Richardson James Andrew 4

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.