Chiara Massimiliano 4

4 · Brightstar Lottery PLC · Filed May 5, 2026

AI-generated summary of this filing

Updated May 5, 2026

Brightstar (BRSL) CFO Chiara Massimiliano Exercises Awards; Shares Withheld

What Happened

Chiara Massimiliano, Executive Vice President, CFO and a director of Brightstar Lottery PLC (BRSL), had performance share units vest and converted to common shares on 2026-05-01. A total of 73,439 performance share units converted into shares (43,000 + 30,439).
To satisfy tax withholding, the company withheld 20,718 shares (valued at $12.80 each, $265,190) and 14,671 shares (valued at $12.80 each, $187,789), for total withheld value of $452,979. Net shares delivered to Massimiliano after withholding were 38,050 (73,439 − 35,389).

Key Details

Transaction date: 2026-05-01; Filing date: 2026-05-05 (filing appears late relative to the usual Section 16 reporting window).
Reported prices for tax-withheld shares: $12.80 per share (used to compute withholding values).
Shares converted: 43,000 and 30,439 performance share units (total 73,439). Shares withheld for taxes: 20,718 and 14,671 (total 35,389).
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 (3-year performance period; vested per Compensation Committee certification); F2 — shares were withheld to pay tax liability (share withholding).

Context

This was a vesting/conversion of performance share units (derivative conversion), not an open-market sale or purchase. The withholding of shares to cover taxes is a routine, non-market disposition (cashless settlement).
For retail investors, such award vesting signals compensation realization but does not necessarily reflect a buy/sell decision by the insider. The late filing may be administratively notable but does not change the substance of the transaction.

Form 4

Period: 2026-05-01

Executive VP and CFO

Transactions

Exercise/Conversion
Ordinary Share
[F1]
2026-05-01+43,000→ 283,082 total
Tax Payment
Ordinary Share
[F2]
2026-05-01$12.80/sh−20,718$265,190→ 219,364 total
Exercise/Conversion
Ordinary Share
[F1]
2026-05-01+30,439→ 292,803 total
Tax Payment
Ordinary Share
[F2]
2026-05-01$12.80/sh−14,671$187,789→ 278,132 total
Exercise/Conversion
2023-2025 Performance Share Units
[F1]
2026-05-01−30,439→ 30,440 total
→ Ordinary Share (30,439 underlying)
Exercise/Conversion
2022-2024 Performance Share Units
[F1]
2026-05-01−43,000→ 0 total
→ Ordinary Share (43,000 underlying)

Footnotes (2)

[F1]Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period shown in Column 1, based on the Compensation Committee's certified results for that period. Each performance share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting, and has no expiration date. The performance share units do not accrue dividends. Following certification, the award vests 50% on May 1 of the year immediately after the performance period ends and 50% on May 1 of the following year.
[F2]Shares withheld for payment of tax liability.

Signature

/s/ Rafael Rosillo, attorney-in-fact|2026-05-05

1 file