Flutter exec sells 791 shares, gets 13,541 RSUs
Flutter’s president and international CEO converted nil-cost options into RSUs and sold a small block of shares to cover tax withholding.
Rhea-AI Filing Summary
Flutter Entertainment plc (FLUT) reported that President FLUT and CEO FLUT Intl Daniel Mark Taylor restructured part of his equity awards and completed a small share sale on September 1, 2026. Nil Cost Options over 7,902 and 5,639 ordinary shares were disposed to the issuer and converted into 13,541 Restricted Stock Units (RSUs), each representing one ordinary share, with no new grants made in the conversion. The RSUs vest in two tranches, and Taylor also sold 791 ordinary shares at $97.859 per share to cover tax withholding in connection with RSU vesting, leaving him with 52,467 ordinary shares held directly; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 791 shares
Net Sell
4 txns
Insider
Taylor Daniel Mark
Role
President FLUT; CEO FLUT Intl
Sold
791 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Nil Cost Options (Right to Buy) F2, F3 | 7,902 | -- | -- |
| Disposition | Nil Cost Options (Right to Buy) F2, F4 | 5,639 | -- | -- |
| Grant/Award | Restricted Stock Units F5, F2, F6 | 13,541 | -- | -- |
| Sale | Ordinary Shares F1 | 791 | $97.859 | $77K |
Holdings After Transaction:
Nil Cost Options (Right to Buy) — 0 contracts (Direct);
Restricted Stock Units — 13,541 contracts (Direct);
Ordinary Shares — 52,467 shares (Direct)
Footnotes (6)
- F1. Reflects shares sold to cover tax withholding liability in connection with the vesting and settlement of RSUs.
- F2. Reflects the conversion of Nil Cost Options to RSU awards subject to the same terms and conditions as the Nil Cost Options. No new grants were made in connection with these conversions.
- F3. These options vest on October 1, 2026.
- F4. These options vest on September 1, 2027.
- F5. Each RSU represents the contingent right to receive one ordinary share.
- F6. These RSUs vest as follows: (a) 7,902 vest on October 1, 2026, and (b) 5,639 vest on September 1, 2027.
Key Figures
Shares sold: 791 shares
Sale price per share: $97.859 per share
Shares held after sale: 52,467 shares
+5 more
8 metrics
Shares sold
791 shares
Ordinary shares sold on September 1, 2026
Sale price per share
$97.859 per share
Price for 791 ordinary shares sold on September 1, 2026
Shares held after sale
52,467 shares
Ordinary shares directly owned after the September 1, 2026 sale
Nil Cost Options disposed (2033-03-07 expiration)
7,902 options
Nil Cost Options over ordinary shares disposed to issuer
Nil Cost Options disposed (2034-04-02 expiration)
5,639 options
Nil Cost Options over ordinary shares disposed to issuer
RSUs granted via conversion
13,541 RSUs
Restricted Stock Units received in exchange for Nil Cost Options
RSUs vesting October 1, 2026
7,902 RSUs
First tranche of RSU vesting
RSUs vesting September 1, 2027
5,639 RSUs
Second tranche of RSU vesting
Key Terms
Nil Cost Options, Restricted Stock Units, tax withholding liability, contingent right
4 terms
Nil Cost Options financial
"Reflects the conversion of Nil Cost Options to RSU awards"
Restricted Stock Units financial
"Each RSU represents the contingent right to receive one ordinary share"
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"
contingent right financial
"Each RSU represents the contingent right to receive one ordinary share"
FAQ
What did FLUT executive Daniel Mark Taylor report in this Form 4?
He reported converting Nil Cost Options into 13,541 RSUs, disposing of those options to the issuer, and selling 791 ordinary shares at $97.859 on September 1, 2026, primarily related to equity award vesting and tax withholding.
What new RSU holdings did Daniel Mark Taylor report for FLUT?
He reported receiving 13,541 Restricted Stock Units (RSUs), each representing the contingent right to receive one ordinary share. These RSUs result from the conversion of Nil Cost Options and are subject to the same terms and conditions as those options.
How do the new FLUT RSUs for Daniel Mark Taylor vest?
The 13,541 RSUs vest in two tranches: 7,902 RSUs vest on October 1, 2026, and 5,639 RSUs vest on September 1, 2027, according to the vesting schedule disclosed for these awards.
Were Daniel Mark Taylor’s FLUT transactions under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions, as the document-level Rule 10b5-1 checkbox is not marked as being used for this activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
