Lennon Carolan 4
Research Summary
AI-generated summary
Flutter (FLUT) Director Lennon Carolan Buys 520 Shares
What Happened
Lennon Carolan, a director of Flutter Entertainment plc (FLUT), acquired 520 shares on 2026-05-12 in an open-market/private purchase (transaction code P). The reported U.S. dollar price was $92.30 per share, for a total reported value of $47,996. The filing was submitted on 2026-05-13.
Key Details
- Transaction date: 2026-05-12; Form filed: 2026-05-13.
- Transaction type: Purchase (code P) — open market or private purchase.
- Price and value: GBP price per share was GBP 68.142923; conversion used GBP1.00 = USD 1.3545, giving $92.30 per share and $47,996 total (Footnote F1).
- Shares owned after transaction: not specified in the provided filing data.
- No footnotes indicating a 10b5-1 plan, tax withholding, gift, or exercise; only the currency-conversion footnote (F1) was noted.
- Timeliness: filing appears to have been made the day after the transaction (no late-filing flag reported).
Context
Purchases by directors are often watched by investors as a potential bullish signal, but a single modest purchase (~$48k) should be considered alongside other insider activity and company fundamentals. This was a straightforward share purchase (not an option exercise, award, or gift).