[Form 4] Flutter Entertainment plc Insider Trading Activity
Rhea-AI Filing Summary
Taylor Daniel Mark, identified as Chief Executive Officer - International of Flutter Entertainment plc (ticker: FLUT), reported transactions dated 08/11/2025 on a Form 4. The filing shows he exercised 15,283 nil-cost options (options described as fully vested) to acquire 15,283 ordinary shares at a $0 exercise price, and on the same date sold 15,283 ordinary shares at a weighted average sale price of $284.80 (sales reported in GBP at £212.00–£212.25, converted at GBP 1.00 = USD 1.34330). After these transactions his reported beneficial ownership is 16,589 shares. The Form 4 was signed by an attorney-in-fact on 08/13/2025.
Positive
- Options fully vested and exercised, explicitly stated in the filing
- Complete transaction disclosure including conversion rate, price range, and weighted average sale price
Negative
- Insider sold 15,283 shares, reducing reported beneficial ownership to 16,589 shares
- Substantial sale proceeds (approx. $4.35M) realized on the same day as the option exercise
Insights
TL;DR: Officer exercised vested options and sold the resulting shares the same day; reported holdings remain modest.
The filing documents a routine exercise of 15,283 nil-cost options followed by an immediate sale of the same number of ordinary shares at a weighted average price of $284.80. Based on the numbers in the filing, gross proceeds from the sale approximate $4.35 million (15,283 × $284.80), using the stated conversion rate. Reported beneficial ownership after the transactions is 16,589 shares, and the options are noted as fully vested with an expiration date shown in the filing. From a market-impact perspective the disclosure is clear and timely; the transactions reduce the officer's net shareholdings to the level reported.
TL;DR: Disclosure follows Form 4 requirements; transactions and option vesting are explicitly reported.
The Form 4 names the reporting person and role, lists the exercise of vested nil-cost options and the subsequent sale of the acquired shares, and provides conversion and price-range details in a footnote. The filing includes an attorney-in-fact signature and a reference to Exhibit 24 (Power of Attorney). Procedurally, the report contains the key elements required under Section 16 disclosures: transaction dates, quantities, prices, conversion rate, and post-transaction beneficial ownership.