Inspired Entertainment (INSE) CEO awarded performance stock units tied to 2025 results

Rhea-AI Filing Summary

Inspired Entertainment, Inc. President and CEO H. Brooks Pierce reported awards of performance restricted stock units that can convert into common shares on a one-for-one basis. The filing shows 25,526 units credited from a February 11, 2025 grant and 61,775 units from a May 9, 2023 employment-agreement award, both tied to pre-set 2025 performance goals that were achieved at 98.84% of target. These units remain subject to time-based vesting, with one installment scheduled to vest on December 31, 2027. A further tranche of 62,500 target units from the 2023 award is still contingent on meeting 2026 performance criteria.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PIERCE BROOKS H

(Last) (First) (Middle)

C/O INSPIRED ENTERTAINMENT, INC.

250 WEST 57TH STREET, SUITE 415

(Street)

NEW YORK, NY 10107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Inspired Entertainment, Inc. [ INSE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Restricted Stock Units	(1)	03/10/2026		A		25,526		(2)	(2)	Common Stock	25,526	$0.00	25,526	D
Performance Restricted Stock Units	(1)	03/10/2026		A		61,775		(3)	(3)	Common Stock	61,775	$0.00	124,275	D

Explanation of Responses:

1. Performance restricted stock units convert into shares of common stock on a one-for-one basis.

2. These performance restricted stock units were granted to the reporting person on February 11, 2025 and were conditioned on the attainment of pre-established performance criteria for 2025. The Issuer's compensation committee determined that the performance condition was attained with respect to 25,526 units, representing 98.84% of the reporting person's target award. The units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2027).

3. These performance restricted stock units were part of an award granted to the reporting person on May 9, 2023 pursuant to the reporting person's employment agreement and were conditioned on the attainment of pre-established performance criteria for 2025. The Issuer's compensation committee determined that the performance condition was attained with respect to 61,775 units, representing 98.84% of the reporting person's target award. There is one remaining tranche covered by the award (in the amount of 62,500 target units) which is conditioned on attainment of pre-established performance criteria for 2026.

	/s/ Carys Damon, Attorney-in-Fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Inspired Entertainment (INSE) CEO report in this Form 4 filing?

The Form 4 shows CEO H. Brooks Pierce received performance restricted stock units that can convert one-for-one into common shares, reflecting achievement of 2025 performance goals, with future vesting and additional 2026-contingent units disclosed.

How many performance stock units did the INSE CEO earn for 2025 performance?

The CEO earned 25,526 units from a 2025 grant and 61,775 units from a 2023 employment-agreement award. Both represent 98.84% of the respective 2025 performance target awards set by Inspired Entertainment’s compensation committee.

When do the reported Inspired Entertainment performance units vest?

The performance restricted stock units tied to 2025 results remain subject to time-based vesting and are scheduled to vest in one installment on December 31, 2027, assuming continued service and other employment-related conditions are satisfied as set in the award terms.

Do the CEO’s performance units in INSE automatically become common shares?

The filing states performance restricted stock units convert into common stock on a one-for-one basis. Actual share delivery depends on both satisfaction of performance conditions and completion of the specified time-based vesting schedule through the December 31, 2027 vesting date.

Is there another tranche of Inspired Entertainment performance units tied to 2026?

Yes. One remaining tranche of 62,500 target performance restricted stock units from the May 9, 2023 award is contingent on achieving pre-established performance criteria for 2026, with ultimate payout depending on that future performance assessment by the compensation committee.

Were the Inspired Entertainment performance goals for 2025 fully achieved?

The compensation committee determined 2025 performance reached 98.84% of the CEO’s target awards. This percentage applied to both the February 11, 2025 grant and the May 9, 2023 employment-agreement award, driving the credited 25,526 and 61,775 performance units.