Brightstar Lottery PLC·4

May 14, 6:10 PM ET

Hunter Ashley Maurene 4

4 · Brightstar Lottery PLC · Filed May 14, 2026

Research Summary

AI-generated summary of this filing

Updated

Brightstar Lottery (BRSL) Director Hunter Maurene Exercises Options, Sells Shares

What Happened

  • Hunter Ashley Maurene, a director of Brightstar Lottery plc (BRSL), converted/ exercised derivative awards on May 12, 2026 and also received a grant of restricted share units (RSUs). The filing shows 14,801 derivative units were converted (exercise/conversion, code M) and 14,801 shares were disposed. Separately, 2,230 shares were withheld to satisfy tax/exercise obligations at $11.55 per share (total reported value $25,757; code F). In addition, 17,316 RSUs were granted (code A) as a derivative award.

Key Details

  • Transaction date: May 12, 2026; Form 4 filed May 14, 2026 (filed within the typical two-business-day window).
  • Conversions/exercises: 14,801 derivative units converted (M); 14,801 shares listed as disposed (value N/A in filing).
  • Tax/price-withholding: 2,230 shares withheld at $11.55/share to cover tax/exercise liability, totaling $25,757 (code F; footnote F2).
  • Grant: 17,316 RSUs granted (code A) — these are derivative awards (footnote F3 indicates these RSUs vest May 11, 2027).
  • Footnotes of interest:
    • F1: Some RSUs vest on May 12, 2026 and convert to one ordinary share each upon vesting.
    • F2: Shares were withheld to pay tax liability.
    • F3: The newly granted 17,316 RSUs vest on May 11, 2027 and have no expiration.
  • Shares owned after the reported transactions: not specified in the provided filing excerpt.

Context

  • The filing shows a typical exercise/conversion plus sell- or transfer-to-cover tax withholding rather than an open-market purchase. The 2,230-share disposition was explicitly for tax/ exercise payment (sell/withhold), while the larger 14,801-share disposal is reported without a per-share price (N/A) in the filing. The 17,316 RSU grant is a future vesting award (2027). These kinds of sell/withhold actions are commonly routine administrative steps to satisfy tax or exercise costs and do not by themselves indicate the insider’s market view.

Insider Transaction Report

Form 4
Period: 2026-05-12
Transactions
  • Exercise/Conversion

    Ordinary Share

    [F1]
    2026-05-12+14,80140,373 total
  • Tax Payment

    Ordinary Share

    [F2]
    2026-05-12$11.55/sh2,230$25,75738,143 total
  • Award

    Restricted Share Units

    [F3]
    2026-05-12+17,31617,316 total
    Ordinary Share (17,316 underlying)
  • Exercise/Conversion

    Restricted Share Units

    [F1]
    2026-05-1214,8010 total
    Ordinary Share (14,801 underlying)
Footnotes (3)
  • [F1]Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 12, 2026, and have no expiration date.
  • [F2]Shares withheld for payment of tax liability.
  • [F3]Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 11, 2027, and have no expiration date.
Signature
/s/ Rafael Rosillo, attorney-in-fact|2026-05-14

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT