Flutter (FLUT) director Nancy Cruickshank awarded 2,071 RSUs as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cruickshank Nancy reported acquisition or exercise transactions in this Form 4 filing.
Flutter Entertainment director Nancy Cruickshank received an equity grant of 2,071 ordinary shares in the form of restricted stock units. These RSUs were awarded at no cash cost per share and increase her direct holdings to 4,554 ordinary shares.
The restricted stock units will vest on the earlier of June 2, 2027, or the day before the first regularly scheduled annual stockholder meeting following the grant date, but not earlier than 50 weeks from grant. Vesting is conditioned on her continued service as a director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cruickshank Nancy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 2,071 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 4,554 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,071 shares
Post-grant holdings: 4,554 shares
Grant price: $0.0000 per share
+2 more
5 metrics
RSUs granted
2,071 shares
Restricted stock unit grant to director on June 2, 2026
Post-grant holdings
4,554 shares
Direct ordinary share holdings following the transaction
Grant price
$0.0000 per share
RSUs issued at no cash cost to the director
Latest vesting date
June 2, 2027
Outside vesting date for restricted stock units
Minimum vesting period
50 weeks
RSUs will not vest earlier than 50 weeks from grant
Key Terms
restricted stock units, vest, regularly scheduled annual meeting of the stockholders, continued service
4 terms
restricted stock units financial
"Represents a grant of restricted stock units, which will vest on the earlier of"
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.
vest financial
"which will vest on the earlier of (i) June 2, 2027 and (ii) the day prior"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
regularly scheduled annual meeting of the stockholders financial
"the day prior to the first regularly scheduled annual meeting of the stockholders"
continued service financial
"subject to the director's continued service through and including such vesting date"
FAQ
What did Flutter Entertainment (FLUT) director Nancy Cruickshank report on this Form 4?
Nancy Cruickshank reported receiving 2,071 restricted stock units of Flutter Entertainment as a grant. These equity awards were issued at no cash cost per share and are structured as compensation for her service on the company’s board of directors.
When do Nancy Cruickshank’s newly granted Flutter (FLUT) restricted stock units vest?
The 2,071 restricted stock units vest on the earlier of June 2, 2027, or the day before the first regularly scheduled annual stockholder meeting following the grant date, provided at least 50 weeks have passed and she continues serving as a director.
What conditions affect vesting of Nancy Cruickshank’s Flutter (FLUT) restricted stock units?
Vesting of the 2,071 restricted stock units requires Nancy Cruickshank to remain a director through the vesting date. Vesting occurs on the earlier of June 2, 2027, or before the first regular annual stockholder meeting after grant, but not before 50 weeks have elapsed.