Flutter (FLUT) director Bennett sells shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment plc director Robert R. Bennett reported a small share sale linked to tax withholding. He sold 135 Ordinary Shares on May 28, 2026 at an average price of $94.63 per share in an open-market transaction.
The footnote explains the shares were sold to cover tax withholding liability arising from the vesting and settlement of restricted stock units, making this a routine, compensation-related event rather than a discretionary sale. Following the transaction, Bennett directly holds 1,262 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 135 shares ($12,775)
Net Sell
1 txn
Insider
BENNETT ROBERT R
Role
null
Sold
135 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 135 | $94.63 | $13K |
Holdings After Transaction:
Ordinary Shares — 1,262 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 135 shares
Sale price: $94.63 per share
Shares held after: 1,262 shares
3 metrics
Shares sold
135 shares
Ordinary Shares sold on May 28, 2026
Sale price
$94.63 per share
Average open-market sale price
Shares held after
1,262 shares
Direct Ordinary Shares following transaction
Key Terms
restricted stock units, tax withholding liability, open-market sale, Ordinary Shares
4 terms
restricted stock units financial
"in connection with the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding liability financial
"Reflects shares sold to cover tax withholding liability in connection"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Flutter Entertainment (FLUT) disclose for Robert R. Bennett?
Flutter Entertainment disclosed that director Robert R. Bennett sold 135 Ordinary Shares. The shares were sold at an average price of $94.63 on May 28, 2026, and were specifically used to cover tax withholding obligations from vesting restricted stock units.