WEIL A LORNE 4

What Happened

• Lorne Weil, a reported 10% owner of Inspired Entertainment (INSE), was granted a total of 81,202 performance restricted stock units (PRSUs) on March 10, 2026. The awards are derivative grants with $0.00 acquisition price and will convert into common stock on a one-for-one basis upon vesting.
• The grants consist of 39,536 PRSUs (performance target for 2025 confirmed; these units remain subject to time-based vesting, vesting in one installment on December 31, 2027) and 41,666 PRSUs (part of a May 9, 2023 award where the performance condition for the target units was deemed attained; two remaining tranches of 41,667 target units remain conditioned on 2026 and 2027 performance). These are awards, not open-market purchases or sales.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
• Price: $0.00 per unit (derivative award).
• Total units granted: 81,202 PRSUs (39,536 + 41,666).
• Conversion: PRSUs convert one-for-one into common shares upon vesting (see vesting/time/performance conditions).
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes: F2 — 39,536 units: performance condition for 2025 met; vesting on Dec 31, 2027. F3 — 41,666 units: from May 9, 2023 award; performance condition met after carryover; two additional tranches of 41,667 target units remain subject to 2026/2027 performance criteria. F4 — the securities are held by an LLC owned by trusts for the reporting person’s family; Weil disclaims beneficial ownership except for his pecuniary interest.
• Transaction code: A = Award/Grant (derivative).

Context

• These are compensation awards (performance- and time-based PRSUs), not open-market buys or sales — they do not represent an immediate cash investment or liquidation.
• For retail investors: grants like these signal management/owner compensation tied to company performance, but they do not directly indicate near-term buying or selling pressure until and unless the units vest and shares are sold.
• As a 10% owner, Weil’s holdings reflect significant insider interest and structured compensation; disclosures note the ownership is held through an LLC/trust arrangement.