Form 4: INSE Director Michael Chambrello Granted 12,047 RSUs

Sentiment:

Insider Transaction Report


Inspired Entertainment Director Michael R. Chambrello received a grant of 12,047 restricted stock units, aligning his interests with shareholders through a structured vesting schedule.

Summary

  • Michael R. Chambrello, a Director of Inspired Entertainment, Inc. (INSE), was granted 12,047 shares of common stock in the form of restricted stock units (RSUs) on January 2, 2026.
  • This grant was made under the Issuer's non-employee director compensation policy.
  • One-quarter (3,011.75 units) of the granted RSUs vested immediately upon grant.
  • The remaining three-quarters (9,035.25 units) will vest in three equal installments on April 1, 2026, July 1, 2026, and October 1, 2026.
  • The RSUs convert into shares of common stock on a one-for-one basis.
  • Due to a deferral election, vested units will not settle until Mr. Chambrello ceases to serve on the board or upon a change in control of the Issuer.
  • Following this transaction, Mr. Chambrello directly beneficially owns 54,568 shares of common stock.
  • Additionally, 10,070 shares of common stock are indirectly beneficially owned by Mr. Chambrello through the Denise M. Chambrello Revocable Trust, where he serves as co-trustee with his spouse.
  • This report does not include 22,555 restricted stock units from awards received between 2019 and 2021, which are also subject to deferred settlement.

Sentiment

Score: 7

Explanation: The sentiment is positive as it reflects a routine compensation event that aligns the director's interests with shareholders through equity ownership and a vesting schedule, indicating continued commitment to the company.

Positives

  • The grant of restricted stock units aligns the director's long-term interests with those of the shareholders, as the value of his compensation is tied to the company's stock performance.
  • The structured vesting schedule encourages continued service and commitment from the director over time.

Future Outlook

Vested restricted stock units will not settle into common stock until the reporting person ceases to serve as a member of the Issuer's board of directors or upon a change in control of the Issuer, due to a deferral election. The remaining unvested units will vest in three equal installments throughout 2026.

Industry Context

This transaction represents a routine equity compensation grant for a non-employee director, a common practice across industries to align director incentives with shareholder value. Such grants are a standard component of corporate governance and executive compensation frameworks in publicly traded companies.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Compensation Policy ApplicationThe grant of restricted stock units is in accordance with the Issuer's non-employee director compensation policy.01/02/2026Reinforces the existing compensation structure for non-employee directors, promoting alignment with shareholder interests through equity-based incentives.

Related Party Transactions

  • 10,070 shares of common stock are indirectly beneficially owned by Michael R. Chambrello through the Denise M. Chambrello Revocable Trust, of which he and his spouse are co-trustees.

Stakeholder Impact

  • Shareholders: The equity grant aligns the director's financial interests with those of the shareholders, potentially fostering decisions that enhance long-term shareholder value.
  • Management: The compensation structure for non-employee directors is maintained, supporting stable corporate governance.

Next Steps

  • The remaining three-quarters of the restricted stock units will vest in equal installments on April 1, 2026, July 1, 2026, and October 1, 2026.
  • Vested units will settle into shares of common stock upon Michael R. Chambrello ceasing to serve as a director or upon a change in control of Inspired Entertainment, Inc.

Key Dates

DateDescription
01/02/2026Date of grant of 12,047 restricted stock units to Michael R. Chambrello.
01/02/2026One-quarter of the restricted stock units vested upon grant.
04/01/2026First of three equal installments for vesting of remaining restricted stock units.
07/01/2026Second of three equal installments for vesting of remaining restricted stock units.
10/01/2026Third of three equal installments for vesting of remaining restricted stock units.
01/06/2026Signature date of the reporting person's attorney-in-fact.

Keywords

Inspired Entertainment, INSE, Restricted Stock Units, RSU Grant, Director Compensation, Insider Transaction, SEC Form 4, Equity Compensation, Stock Ownership

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