Brightstar Lottery PLC·4

Jul 16, 6:06 PM ET

Sala Marco 4

4 · Brightstar Lottery PLC · Filed Jul 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Brightstar (BRSL) Exec Chair Marco Sala Exercises RSUs; Shares Withheld

What Happened

  • Marco Sala, Executive Chair and director of Brightstar Lottery PLC (BRSL), had restricted share units (RSUs) vest and convert into 22,311 ordinary shares on July 14, 2026. To cover tax liabilities, 10,159 of those shares were withheld (disposed) at $11.04 per share, totaling $112,155. The Form 4 records both the exercise/conversion of the derivative RSUs and the corresponding withholding for taxes.

Key Details

  • Transaction date: July 14, 2026; Form filed July 16, 2026 (filed within the typical 2-business-day Form 4 window).
  • RSUs converted: 22,311 shares (reported as derivative exercise/conversion, code M).
  • Shares withheld for taxes: 10,159 shares at $11.04 each, proceeds/value = $112,155 (code F).
  • Additional Form entry: a disposition of 22,311 derivative units is also recorded (reflecting the RSU conversion mechanics).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — each RSU vests in three equal annual installments on July 14 of 2026, 2027 and 2028 and has no expiration. F2 — shares were withheld to pay tax liability. F3 — holdings are held indirectly through Olea Holding S.r.l.; Sala has a pecuniary interest as usufructuary of quota interests in related entities.

Context

  • This was a vesting/conversion of RSUs rather than an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a routine administrative step (cashless tax withholding) and not necessarily a market-sale signal. The filing records derivative exercise mechanics common when RSUs vest and convert into ordinary shares.

Insider Transaction Report

Form 4
Period: 2026-07-14
Sala Marco
DirectorExecutive Chair
Transactions
  • Exercise/Conversion

    Ordinary Share

    [F1]
    2026-07-14+22,31162,312 total
  • Tax Payment

    Ordinary Share

    [F2]
    2026-07-14$11.04/sh10,159$112,15552,153 total
  • Exercise/Conversion

    Restricted Share Units

    [F1]
    2026-07-1422,31144,622 total
    Ordinary Share (22,311 underlying)
Holdings
  • Ordinary Share

    [F3]
    (indirect: By Olea Holding S.r.l.)
    1,594,423
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 in three substantially equal annual installments on July 14 of each of 2026, 2027 and 2028, and have no expiration date.
  • [F2]Shares withheld for payment of tax liability.
  • [F3]Held indirectly through Olea Holding S.r.l.; reporting person has pecuniary interest as usufructuary of quota interests in Quercus Societ? Semplice and Casia Societ? Semplice, which together own Olea Holding S.r.l.
Signature
/s/ Rafael Rosillo, attorney-in-fact|2026-07-16

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT