secwatch.observer — SEC 8-K summary
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Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001493152-23-001537
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspired Entertainment promotes Brooks Pierce to President and CEO; extends Executive Chair Weil term to 2027
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- Brooks Pierce promoted to President and CEO effective Jan 13, 2023; base salary increased to $585K from $525K, bonus target raised to 110%.
- Executive Chair A. Lorne Weil's employment term extended to Dec 31, 2027; base salary increased to $800K from $750K.
- Weil receives conditional grant of 250,000 performance-based RSUs (125,000 EBITDA-based, 125,000 stock-price based with $15–$22.50 targets).
- Daniel B. Silvers stepped down as EVP and Chief Strategy Officer effective Jan 10, 2023.
- Equity grants subject to stockholder approval of omnibus plan at 2023 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315223001537/0001493152-23-001537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315223001537/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-001537

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