Inspired Entertainment (INSE) Director John M. Vandemore Cancels 274 RSUs
$INSE · Inspired Entertainment, Inc.Research Summary
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Inspired Entertainment (INSE) Director John M. Vandemore Cancels 274 RSUs
What Happened John M. Vandemore, a director of Inspired Entertainment, reported a disposition to the issuer on 2026-08-05: 274 restricted shares/RSUs were disposed (canceled) and no cash proceeds or sale price is reported. This disposition reflects a cancellation of a portion of RSUs granted Jan 2, 2026 under the company’s non-employee director compensation policy, tied to a change in the reporting person's committee positions — it is not an open-market sale.
Key Details
- Transaction date: 2026-08-05; Form 4 filed: 2026-08-07 (filed within the typical 2-business-day window).
- Transaction type/code: Disposition to issuer (D) — 274 shares; price/consideration: N/A (canceled).
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnote F1: Cancellation related to change in committee positions.
- Footnote F2: Separately, 39,157 RSUs from 2017–2021 awards are deferred until the director leaves the board or a change in control; those are not included in this cancellation.
- No indication of a 10b5-1 plan, tax-withholding sale, or exercise of options in this filing.
Context This was a cancellation of granted RSUs rather than a sale, so there were no proceeds and it does not directly signal a buy/sell decision in the public market. For non-employee directors, adjustments to RSU grants for changes in committee roles are routine administrative events tied to compensation policy rather than typical trading activity.