4Filed Feb 25, 7:00 PM ET
Inspired Entertainment (INSE) CFO James Richardson Receives Award
$INSE · Inspired Entertainment, Inc.Research Summary
AI-generated summary of this SEC filing
Inspired Entertainment (INSE) CFO James Richardson Receives Award
What Happened James Richardson, Chief Financial Officer of Inspired Entertainment, received two equity awards on February 24, 2026: 9,987 restricted stock units (RSUs) and 9,986 performance-based restricted stock units (PRSUs), for a total of 19,973 units. The filing reports a $0.00 per-unit acquisition price because these were grants/awards (not open-market purchases). These units are derivatives — contingent rights to receive one share of common stock per unit at settlement, subject to vesting and performance conditions.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filing appears timely).
- Grants: 9,987 RSUs and 9,986 PRSUs (total 19,973 units); reported price $0.00 per unit.
- Vesting:
- The 9,987 RSUs vest in three equal installments on Dec 31, 2026, Dec 31, 2027 and Dec 31, 2028.
- The 9,986 PRSUs are conditioned on attainment of pre-established 2026 performance criteria (0%–100% payout possible) and, if earned, vest in one installment on Dec 31, 2028.
- Footnote: Each unit represents a contingent right to receive one share at settlement.
- Shares owned after the transaction: not specified in the provided filing.
Context
- These awards are compensation-based grants, not purchases or sales — they become actual shares only if/when performance and time-based vesting conditions are met and the units settle.
- Such grants are common for executive compensation and do not by themselves indicate a buy/sell signal.