Lazard Asset Management reveals 5.0% holding in Brightstar Lottery PLC (BRSL)

Rhea-AI Filing Summary

Lazard Asset Management LLC has reported a significant holding in Brightstar Lottery PLC on a Schedule 13G. As of December 31, 2025, Lazard beneficially owned 9,504,747 Equity shares, representing 5.0% of the class. Lazard has sole power to vote and dispose of all these shares, with no shared voting or dispositive power.

Lazard states that the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Brightstar Lottery PLC. The issuer is based in London, and the filing classifies Lazard as an institutional investment adviser filer under the 13d-1(b) framework.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Brightstar Lottery PLC

(Name of Issuer)

Equity

(Title of Class of Securities)

G4863A108

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G4863A108

1

Names of Reporting Persons

Lazard Asset Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,504,747.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,504,747.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,504,747.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Brightstar Lottery PLC
(b)	Address of issuer's principal executive offices: 3RD FLOOR, 10 FINSBURY SQUARE, LONDON, GB-LND, EC2A 1AF, GB
Item 2.
(a)	Name of person filing: Lazard Asset Management LLC
(b)	Address or principal business office or, if none, residence: 30 Rockefeller Plaza, New York, 10112, NY, United States
(c)	Citizenship: NEW YORK
(d)	Title of class of securities: Equity
(e)	CUSIP No.: G4863A108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 9,504,747
(b)	Percent of class: 5.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 9,504,747
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 9,504,747
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Lazard Asset Management LLC

Signature:	Mark Anderson
Name/Title:	Managing Director, General Counsel
Date:	02/17/2026

FAQ

What stake does Lazard Asset Management report in Brightstar Lottery PLC (BRSL)?

Lazard Asset Management reports beneficial ownership of 9,504,747 Equity shares of Brightstar Lottery PLC, representing 5.0% of the class as of December 31, 2025. This crosses the 5% threshold that triggers a Schedule 13G filing.

Is Lazard Asset Management seeking control of Brightstar Lottery PLC (BRSL)?

Lazard states the holdings were acquired and are held in the ordinary course of business, not to change or influence control of Brightstar Lottery PLC. The filing specifies the position is not connected to any control-seeking transaction or activist effort.

How much voting power does Lazard Asset Management have in Brightstar Lottery PLC (BRSL)?

Lazard Asset Management reports sole voting power over 9,504,747 shares and no shared voting power. It also has sole dispositive power over the same number of shares, giving it full authority to vote and dispose of this 5.0% stake.

What type of filing did Lazard Asset Management make for Brightstar Lottery PLC (BRSL)?

Lazard Asset Management filed a Schedule 13G, an ownership report used mainly by institutional investors holding shares passively. The filing is made under Rule 13d-1(b), reflecting its status as an investment adviser institution.

As of what date is Lazard’s 5.0% ownership in Brightstar Lottery PLC (BRSL) reported?

The 5.0% beneficial ownership, equal to 9,504,747 shares, is reported as of December 31, 2025. This date is the event date requiring the Schedule 13G filing under Section 13(d) beneficial ownership rules.

Where is Brightstar Lottery PLC, the issuer in this 13G for BRSL, based?

Brightstar Lottery PLC’s principal executive offices are at 3rd Floor, 10 Finsbury Square, London, EC2A 1AF, United Kingdom. This London address identifies the primary corporate location of the issuer whose Equity shares Lazard Asset Management holds.