Inspired Entertainment (INSE) awards CEO time-based and performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PIERCE BROOKS H reported acquisition or exercise transactions in this Form 4 filing.
Inspired Entertainment, Inc. reported that President and CEO Brooks H. Pierce received equity awards in the form of restricted stock units. He was granted 32,083 restricted stock units, each representing a right to receive one share of common stock, vesting in three equal installments on December 31 of 2026, 2027, and 2028.
He was also granted 32,082 performance restricted stock units tied to pre-established 2026 performance criteria. Between 0% and 100% of these units may become eligible to vest based on 2026 results, with any eligible units vesting in a single installment on December 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PIERCE BROOKS H
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,083 | $0.00 | -- |
| Grant/Award | Performance Restricted Stock Units | 32,082 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 32,083 shares (Direct);
Performance Restricted Stock Units — 32,082 shares (Direct)
Footnotes (1)
- Each unit represents a contingent right to receive one share of common stock at settlement. These restricted stock units are scheduled to vest in three equal installments on each of December 31, 2026, December 31, 2027 and December 31, 2028. These performance restricted stock units are conditioned on attainment of pre-established performance criteria for 2026. Depending on the level of performance attained, 0% to 100% of the units would be eligible to vest and be subject to a time-based vesting schedule (vesting in one installment on December 31, 2028).
FAQ
What equity awards did Inspired Entertainment (INSE) grant to its CEO?
Inspired Entertainment granted its CEO restricted and performance stock units. Brooks H. Pierce received 32,083 restricted stock units and 32,082 performance restricted stock units, each unit representing a right to receive one share of common stock if vesting conditions are satisfied.
How do the new restricted stock units for INSE’s CEO vest?
The time-based restricted stock units vest in three equal installments. The 32,083 restricted stock units are scheduled to vest in equal portions on December 31 of 2026, 2027, and 2028, aligning the CEO’s compensation with multi-year service and retention incentives.
What conditions apply to Inspired Entertainment’s performance restricted stock units?
The performance units depend on 2026 performance goals. For the 32,082 performance restricted stock units, between 0% and 100% may become eligible to vest based on pre-established 2026 criteria, with any eligible amount then vesting on December 31, 2028.
Is the INSE CEO’s ownership from these awards direct or indirect?
The reported ownership for these awards is direct. The Form 4 identifies the holdings as directly owned by Brooks H. Pierce, with no indication of indirect ownership through entities such as trusts or partnerships in the provided disclosure.