Flutter (FLUT) director David W. Kenny granted 2,071 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KENNY DAVID W reported acquisition or exercise transactions in this Form 4 filing.
Flutter Entertainment plc director David W. Kenny received an equity grant through restricted stock units. The award covers 2,071 Ordinary Shares at no cash cost to him, increasing his direct holdings to 2,071 shares after the transaction.
The restricted stock units will vest on the earlier of June 2, 2027 or the day before the first regularly scheduled annual stockholders’ meeting following the grant date, but not earlier than 50 weeks after the grant. Vesting is contingent on his continued service as a director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KENNY DAVID W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 2,071 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 2,071 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,071 shares
Price per share at grant: $0.00/share
Holdings after grant: 2,071 shares
+1 more
4 metrics
RSUs granted
2,071 shares
Restricted stock unit grant to director David W. Kenny
Price per share at grant
$0.00/share
Equity award, no cash paid on grant
Holdings after grant
2,071 shares
Total direct Ordinary Shares following transaction
Vesting date
June 2, 2027 (earliest/alternative schedule)
Earlier of June 2, 2027 or day before next regular annual meeting, but ≥50 weeks from grant
Key Terms
restricted stock units, vesting, continued service
3 terms
restricted stock units financial
"Represents a grant of restricted stock units, which will vest on the earlier of"
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.
vesting financial
"which will vest on the earlier of (i) June 2, 2027 and (ii) the day prior"
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.
continued service financial
"subject to the director's continued service through and including such vesting date"
FAQ
What insider transaction did Flutter Entertainment (FLUT) director David W. Kenny report?
David W. Kenny reported receiving a grant of 2,071 restricted stock units linked to Flutter Entertainment Ordinary Shares. The grant is a compensation-related equity award, not an open-market purchase or sale, and increases his direct holdings to 2,071 shares after the transaction.
When do David W. Kenny’s Flutter (FLUT) restricted stock units vest?
The restricted stock units vest on the earlier of June 2, 2027, or the day before the first regularly scheduled annual stockholders’ meeting after the grant date. However, vesting cannot occur earlier than 50 weeks from grant and requires continued service as director.
Is David W. Kenny’s Flutter (FLUT) Form 4 transaction a market buy or sell?
The Form 4 transaction is not a market buy or sell. It is coded as a grant or award (transaction code A), meaning Kenny acquired 2,071 restricted stock units as compensation rather than purchasing or selling shares in the open market.
What conditions apply to David W. Kenny’s Flutter Entertainment (FLUT) equity grant?
The grant vests only if Kenny continues serving as a director through the vesting date. Vesting will occur on the earlier of June 2, 2027 or the day before the next regular annual stockholders’ meeting after the grant, but not before 50 weeks from the grant date.