Director at Flutter (NYSE: FLUT) receives 2,071 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lennon Carolan reported acquisition or exercise transactions in this Form 4 filing.
Flutter Entertainment plc director Lennon Carolan received an award of 2,071 Ordinary Shares in the form of restricted stock units. The grant was made at no cash cost per share and is compensation-related, not an open‑market purchase or sale.
The restricted stock units will vest on the earlier of June 2, 2027 or the day before the first regularly scheduled annual meeting of stockholders following the grant, but not sooner than 50 weeks from the grant date, assuming continued board service. Following this award, Carolan directly holds 3,759 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lennon Carolan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 2,071 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 3,759 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,071 shares
Grant price: $0.0000 per share
Holdings after grant: 3,759 shares
+2 more
5 metrics
RSU grant size
2,071 shares
Restricted stock units granted to director on June 2, 2026
Grant price
$0.0000 per share
Equity compensation, not an open‑market purchase
Holdings after grant
3,759 shares
Total Ordinary Shares directly held after the award
Earliest vesting date
June 2, 2027
RSUs vest on this date or earlier meeting-based trigger
Minimum vesting period
50 weeks
RSUs cannot vest before 50 weeks from grant
Key Terms
restricted stock units, Ordinary Shares, transaction code A, Grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units, which will vest on the earlier"
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.
transaction code A financial
"transaction_code": "A""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vesting date financial
"subject to the director's continued service through and including such vesting date"
FAQ
What did Flutter Entertainment (FLUT) director Lennon Carolan report on this Form 4?
Lennon Carolan reported receiving 2,071 Flutter Entertainment Ordinary Shares as a restricted stock unit grant. This is a compensation award, not an open‑market trade, and increases Carolan’s direct holdings to 3,759 Ordinary Shares after the transaction.
When do Lennon Carolan’s restricted stock units in Flutter (FLUT) vest?
The restricted stock units vest on the earlier of June 2, 2027 or the day before the first regularly scheduled annual stockholder meeting after the grant. Vesting cannot occur earlier than 50 weeks from the grant date and requires continued service.
Is Lennon Carolan’s Flutter (FLUT) Form 4 a buy or a compensation award?
The Form 4 reflects a compensation award, not an open‑market buy. The transaction code is A, described as a grant or award acquisition, and the price per share is zero, indicating restricted stock units granted as director compensation.
What conditions apply to Lennon Carolan’s Flutter (FLUT) restricted stock units?
The restricted stock units vest only if Lennon Carolan continues serving as a director through the vesting date. Vesting occurs on the earlier of June 2, 2027 or the day before the first annual stockholder meeting after grant, but not before 50 weeks have passed.