Inspired Entertainment (INSE) CFO awarded 7,284 performance RSUs tied to 2025 goals

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.

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

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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^*

Richardson James Andrew

(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)
	Chief Financial Officer

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		7,284		(2)	(2)	Common Stock	7,284	$0.00	7,284	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 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).

	/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.
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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.

Do the INSE performance restricted stock units convert into common shares one-for-one?

Yes, the performance restricted stock units convert into Inspired Entertainment common stock on a one-for-one basis. For the CFO’s grant, 7,284 units can ultimately become 7,284 shares, assuming he satisfies the remaining time-based vesting requirement through December 31, 2027.