Inspired Entertainment (INSE) CFO awarded 7,284 performance RSUs tied to 2025 goals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Richardson James Andrew reported acquisition or exercise transactions in this Form 4 filing.
Inspired Entertainment, Inc. reported that Chief Financial Officer James Andrew Richardson received a grant of 7,284 performance restricted stock units tied to common stock. These units were originally awarded in February 2025 and 98.84% of his target award vested based on 2025 performance goals, but the earned units will not fully vest until December 31, 2027 under a time-based schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Richardson James Andrew
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units | 7,284 | $0.00 | -- |
Holdings After Transaction:
Performance Restricted Stock Units — 7,284 shares (Direct)
Footnotes (1)
- Performance restricted stock units convert into shares of common stock on a one-for-one basis. 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 7,284 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).
FAQ
What insider transaction did Inspired Entertainment (INSE) report for its CFO?
Inspired Entertainment reported that its Chief Financial Officer, James Andrew Richardson, received 7,284 performance restricted stock units. These equity awards relate to prior 2025 performance and convert into common shares on a one-for-one basis, subject to continued service-based vesting through December 31, 2027.
How many performance restricted stock units did the INSE CFO receive?
James Andrew Richardson received 7,284 performance restricted stock units. This amount reflects the portion of his 2025 performance-based award determined to be earned. Each unit is designed to convert into one share of Inspired Entertainment common stock if the time-based vesting requirement is satisfied.
What performance criteria affected the INSE CFO’s 7,284 RSU award?
The 7,284 performance restricted stock units were conditioned on achieving pre-established performance criteria for 2025. The compensation committee determined 98.84% of the target award was earned. This percentage directly determined how many units the CFO ultimately received from his original February 11, 2025 grant.
When do the CFO’s 7,284 performance RSUs at Inspired Entertainment vest?
The 7,284 performance restricted stock units vest in one installment on December 31, 2027. Although the performance goals for 2025 have been met, the award remains subject to this time-based vesting schedule, meaning the CFO must remain eligible through that date to receive the underlying shares.