Brightstar (BRSL) CEO Vincent Sadusky Exercises RSUs; 19,905 Shares Withheld

What Happened

• Vincent L. Sadusky, CEO of Brightstar Lottery PLC (BRSL), had 47,005 restricted share units convert to ordinary shares on July 14, 2026. Of those shares, 19,905 were withheld/sold to cover tax withholding at $10.71 per share, producing proceeds of $213,183. The conversion is reported as an exercise/conversion of a derivative (RSU vesting) and the withholding covers tax liability.

Key Details

• Transaction date: July 14, 2026; Form 4 filed July 16, 2026 (appears timely under the two-business-day rule).
• Withheld shares: 19,905 at $10.71 per share, proceeds reported $213,183.
• Converted shares: 47,005 RSUs converted to ordinary shares (exercise/conversion of derivative).
• Shares owned after transaction: Not specified in the portions of the filing provided.
• Notable footnotes:
  • F1: These were restricted share units (RSUs) that vest in three equal annual installments on July 14 of 2026, 2027 and 2028 and have no expiration.
  • F2: 19,905 shares were withheld specifically to pay tax liability.
  • F3: Some securities are held in the Vincent L. Sadusky Revocable Trust (spouse is trustee); Sadusky disclaims beneficial ownership except to the extent of pecuniary interest.

Context

• This was an RSU vesting/conversion with shares withheld for taxes — a routine, non-speculative administrative transaction rather than an open-market purchase or sale.
• Treat these transactions as typical insider compensation-related activity; the withholding to cover taxes is common and does not necessarily indicate a change in the insider’s market view.