Welcome to our dedicated page for Inspired Entmt SEC filings (Ticker: INSE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Inspired Entertainment, Inc. filings document regulatory disclosures for a B2B gaming technology company serving licensed lottery, betting and gaming operators. Recent Form 8-K reports furnish operating results, financial-condition presentations, Regulation FD updates, material agreements and other events tied to its gaming content, terminals, Virtual Sports, Interactive and Leisure activities.
The filing record also covers the completed sale of the UK holiday parks business and certain associated leisure assets, board-authorized common-stock repurchase activity, and annual proxy materials for governance and shareholder voting matters. These disclosures frame the company's capital structure, reporting obligations and corporate actions under the Exchange Act.
Inspired Entertainment, Inc. President and CEO Brooks H. Pierce reported open-market purchases of 20,000 shares of common stock. The buys occurred over three days at per-share prices reported as weighted averages of $6.66, $6.76 and $6.88, each reflecting multiple trades within disclosed price ranges.
Following these transactions, Pierce directly holds 57,407 common shares. He also has indirect beneficial ownership of 300,862 additional shares through a GRAT, where he is identified as the trustee and sole annuitant.
Inspired Entertainment, Inc. insider Lorne A. Weil, Executive Chairman and a greater-than-10% owner, reported indirect open-market purchases totaling 50,000 shares of common stock over March 25–27. The trades, executed through trusts for the benefit of his children, were made at weighted-average prices with ranges from $6.60 to $7.00 per share, as described in the footnotes.
After these transactions, the filing shows 622,771 shares held by such trusts, 306,380 shares held directly, and additional indirect holdings of 493,015 and 49,384 shares via LLCs. The footnotes state that Weil disclaims beneficial ownership of the trust and LLC-held securities except to the extent of his pecuniary interest.
Inspired Entertainment, Inc. reported that General Counsel Simona Camilleri received a grant of 6,069 performance restricted stock units (PRSUs). Each PRSU converts into one share of common stock. The compensation committee determined that 6,069 units, or 98.84% of her 2025 target award, were earned based on performance.
The granted units remain subject to time-based vesting, scheduled to vest in a single installment on December 31, 2027. Following this grant, Camilleri directly holds 6,069 PRSUs tied to an equivalent number of underlying common shares.
Inspired Entertainment Executive Chairman Lorne Weil reported awards of performance-based restricted stock units tied to 2025–2027 goals. He received 39,536 performance units granted in 2025 after the compensation committee certified that 98.84% of his 2025 target award was earned; these units vest on December 31, 2027 and convert into common stock one-for-one. An additional 41,666 performance units relate to a 2023 award held indirectly through Hydralex Holdings LLC, whose membership interests are owned by trusts for his children and other beneficiaries, including him, and for which he disclaims beneficial ownership except for his pecuniary interest. Two further 41,667-unit tranches remain conditioned on performance criteria for 2026 and 2027.
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.
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.
Inspired Entertainment, Inc. reports total revenue of $304.1 million and Adjusted EBITDA of $111.4 million for the year ended December 31, 2025. The company operates four segments: Gaming, Virtual Sports, Interactive and Leisure, supplying digital gaming content and platforms to regulated operators worldwide.
About 69% of 2025 revenue came from the UK, with additional contributions from Greece, North America and other markets. Recurring revenue represented approximately 92% of total revenue, reflecting long-term, participation-based contracts across its installed base of terminals and digital channels.
The Gaming and Interactive segments grew year over year, while Virtual Sports and Leisure declined, partly due to regulatory and tax developments in Brazil and changes in the UK leisure estate. As of December 31, 2025, equity market capitalization was about $251.5 million, with 27,059,573 common shares outstanding.
The company highlights strengths in proprietary content, multi-channel distribution, global licensing and long-standing customer relationships, but notes significant risks from complex regulation, evolving tax regimes, reliance on key customers and suppliers, cybersecurity and AI-driven threats, and ongoing remediation of internal control material weaknesses under Sarbanes-Oxley.
Inspired Entertainment, Inc. reported mixed fourth quarter and full-year 2025 results while accelerating its shift toward higher-margin digital businesses. Fourth quarter revenue was $77.2 million, down from $83.0 million, but Adjusted EBITDA rose to $32.3 million with a record 42% margin.
For 2025, revenue grew to $304.1 million and Total Company Adjusted EBITDA increased 11% to $111.4 million, while net income moved to a $17.0 million loss from $64.8 million profit in 2024. Interactive revenue jumped 49% and Interactive Adjusted EBITDA rose 59%, becoming a larger profit contributor.
The company sold its UK Holiday Parks and related assets for £18.6 million, repaid about $13.3 million of debt principal, and continues to repurchase shares. Management expects at least 20% year-over-year growth in first quarter 2026 Adjusted EBITDA and full-year 2026 Adjusted EBITDA of $112–$118 million.
Richardson James Andrew reported acquisition or exercise transactions in this Form 4 filing.
Inspired Entertainment, Inc. reported that its Chief Financial Officer, James Andrew Richardson, received equity-based compensation in the form of stock units. On February 24, 2026, he was granted 9,987 restricted stock units, each representing 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 December 31, 2026, December 31, 2027, and December 31, 2028. He was also granted 9,986 performance restricted stock units tied to pre-established 2026 performance criteria, with 0% to 100% of those units eligible to vest and, if earned, vesting in one installment on December 31, 2028.
Camilleri Simona reported acquisition or exercise transactions in this Form 4 filing.
Inspired Entertainment, Inc. reported that its General Counsel, Simona Camilleri, received equity awards in the form of restricted stock units. She was granted 8,322 restricted stock units and 8,322 performance restricted stock units on common stock at a grant price of $0.00 per unit.
Each unit represents a right to receive one share of common stock at settlement. The time-based restricted stock units are scheduled to vest in three equal installments on December 31, 2026, December 31, 2027, and December 31, 2028. The performance units depend on pre-established 2026 performance criteria, with 0% to 100% eligible to vest and, if earned, vesting in a single installment on December 31, 2028.