{"url_path":"/sec/inse/8-k/2026-05-18/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-18","source_url":"https://www.sec.gov/Archives/edgar/data/1615063/0001493152-26-024183-index.html","accession_number":"0001493152-26-024183","cik":"0001615063","ticker":"INSE","issuer_name":"Inspired Entertainment, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1615063/0001493152-26-024183-index.html","primary_entity_key":"0001615063","primary_entity_name":"Inspired Entertainment, Inc."},"word_count":615,"has_tables":true,"body_markdown":"**Item\n5.02**\n\n**Departure\nof Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain\nOfficers.**\n\n \n\n**Departure\nof Executive Vice President and Chief Financial Officer**\n\n \n\nOn\nMay 18, 2026, Inspired Entertainment, Inc. (the “Company”) announced that James Richardson had stepped down from his role\nas Executive Vice President and Chief\nFinancial Officer of the Company.\n\n \n\nMr.\nRichardson’s resignation was not due to any disagreement with the Company or the Board of Directors relating to the Company’s\noperations, policies or practices or any issues regarding its accounting policies or practices. Pursuant to the terms of Mr. Richardson’s\nletter of resignation, dated May 14, 2026, he will remain available to assist with the transition for a period of three months while\nhe is on garden leave. Mr. Richardson will receive his regular base salary and benefits during his garden leave in accordance\nwith the terms of his employment agreement, which requires six months’ notice of termination, following which he will receive\na lump sum payment for the final three months of the notice period in an amount equal to three months’ base salary.\nIn addition, the Company has entered into a separation agreement with Mr. Richardson that will provide for payment of\none additional month of base salary in exchange for a customary release of claims against the Company. The Settlement Agreement\nwith Mr. Richardson is annexed as Exhibit 10.2 to this Form 8-K.\n\n \n\n**Engagement\nof Executive Vice President and Chief Financial Officer**\n\n \n\nOn\nMay 18, 2026, the Company announced that the Board of Directors appointed Craig Wilson, the Company’s Vice President of Finance\nand Accounting, to serve as Executive Vice President and Chief Financial Officer of the Company, effective May 14, 2026. Pursuant\nto the terms of Mr. Wilson’s employment agreement with the Company’s subsidiary, Inspired Gaming (UK) Limited, dated May\n14, 2026, Mr. Wilson will be paid a base salary of £300,000 per annum. Mr. Wilson will also be entitled to participate in the Company’s\npension plan at the executive level (with an employer contribution rate of 15%) and in the Company’s executive short- and long-term\nincentive plans. He received a sign-on grant of 30,000 restricted stock units, with a three-year vesting schedule (1/3 tranche vesting\non each of December 31, 2027, 2028 and 2029). The term of employment under the agreement is indefinite and termination in most instances requires\nat least six months’ written notice by either party. The Service Agreement with Mr. Wilson is annexed as Exhibit 10.1 to this\nForm 8-K.\n\n \n\nMr.\nWilson, age 41, joined the Company in 2025 as Vice President of Finance and Accounting.\nPrior to joining the Company, Mr. Wilson was employed by Charles\nRiver Laboratories International, Inc. (NYSE:CRL), a pharmaceutical and biotechnology contract research organization, since\n2019, serving as Director of Accounting & Global Consolidations from 2023 to 2025 and as Senior\nManager European Accounting from 2021 to 2023. Prior\nto his engagement by Charles River Laboratories, Mr. Wilson was Financial Controller,\nInternational Corporate of\nWalgreens Boots Alliance from 2014 to 2019. Mr. Wilson holds\na Bachelor of Arts degree with honors in accounting from\nNapier University (Edinburgh, Scotland) and, in 2013, was granted certification as a chartered accountant with The Institute of Chartered\nAccountants of Scotland (ICAS).\n\n \n\nThe\nselection of Mr. Wilson was not pursuant to any arrangement or understanding with respect to any other person. In addition, there are\nno family relationships between Mr. Wilson and any director or executive officer of the Company. Mr. Wilson has not been a party to any\ntransaction with the Company or its subsidiaries of the type required to be disclosed pursuant to Item 404(a) of Regulation S-K, and\nno such transaction is currently contemplated."}