Flutter (FLUT) director Carolan sells 439 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment plc director Lennon Carolan reported a small share sale linked to tax withholding. On May 28, 2026, Carolan sold 439 Ordinary Shares of Flutter Entertainment plc at $94.63 per share and held 1,688 shares afterward. A footnote explains the shares were sold to cover tax withholding liability arising from the vesting and settlement of restricted stock units, indicating this was a routine compensation-related transaction rather than a discretionary open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 439 shares ($41,543)
Net Sell
1 txn
Insider
Lennon Carolan
Role
null
Sold
439 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 439 | $94.63 | $42K |
Holdings After Transaction:
Ordinary Shares — 1,688 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 439 shares
Sale price per share: $94.63 per share
Shares owned after transaction: 1,688 shares
3 metrics
Shares sold
439 shares
Ordinary Shares sold on May 28, 2026
Sale price per share
$94.63 per share
Price for Ordinary Shares sold on May 28, 2026
Shares owned after transaction
1,688 shares
Direct ownership after May 28, 2026 sale
Key Terms
restricted stock units, tax withholding liability, Ordinary Shares, open-market sale
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 did Flutter Entertainment (FLUT) director Lennon Carolan report in this Form 4?
Lennon Carolan reported a small sale of Flutter shares. The filing shows a sale of 439 Ordinary Shares at $94.63 per share, with 1,688 shares owned directly afterward. The transaction is tied to tax obligations on restricted stock unit vesting.
What type of security did Lennon Carolan trade in Flutter Entertainment (FLUT)?
The transaction involved Ordinary Shares of Flutter Entertainment plc. The Form 4 lists the security title as Ordinary Shares, with the sale tied to tax withholding for vested restricted stock units rather than a standalone investment decision.
Does the Flutter (FLUT) Form 4 mention restricted stock units for Lennon Carolan?
Yes, the transaction is connected to restricted stock units. A footnote explains that the 439 shares sold were to cover tax withholding liability arising from the vesting and settlement of restricted stock units granted to Lennon Carolan.