Director at Flutter (NYSE: FLUT) receives 2,071 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dubuc Nancy reported acquisition or exercise transactions in this Form 4 filing.
Flutter Entertainment plc director Nancy Dubuc reported an equity compensation grant and updated shareholdings. She received 2,071 Ordinary Shares in the form of restricted stock units at $0.0000 per share as a grant or award. These restricted stock units will vest on the earlier of June 2, 2027 or the day before the first regularly scheduled annual stockholder meeting following the grant date, but not earlier than 50 weeks from grant, subject to her continued board service. After the grant, she holds 3,332 Ordinary Shares directly and 1,022 Ordinary Shares indirectly through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dubuc Nancy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 2,071 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,332 shares (Direct, null);
Ordinary Shares — 1,022 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 2,071 shares
Grant price: $0.0000 per share
Vesting date: June 2, 2027
+2 more
5 metrics
RSU grant
2,071 shares
Restricted stock unit award of Ordinary Shares
Grant price
$0.0000 per share
Stated price per share for RSU grant
Vesting date
June 2, 2027
Latest possible vesting date, subject to earlier meeting-based trigger
Direct holdings after grant
3,332 shares
Ordinary Shares held directly after transaction
Indirect holdings
1,022 shares
Ordinary Shares held indirectly by family trust
Key Terms
restricted stock units, grant, award, or other acquisition, vesting, family trust
4 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vesting financial
"which will vest on the earlier of (i) June 2, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
family trust financial
"nature_of_ownership": "By Family Trust""
FAQ
What did Flutter (FLUT) director Nancy Dubuc report in this Form 4?
Nancy Dubuc reported an equity compensation award of 2,071 Ordinary Shares in the form of restricted stock units at $0.0000 per share. The filing also updates her post-grant holdings to 3,332 shares directly and 1,022 shares indirectly via a family trust.
When do Nancy Dubuc’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 following the grant, but not earlier than 50 weeks from grant. Vesting is subject to her continued service as a director.
Is Nancy Dubuc’s Flutter (FLUT) Form 4 transaction a market buy or sell?
The Form 4 reflects a grant or award acquisition coded “A,” not a market buy or sell. She did not purchase or sell shares on the open market; instead, she received restricted stock units as part of her director compensation package.