2,071-share RSU grant to Flutter (FLUT) director Robert R. Bennett
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment plc director Robert R. Bennett received an award of 2,071 restricted stock units. These RSUs convert into ordinary shares at no cost to him when they vest. After this grant, he holds 3,333 ordinary shares directly.
The RSUs 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, and only if he continues serving as a director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BENNETT ROBERT R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 2,071 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 3,333 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,071 restricted stock units
Post-grant holdings: 3,333 ordinary shares
Vesting date trigger: June 2, 2027
3 metrics
RSU grant size
2,071 restricted stock units
Equity award to director Robert R. Bennett
Post-grant holdings
3,333 ordinary shares
Total direct ownership after RSU grant
Vesting date trigger
June 2, 2027
Latest vesting date for RSUs, subject to continued service
Key Terms
restricted stock units, vest, continued service
3 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"
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.
continued service financial
"subject to the director's continued service through and including such vesting date"
FAQ
What did Flutter Entertainment (FLUT) disclose about Robert R. Bennett in this Form 4?
Flutter Entertainment reported that director Robert R. Bennett received 2,071 restricted stock units. These units are a form of equity compensation that convert into ordinary shares when they vest, increasing his direct shareholdings if he meets the vesting conditions.
When do Robert R. Bennett’s new Flutter (FLUT) restricted stock units vest?
The restricted stock units vest on the earlier of June 2, 2027, or the day before the first regularly scheduled annual stockholder meeting after the grant. Vesting cannot occur earlier than 50 weeks from the grant date and requires continued board service.
What conditions apply to Robert R. Bennett’s Flutter (FLUT) RSU grant?
The RSUs vest only if Bennett continues serving as a director through the vesting date. Vesting happens on the earlier of June 2, 2027, or the day before the first regular annual stockholder meeting after grant, but not sooner than 50 weeks from grant.