PIERCE BROOKS H 4
4 · Inspired Entertainment, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Inspired Entertainment (INSE) CEO Brooks H. Pierce Receives Award
What Happened
Brooks H. Pierce, President and CEO of Inspired Entertainment (INSE), was granted a total of 64,165 derivative awards on February 24, 2026: 32,083 restricted stock units (RSUs) and 32,082 performance restricted stock units (PRSUs). Both grants were recorded at an acquisition price of $0.00 (they are contingent rights to receive common shares if and when they vest), so there was no cash purchase or sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
- Awards: 32,083 RSUs + 32,082 PRSUs = 64,165 contingent units; reported acquisition price $0.00.
- Shares owned after transaction: Not specified in the information provided.
- Footnote highlights:
- Each unit represents a contingent right to receive one share of common stock at settlement. (F1)
- The RSUs vest in three equal installments on Dec 31, 2026; Dec 31, 2027; and Dec 31, 2028. (F2)
- The PRSUs are conditioned on 2026 performance metrics; 0%–100% may be earned and, if earned, vest in one installment on Dec 31, 2028. (F3)
Context
These awards are compensation-related equity grants (time-based RSUs and performance-based RSUs), not open-market purchases or sales. An acquisition price of $0 simply reflects that the units were granted, not bought; actual shares — and their market value — will only be received if/when the awards vest and any performance conditions are met. Compensation grants are common and primarily reflect pay structure rather than a direct insider market bet.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-24+32,083→ 32,083 total→ Common Stock (32,083 underlying) - Award
Performance Restricted Stock Units
[F1][F3]2026-02-24+32,082→ 32,082 total→ Common Stock (32,082 underlying)
Footnotes (3)
- [F1]Each unit represents a contingent right to receive one share of common stock at settlement.
- [F2]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.
- [F3]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).