March 26, 2025 · Form 4 insider transaction
WEIL A LORNE bought 62,500 shares of INSE at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Performance restricted stock units convert into shares of common stock on a one-for-one basis.; These performance restricted stock units were part of an award granted to the reporting person on May 11, 2021 pursuant to the reporting person's employment agreement and were conditioned on the attainment of pre-established performance criteria for 2024. The Issuer's compensation committee determined that the performance condition was attained with respect to the reporting person's target number of units after factoring in the amount of eligible carryover performance from prior years in excess of the target. The other tranches covered by the award previously met the vesting criteria (for 2022 and 2023).; The membership interests of the LLC that holds the securities (Hydralex Holdings LLC) are owned by trusts for the benefit of the reporting person's children and other beneficiaries including the reporting person. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.