Flutter (FLUT) director Lennon Carolan buys 520 ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flutter Entertainment plc director Lennon Carolan bought 520 Ordinary Shares in an open-market purchase on May 12, 2026. The shares were acquired at approximately $92.2996 per share, bringing Carolan’s direct holdings to 2,127 shares after the transaction.
The reported U.S. dollar purchase price reflects a conversion from British pounds using a rate of GBP 1.00 to $1.3545, with the original purchase price stated as GBP 68.142923 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 520 shares ($47,996)
Net Buy
1 txn
Insider
Lennon Carolan
Role
null
Bought
520 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 520 | $92.2996 | $48K |
Holdings After Transaction:
Ordinary Shares — 2,127 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 520 shares
Purchase price: $92.2996 per share
Holdings after transaction: 2,127 shares
+2 more
5 metrics
Shares purchased
520 shares
Open-market purchase on May 12, 2026
Purchase price
$92.2996 per share
Reported U.S. dollar price for Ordinary Shares
Holdings after transaction
2,127 shares
Direct ownership following the purchase
Original GBP price
GBP 68.142923 per share
Price before FX conversion to U.S. dollars
FX conversion rate
GBP 1.00 = $1.3545
Rate used to convert purchase price to dollars
Key Terms
open-market purchase, Ordinary Shares, conversion price
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
conversion price financial
"converted from British sterling pounds to United States dollars at a conversion price"
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
FAQ
What did Flutter Entertainment (FLUT) director Lennon Carolan do in this Form 4?
Lennon Carolan bought 520 Flutter Entertainment Ordinary Shares in an open-market transaction. The purchase increased Carolan’s direct ownership to 2,127 shares, according to the Form 4 insider trading report filed with the SEC.
Was the Lennan Carolan Flutter (FLUT) trade an open-market purchase or another type?
The transaction was an open-market purchase of Ordinary Shares. The Form 4 classifies it under transaction code “P,” which the filing describes as a purchase in an open market or private transaction, rather than an option exercise or gift.