Inspired Entertainment, Inc.·4

Mar 27, 7:40 PM ET

Chambrello Michael R. 4

Research Summary

AI-generated summary

Updated

Inspired Entertainment (INSE) Director Michael R. Chambrello Buys Shares

What Happened Michael R. Chambrello, a director of Inspired Entertainment, purchased a total of 10,000 shares on March 26, 2026 in two reported open‑market/private purchase transactions. He acquired 4,812 shares at $6.95 each for $33,443 and 5,188 shares at $6.90 each for $35,797, for a combined outlay of $69,240. These are purchases (transaction code P), which investors often view as a more informative, potentially bullish signal than routine sales.

Key Details

  • Transaction date: March 26, 2026 (Form 4 filed March 27, 2026 — within the SEC two‑business‑day reporting window).
  • Trades: 4,812 shares @ $6.95 ($33,443) and 5,188 shares @ $6.90 ($35,797); total 10,000 shares for $69,240.
  • Shares owned after transaction: the Form 4 does not list a single common‑share total; it notes 12,047 restricted stock units (RSUs) awarded in 2026 are included in Column 5, plus an additional 22,555 RSUs from 2019–2021 that are deferred until he leaves the board or a change in control.
  • Holdings vehicle: the acquired shares are held by the Denise M. Chambrello Revocable Trust dated December 5, 2000 (reporting person and spouse are co‑trustees). (Footnotes F1 and F2 referenced in the filing.)
  • Transaction code: P = purchase (open market or private purchase as reported).
  • Filing timeliness: filed promptly (not late).

Context These purchases were reported by a board director (not indicated as an executive officer). The filing also discloses multiple RSU awards that are subject to deferred settlement; those are distinct from these immediate share purchases. As always, purchases indicate the insider chose to increase exposure but do not prove future company performance.