Flutter (FLUT) director sells 135 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment director Holly K. Koeppel reported an open-market sale of 135 ordinary shares at $94.63 per share. According to the disclosure, the shares were sold to cover a tax withholding liability tied to the vesting and settlement of restricted stock units. Following this transaction, Koeppel holds 3,259 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 135 shares ($12,775)
Net Sell
1 txn
Insider
KOEPPEL HOLLY K
Role
null
Sold
135 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 135 | $94.63 | $13K |
Holdings After Transaction:
Ordinary Shares — 3,259 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 135 shares
Sale price: $94.63 per share
Shares after transaction: 3,259 shares
+1 more
4 metrics
Shares sold
135 shares
Open-market sale of ordinary shares
Sale price
$94.63 per share
Price for ordinary shares sold
Shares after transaction
3,259 shares
Direct holdings following sale
Net shares sold
135 shares
Net sell direction in transaction summary
Key Terms
restricted stock units, tax withholding liability, open-market sale
3 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 (FLUT) director Holly K. Koeppel report?
Holly K. Koeppel reported selling 135 Flutter ordinary shares in an open-market transaction. The sale was disclosed as covering a tax withholding liability arising from the vesting and settlement of restricted stock units, rather than a discretionary portfolio trade.
Why did Holly K. Koeppel’s Flutter (FLUT) Form 4 note tax withholding?
The Form 4 footnote explains the shares were sold to cover a tax withholding liability. This liability was triggered by the vesting and settlement of restricted stock units, indicating the transaction was driven by tax obligations associated with equity compensation.
Does the Flutter (FLUT) Form 4 involve any derivatives or options?
The Form 4 shows only a transaction in non-derivative Flutter ordinary shares. The derivativeSummary section is empty, indicating there were no reported option, warrant, or other derivative security transactions in this particular filing.