Hurley Alfred F Jr 4
Research Summary
AI-generated summary
Flutter Entertainment (FLUT) Former Director Alfred Hurley Sells Shares
What Happened
- Alfred F. Hurley Jr., a former director of Flutter Entertainment plc (FLUT), disposed of 135 shares on 2026-05-28. The shares were sold at $94.63 per share for total proceeds of $12,775. The sale was reported on a Form 4 filed 2026-05-29.
- The filing notes the sale was made to cover tax withholding liability in connection with the vesting and settlement of restricted stock units (RSUs), a routine, non-investment-driven reason for selling.
Key Details
- Transaction date: 2026-05-28
- Transaction type: Sale (open market or private sale)
- Price per share: $94.63
- Shares sold: 135
- Gross proceeds: $12,775
- Footnote: F1 — shares sold to cover tax withholding related to RSU vesting/settlement
- Shares owned after transaction: Not specified in the provided filing excerpt
- Form filed: 2026-05-29 (no late-filing flag noted)
Context
- Sales to satisfy tax withholding on RSU vesting are common and typically considered routine rather than a directional bet on the stock. For retail investors, purchases by insiders typically carry more weight as a bullish signal than small, routine sales.