Inspired Entertainment (INSE) chair receives 80,000 restricted and performance units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEIL A LORNE reported acquisition or exercise transactions in this Form 4 filing.
Inspired Entertainment, Inc. Executive Chairman Lorne A. Weil reported the grant of equity awards. On February 24, 2026, he received 40,000 restricted stock units and 40,000 performance restricted stock units, each unit representing a right to one share of common stock at settlement.
The 40,000 restricted stock units are scheduled to vest in three equal installments on December 31, 2026, December 31, 2027 and December 31, 2028. The 40,000 performance units depend on pre-established 2026 performance criteria, with 0% to 100% eligible to vest and, if earned, vesting in one installment on December 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WEIL A LORNE
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 40,000 | $0.00 | -- |
| Grant/Award | Performance Restricted Stock Units | 40,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 40,000 shares (Direct);
Performance Restricted Stock Units — 40,000 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 insider transaction did INSE’s Lorne Weil report on this Form 4?
Lorne A. Weil reported receiving equity awards, not buying or selling shares. He was granted 40,000 restricted stock units and 40,000 performance restricted stock units, each convertible into one share of Inspired Entertainment common stock upon vesting and settlement, subject to specified conditions.
How many restricted stock units did INSE grant to Lorne Weil?
Inspired Entertainment granted Lorne Weil 40,000 restricted stock units. Each unit represents a contingent right to receive one share of common stock, scheduled to vest in three equal installments on December 31, 2026, December 31, 2027 and December 31, 2028, if service-based conditions are met.
What are the terms of the performance restricted stock units granted by INSE?
Lorne Weil received 40,000 performance restricted stock units tied to 2026 performance criteria. Depending on performance achieved, 0% to 100% of these units may become eligible to vest, with any earned units then following a time-based schedule vesting in one installment on December 31, 2028.
When will Lorne Weil’s INSE restricted stock units vest?
The 40,000 time-based restricted stock units vest in three equal installments on December 31, 2026, December 31, 2027 and December 31, 2028. Any performance restricted units earned based on 2026 results are scheduled to vest later, in a single installment on December 31, 2028.
How is the potential vesting of INSE performance RSUs determined for Lorne Weil?
Vesting of the 40,000 performance restricted stock units depends on pre-established 2026 performance criteria. If those goals are met at varying levels, between 0% and 100% of the units may qualify to vest and then follow a time-based schedule, vesting in one installment on December 31, 2028.