[Form 4] Flutter Entertainment plc Insider Trading Activity

Rhea-AI Filing Summary

Daniel Mark Taylor, Chief Executive Officer - International at Flutter Entertainment plc (FLUT), reported multiple transactions on 08/14/2025. The filing shows acquisitions of 1,172 and 904 ordinary shares (transaction code M) and the grant/acquisition of nil-cost options covering 1,172 and 904 shares exercisable through 2033 and 2034 respectively. The reporting person also sold 2,076 ordinary shares in three separate sell transactions at weighted-average prices that convert to approximately $289.94, $291.60 and $293.49 per share, reducing reported beneficial ownership from 18,665 to 16,589 shares. Footnotes disclose GBP-to-USD conversion and price ranges for the sales.

Positive

• Disclosure completeness: Form 4 provides conversion rate and weighted-average price ranges for sales
• Long-dated option grants: Nil-cost options exercisable through 2033 and 2034 add future-alignment potential

Negative

• Net reduction in direct ownership: Reported beneficial ownership fell from 18,665 to 16,589 ordinary shares after sales
• Insider selling: 2,076 shares were sold on 08/14/2025, which may be perceived negatively by some investors

Insights

Financial Analyst

TL;DR: Insider combined share sales with option grants; net beneficial ownership declined but long-dated options added potential future upside.

The filing documents contemporaneous sales and acquisitions on 08/14/2025. The reporting person sold 2,076 ordinary shares at weighted-average GBP prices (converted to USD in the filing) while acquiring 2,076 shares/options in two M-coded transactions (1,172 and 904). The presence of nil-cost options exercisable to 2033 and 2034 creates potential future equity exposure without current cash outlay. For investors, this is mixed: immediate insider selling reduces direct holdings, while newly recorded options represent deferred, potentially dilutive equity if exercised in the future.

Corporate Governance Expert

TL;DR: Disclosure appears complete and includes conversion and weighted-average sale price details; transactions are routine insider activity.

The Form 4 provides required details including transaction codes, quantities, weighted-average sale prices with GBP ranges, and option vesting/expiry information. Footnotes state conversion rate used (GBP1.00 = $1.3532) and note that one option grant is fully vested while the other vests in two annual installments beginning 04/02/2025. From a governance perspective, the filing demonstrates compliance with Section 16 reporting obligations and transparency about multiple execution prices within ranges.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Taylor Daniel Mark

(Last) (First) (Middle)

C/O FLUTTER ENTERTAINMENT PLC

ONE MADISON AVENUE

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Flutter Entertainment plc [ FLUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	08/14/2025		M		1,172	A	$0	17,761	D
Ordinary Shares	08/14/2025		M		904	A	$0	18,665	D
Ordinary Shares	08/14/2025		S		438	D	$289.94(1)(2)	18,227	D
Ordinary Shares	08/14/2025		S		549	D	$291.6(1)(3)	17,678	D
Ordinary Shares	08/14/2025		S		1,089	D	$293.49(1)(4)	16,589	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Nil Cost Options (Right to Buy)	$0	08/14/2025		M			1,172	(5)	03/07/2033	Ordinary Shares	1,172	$0	0	D
Nil Cost Options (Right to Buy)	$0	08/14/2025		M			904	(6)	04/02/2034	Ordinary Shares	904	$0	904	D

Explanation of Responses:

1. The sales prices reported herein were converted from British sterling pounds to United States dollars at a conversion price of GBP 1.00 to U.S. $1.3532.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from GBP 214.00 to GBP 214.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from GBP 215.05 to GBP 216.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from GBP 216.30 to GBP 217.10 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. These options are fully vested.

6. These options vest in two equal annual installments beginning on April 2, 2025.

Remarks:

Title: Chief Executive Officer - International

	/s/ Gary Curran, Attorney-in-Fact	08/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did the FLUT reporting person disclose on 08/14/2025?

The filing shows acquisitions of 1,172 and 904 ordinary shares/options and sales of 2,076 ordinary shares in three sell transactions on 08/14/2025.

How did beneficial ownership change for the reporting person in the FLUT Form 4?

Beneficial ownership decreased from 18,665 to 16,589 ordinary shares following the reported transactions.

Were option grants reported in the FLUT Form 4 and when do they expire?

Yes. Nil-cost options covering 1,172 shares (exercisable/expiring 03/07/2033) and 904 shares (vesting schedule begins 04/02/2025, expiring 04/02/2034) were reported.

What prices were the sold FLUT shares converted to in USD?

The filing uses a conversion rate of GBP1.00 = $1.3532; reported weighted-average sale prices convert to approximately $289.94, $291.60 and $293.49 per share.

Does the Form 4 indicate whether any options are vested?

Yes. The filing states the 1,172 option award is fully vested and the 904 option award vests in two equal annual installments starting 04/02/2025.