Camilleri Simona 4
Research Summary
AI-generated summary
Inspired Entertainment (INSE) GC Simona Camilleri Receives Award
What Happened
- Simona Camilleri, General Counsel of Inspired Entertainment, received two grants on February 24, 2026 totaling 16,644 restricted stock units (RSUs/PRSUs): 8,322 units in one award and 8,322 units in a second award. Both were reported as derivative awards at $0.00 (no cash paid). Each unit is a contingent right to receive one share of common stock at settlement.
Key Details
- Transaction date and price: 2026-02-24; both awards reported at $0.00 (award/grant, code A).
- Total units granted: 16,644 (8,322 + 8,322).
- Shares owned after transaction: Not specified in this filing.
- Vesting and conditions:
- One award (time-based RSUs): vests in three equal installments on Dec 31 of 2026, 2027 and 2028.
- The other award (performance RSUs): conditioned on 2026 performance metrics; 0%–100% of units may become eligible to vest, and any earned portion vests in one installment on Dec 31, 2028.
- Each unit represents a contingent right to receive one common share at settlement.
- Filing timeliness: Form filed Feb 26, 2026 for a Feb 24, 2026 grant — timely (no late filing indicated).
- Transaction type: Award/grant of equity compensation (non-cash), not an open‑market purchase or sale.
Context
- These awards are compensation-related (time- and performance-based) and are common for executives; they do not represent an open‑market buy or sale.
- Performance RSUs depend on meeting pre-set targets; actual shares delivered may be lower (or zero) if targets are not met.