Flutter (FLUT) director sells small stake to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment director Nancy Cruickshank reported the sale of 152 Ordinary Shares at an average price of $94.63 per share. According to the disclosure, the sale was made to cover tax withholding in connection with the vesting and settlement of restricted stock units, making it a compensation-related, non-discretionary transaction. After this sale, she directly holds 2,483 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 152 shares ($14,384)
Net Sell
1 txn
Insider
Cruickshank Nancy
Role
null
Sold
152 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 152 | $94.63 | $14K |
Holdings After Transaction:
Ordinary Shares — 2,483 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 152 shares
Sale price per share: $94.63 per share
Shares held after transaction: 2,483 shares
3 metrics
Shares sold
152 shares
Open-market sale on 2026-05-28 to cover tax withholding
Sale price per share
$94.63 per share
Average price for the 152 Ordinary Shares sold
Shares held after transaction
2,483 shares
Director’s direct ownership following the reported sale
Key Terms
restricted stock units, tax withholding liability, open-market sale
3 terms
restricted stock units financial
"vesting and settlement of restricted stock units"
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
"shares sold to cover tax withholding liability in connection"
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 did Flutter (FLUT) director Nancy Cruickshank report in this Form 4?
Nancy Cruickshank reported selling 152 Ordinary Shares of Flutter Entertainment. The shares were sold at an average price of $94.63 and were specifically used to cover tax obligations tied to restricted stock unit vesting.