity compensation transactions involving ordinary shares and restricted share units. On May 12, 2026, she exercised derivatives to acquire 3,313 ordinary shares, then had 399 shares withheld at $11.55 per share to cover tax liabilities, leaving 2,914 shares held directly.
These 3,313 shares came from previously granted restricted share units that vested on May 12, 2026. On the same date, she also received a new grant of 17,316 restricted share units, each representing a right to one ordinary share, scheduled to vest on May 11, 2027.
Brightstar Lottery PLC director Lorenzo Pellicioli reported routine equity compensation changes. On May 12, 2026, 14,801 restricted share units were exercised into ordinary shares at $0.00 per share, and 1,450 of the resulting shares were withheld at $11.55 per share to cover tax liabilities, leaving a net share increase.
He also received a new award of 17,316 restricted share units, each representing one ordinary share, scheduled to vest on May 11, 2027. After these transactions, he directly holds 92,749 ordinary shares and indirectly holds 102,435 ordinary shares through Flavus S.r.l, where he is the sole shareholder. The filing also corrects a minor share-count error from his prior Form 3, with no trades between that filing and this one.
Brightstar Lottery PLC reported stronger Q1 2026 results from its core lottery business. Total revenue in the quarter was $587 million, slightly above $583 million a year earlier, as higher instant ticket and draw-game sales, especially in Italy and other international markets, offset the loss of the U.K. contract and higher Italian Lotto license amortization.
Income from continuing operations rose to $63 million from $8 million, and diluted earnings per share from continuing operations improved to $0.20 from a loss of $0.11. The swing reflected stronger service revenue, lower foreign-exchange losses, lower taxes, and cost savings from the OPtiMa restructuring program, partly offset by higher Italian Lotto amortization.
Operating cash flow from continuing operations was $165 million compared with $185 million, while capital spending increased to $110 million, mainly for Italian and U.S. contracts. Brightstar ended the quarter with $1.25 billion of cash and $2.82 billion of total liquidity, against $4.01 billion of debt, and continues to invest heavily in the Italian Lotto license while returning cash via a $0.23 per-share dividend and ongoing share repurchases.
Brightstar Lottery PLC reported stronger Q1 2026 results from its core lottery business. Total revenue in the quarter was $587 million, slightly above $583 million a year earlier, as higher instant ticket and draw-game sales, especially in Italy and other international markets, offset the loss of the U.K. contract and higher Italian Lotto license amortization.
Income from continuing operations rose to $63 million from $8 million, and diluted earnings per share from continuing operations improved to $0.20 from a loss of $0.11. The swing reflected stronger service revenue, lower foreign-exchange losses, lower taxes, and cost savings from the OPtiMa restructuring program, partly offset by higher Italian Lotto amortization.
Operating cash flow from continuing operations was $165 million compared with $185 million, while capital spending increased to $110 million, mainly for Italian and U.S. contracts. Brightstar ended the quarter with $1.25 billion of cash and $2.82 billion of total liquidity, against $4.01 billion of debt, and continues to invest heavily in the Italian Lotto license while returning cash via a $0.23 per-share dividend and ongoing share repurchases.
Brightstar Lottery PLC reported a stronger first quarter of 2026 with higher profits, solid margins, and a new dividend. Revenue inched up to $587 million from $583 million, but income from continuing operations jumped to $63 million from $8 million, reflecting better performance in Italy and disciplined costs.
GAAP diluted earnings per share from continuing operations improved to $0.20 from a loss of $(0.11), while Adjusted EBITDA rose 15% to $287 million and the Adjusted EBITDA margin expanded to 48.9%. Free cash flow decreased to $55 million as capital expenditures increased and working capital swung negative.
The company deployed over $70 million to shareholders in the quarter, including $30 million of share repurchases and $42 million of dividends, and declared a quarterly dividend of $0.23 per share payable on June 11, 2026. Net debt fell to $2.75 billion, with a reported net debt leverage ratio of 2.4% and liquidity of about $1.8 billion pro forma for the final Italy Lotto license payment, while full-year 2026 revenue and profit guidance was reaffirmed.
Brightstar Lottery PLC reported a stronger first quarter of 2026 with higher profits, solid margins, and a new dividend. Revenue inched up to $587 million from $583 million, but income from continuing operations jumped to $63 million from $8 million, reflecting better performance in Italy and disciplined costs.
GAAP diluted earnings per share from continuing operations improved to $0.20 from a loss of $(0.11), while Adjusted EBITDA rose 15% to $287 million and the Adjusted EBITDA margin expanded to 48.9%. Free cash flow decreased to $55 million as capital expenditures increased and working capital swung negative.
The company deployed over $70 million to shareholders in the quarter, including $30 million of share repurchases and $42 million of dividends, and declared a quarterly dividend of $0.23 per share payable on June 11, 2026. Net debt fell to $2.75 billion, with a reported net debt leverage ratio of 2.4% and liquidity of about $1.8 billion pro forma for the final Italy Lotto license payment, while full-year 2026 revenue and profit guidance was reaffirmed.
Brightstar Lottery PLC Executive VP and CFO Chiara Massimiliano reported compensation-related equity activity, not open‑market trading. On May 1, 2026, she exercised performance share units from the 2022‑2024 and 2023‑2025 cycles into a total of 73,439 ordinary shares at a conversion price of $0.00 per share. To cover tax liabilities on these vested awards, 35,389 ordinary shares were withheld at a reference price of $12.80 per share, as noted in the footnotes. After these exercises and tax-withholding dispositions, she directly holds 219,364 ordinary shares, reflecting a routine vesting and settlement of long‑term incentive awards rather than discretionary buying or selling.
Brightstar Lottery PLC director and CEO Vincent L. Sadusky reported routine equity compensation activity involving performance share units and related tax withholding. He exercised 68,488 and 48,375 performance share units into ordinary shares, increasing his direct share ownership.
To cover tax obligations, 29,002 and 20,485 ordinary shares were withheld at a price of $12.80 per share, which is a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, he directly held 370,060 ordinary shares and indirectly held 12,710 ordinary shares through the Vincent L. Sadusky Revocable Trust, where his spouse is trustee and he disclaims beneficial ownership beyond his pecuniary interest.
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.
Brightstar Lottery PLC Executive VP and General Counsel Christopher Clark Spears reported routine equity compensation activity tied to performance share units. On May 1, 2026, he exercised awards covering 30,761 ordinary shares and had 10,712 shares withheld at $12.80 per share to cover tax liabilities, a non-market disposition. Following these transactions, he directly holds 112,932 ordinary shares, and retains 12,977 2023–2025 performance share units that remain outstanding under the company’s Long-Term Incentive Plan.