Flutter (NYSE: FLUT) CFO sells 129 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment plc Chief Financial Officer Robert Coldrake reported routine equity transactions involving ordinary shares and restricted stock units. On May 8, 2026, he exercised 272 restricted stock units (RSUs), which settled into the same number of ordinary shares at a stated price of $0.00 per share.
On the same date, he sold 129 ordinary shares at an average price of $101.3968 per share, with a footnote explaining these sales were made to cover tax withholding liabilities tied to the RSU vesting. Following these transactions, he directly held 23,488 ordinary shares and 3,599 RSUs, and the filing shows no remaining derivative option positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 129 shares ($13,080)
Net Sell
3 txns
Insider
Coldrake Robert
Role
Chief Financial Officer
Sold
129 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 272 | $0.00 | -- |
| Exercise | Ordinary Shares | 272 | $0.00 | -- |
| Sale | Ordinary Shares | 129 | $101.3968 | $13K |
Holdings After Transaction:
Restricted Stock Units — 3,599 shares (Direct, null);
Ordinary Shares — 23,617 shares (Direct, null)
Footnotes (1)
- Represents ordinary shares of the Issuer acquired upon settlement of a restricted stock unit (RSU) award previously granted to the Reporting Person. Reflects shares sold to cover tax withholding liability in connection with the vesting and settlement of RSUs. The sales price reported herein was converted from British sterling pounds to United States dollars at a conversion price of GBP 1.00 to U.S. $1.3603. These shares were sold at a price per share of GBP74.54. Each RSU represents the contingent right to receive one ordinary share. These RSUs vested and settled into ordinary shares of the Issuer on May 8, 2026. The remainder of the RSUs vest on various dates through 2029.
Key Figures
Shares sold: 129 shares
Sale price per share: $101.3968 per share
RSUs exercised: 272 RSUs
+3 more
6 metrics
Shares sold
129 shares
Ordinary shares sold on May 8, 2026
Sale price per share
$101.3968 per share
Average price for 129 ordinary shares sold
RSUs exercised
272 RSUs
RSUs vested and settled into ordinary shares on May 8, 2026
CFO holdings after sale
23,488 ordinary shares
Directly held following reported transactions
Remaining RSUs
3,599 RSUs
Restricted stock units remaining after 272 RSUs vested
FX reference price
GBP 74.54 per share
Original sterling sale price noted in footnote
Key Terms
Restricted Stock Units, tax withholding liability, derivative security, Ordinary Shares, +1 more
5 terms
Restricted Stock Units financial
"These RSUs vested and settled into ordinary shares of the Issuer on May 8, 2026."
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 with the vesting and settlement of RSUs."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents the contingent right to receive one ordinary share."
FAQ
What did Flutter (FLUT) CFO Robert Coldrake report in this Form 4?
Flutter CFO Robert Coldrake reported RSU vesting and a small related share sale. He exercised 272 RSUs into ordinary shares and sold 129 shares mainly to cover tax withholding obligations associated with the RSU settlement on May 8, 2026.
What do the RSU footnotes in the Flutter (FLUT) Form 4 explain?
The footnotes explain the 272 ordinary shares were acquired upon RSU settlement, each RSU equals one ordinary share, and some shares were sold to cover tax withholding. They also note the RSUs vested on May 8, 2026, with remaining RSUs vesting through 2029.