Richardson James Andrew 4

What Happened

• Richardson James Andrew, Chief Financial Officer of Inspired Entertainment, received an award of 7,284 performance restricted stock units (PRSUs) reported on 2026-03-10. The filing shows the acquisition as 7,284 units at $0.00 (derivative award), meaning no cash was paid for the units when granted.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (appears timely under Form 4 rules).
• Transaction type: Grant / Award (code A); reported price $0.00 (compensation award).
• Units: 7,284 PRSUs, which convert into common shares on a one-for-one basis (footnote F1).
• Performance condition: These PRSUs were originally granted 2/11/2025 and were conditioned on 2025 performance; the company’s compensation committee determined 98.84% of the target was achieved, resulting in 7,284 units (footnote F2).
• Vesting: Units remain subject to time-based vesting and vest in one installment on December 31, 2027 (footnote F2).
• Shares owned after transaction: Not disclosed in the provided filing.

Context

• This is a compensation grant (performance RSUs), not an open-market purchase or sale. The award does not represent immediate share ownership until the PRSUs convert/vest; it reflects pay tied to company performance and future service. Such grants are common for executives and are not direct market sentiment signals like purchases or sales.