Sala Marco 4

What Happened

• Marco Sala, Executive Chair and Director of Brightstar Lottery PLC (BRSL), had performance-based derivative awards (performance share units) convert to ordinary shares on May 1, 2026. The filing shows conversion of 43,000 and 30,439 PSUs (total 73,439 shares acquired) and the withholding/disposition of 19,579 and 13,859 shares (total 33,438) to cover tax obligations at $12.80 per share, totaling $428,006. Net newly held shares from this vesting event = 40,001 shares.
• This was a compensation/vesting event (not an open-market purchase or sell). The withholding for taxes is a routine "sell-to-cover" style disposition.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (reporting period = 2026-05-01).
• Conversion (M): 43,000 and 30,439 PSUs → ordinary shares (total 73,439). Tax withholding (F): 19,579 and 13,859 shares withheld at $12.80/share.
• Cash value of shares withheld for taxes: $250,611 + $177,395 = $428,006.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 = these were performance share units under the issuer’s long-term incentive plan (vesting schedule described); F2 = shares withheld to pay tax liability; F3 = some holdings are held indirectly through Olea Holding S.r.l. (reporting person has pecuniary interest as usufructuary of certain quota interests).
• Filing type: standard Form 4 reporting a compensation-driven conversion and tax withholding (no 10b5-1 or gift indicated).

Context

• This was effectively a vesting/settlement of performance share units and a routine sell-to-cover to satisfy taxes — common for equity compensation. It does not by itself signal an open-market buy or sell decision by the insider.
• For retail investors: purchases are often more informative than routine vesting and withholding. The filing documents the compensation event and how many net shares remained after tax withholding.