WEIL A LORNE 4
Research Summary
AI-generated summary
Inspired Entertainment (INSE) 10% Owner A. Lorne Weil Buys 50,000 Shares
What Happened
- A. Lorne Weil (reported as a 10% owner) made three open-market purchases of Inspired Entertainment, Inc. (INSE) stock totaling 50,000 shares between March 25 and March 27, 2026. The purchases were: 8,341 shares at a weighted avg $6.66 ($55,551) on 3/25; 21,659 shares at $6.85 ($148,364) on 3/26; and 20,000 shares at $6.80 ($136,000) on 3/27 — total consideration roughly $339,915 (weighted avg ≈ $6.80/share). These are purchases (acquisitions), which are generally interpreted as insider buying rather than sell activity.
Key Details
- Transaction dates and reported prices:
- 2026-03-25: 8,341 shares @ $6.66 (weighted avg; actual trades ranged $6.60–$6.70; footnote F1)
- 2026-03-26: 21,659 shares @ $6.85 (weighted avg; actual trades ranged $6.72–$7.00; footnote F3)
- 2026-03-27: 20,000 shares @ $6.80 (weighted avg; actual trades ranged $6.61–$6.91; footnote F4)
- Transaction type: P = Purchase (open market/private purchase).
- Shares owned after transaction: Not specified in the Form 4 filing (the filing does not state total beneficial holdings post-transaction).
- Filing date and timeliness: Form 4 was filed 2026-03-27 reporting transactions through 2026-03-25–03-27; the filing appears timely (no late-filing flag in the record).
- Notable footnotes:
- Weighted-average prices reflect multiple trades; the filer will provide per-trade breakdown on request (F1, F3, F4).
- Some holdings are held by trusts/LLCs for the benefit of the reporting person’s children/beneficiaries and the reporting person disclaims beneficial ownership except to the extent of pecuniary interest (F2, F5, F6).
Context
- As a reported 10% owner (not a company executive), Weil’s purchases reflect ownership-level buying rather than routine executive stock-option activity. Purchases by owners can draw attention from retail investors, but filings do not state motive.
- The filing shows cash purchases (P). There’s no indication of option exercises, awards, gifts, or tax-withholding in these transactions.