[Form 4] Inspired Entertainment, Inc. Insider Trading Activity | INSE SEC Filing

CEO made open-market share purchases and clarified a prior transfer into a GRAT, increasing direct ownership.

The filing shows the **President and CEO of Inspired Entertainment, Inc.** purchased common stock in the open market on two consecutive days. On 11/20/2025, 10,000 shares were bought at a weighted average price of $7.04, and on 11/21/2025 another 10,000 shares were bought at a weighted average price of $7.39. Following these transactions, direct beneficial ownership stands at **22,000 shares**.

The filing also discloses **indirect ownership** of **300,862 shares** held in a grantor retained annuity trust (GRAT) dated August 4, 2025, where the reporting person is both trustee and sole annuitant. This clarifies that these shares were previously reported as directly owned but are now reported as held by the GRAT, without changing total beneficial exposure. Open-market purchases by a senior executive increase personal stake and can align interests with other equity holders over time.

Key items to monitor from this disclosure are the CEO’s aggregate holdings (22,000 direct plus 300,862 indirect shares via the GRAT) and any future Forms 4 that change this profile. The weighted-average price ranges disclosed for the trades on 11/20/2025 and 11/21/2025 provide clear price transparency, and any subsequent activity at meaningfully different price levels or in different directions would offer additional context over the coming quarters.