Flutter Entertainment (FLUT) CLO sells 1,259 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment plc Chief Legal Officer Don H. Liu reported a small open-market sale of 1,259 Ordinary Shares. The shares were sold on May 13, 2026 at a weighted average price of $93.3743 per share.
According to the disclosure, the sale was made to cover tax withholding liability arising from the vesting and settlement of restricted stock units (RSUs), indicating it was a compensation-related, non-discretionary transaction. After this sale, Liu directly owns 21,006.427 Ordinary Shares of Flutter Entertainment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,259 shares ($117,558)
Net Sell
1 txn
Insider
LIU DON H
Role
Chief Legal Officer
Sold
1,259 shs ($118K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,259 | $93.3743 | $118K |
Holdings After Transaction:
Ordinary Shares — 21,006.427 shares (Direct, null)
Footnotes (1)
- Reflects shares sold to cover tax withholding liability in connection with the vesting and settlement of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.59 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 1,259 shares
Weighted average sale price: $93.3743 per share
Post-transaction holdings: 21,006.427 shares
+1 more
4 metrics
Shares sold
1,259 shares
Open-market sale on May 13, 2026
Weighted average sale price
$93.3743 per share
Ordinary Shares sold in multiple trades
Post-transaction holdings
21,006.427 shares
Direct ownership after sale
Price range of trades
$93.00–$93.59 per share
Range for the multiple sale transactions
Key Terms
RSUs, weighted average price, tax withholding liability, open-market sale
4 terms
RSUs financial
"vesting and settlement of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding liability financial
"shares sold to cover tax withholding liability in connection with the vesting"
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 insider transaction did Flutter (FLUT) report for Don H. Liu?
Flutter’s Chief Legal Officer Don H. Liu reported selling 1,259 Ordinary Shares. The transaction occurred on May 13, 2026, and was disclosed as an open-market sale primarily to address tax obligations from vesting RSUs.
Was Flutter’s reported insider sale by Don H. Liu a routine tax transaction?
Yes. The filing explicitly states the 1,259 shares were sold to cover tax withholding liability from RSU vesting. Such sales are common around equity compensation events and typically reflect tax obligations rather than a change in investment outlook.