Lennon Carolan 4

What Happened
Lennon Carolan, a director of Flutter Entertainment plc (FLUT), received an award of 2,071 restricted stock units (RSUs) on 2026-06-02. The reported acquisition shows 2,071 shares at $0.00 (code A — grant/award). The award has no immediate cash cost to the director; value will depend on Flutter's future share price when/if the RSUs vest and settle.

Key Details

• Transaction date and filing: Reported on Form 4 for period 2026-06-02; filing date 2026-06-03 (timely).
• Security and amount: 2,071 RSUs granted, reported at $0.00 per share (grant).
• Vesting: Footnote indicates vesting on the earlier of (i) June 2, 2027 and (ii) the day before the first regularly scheduled annual meeting after the grant but no earlier than 50 weeks from the grant date, subject to continued service.
• Shares owned after transaction: Not specified in the provided details.
• Transaction type: Award/grant (compensation/retention), not an open-market purchase or sale.

Context
RSUs are a form of compensation that convert to ordinary shares (or equivalent value) only if vesting conditions are met; they are commonly used to retain directors and align interests with shareholders. This grant is a compensation event rather than a market buy or sell and should be interpreted as such — it does not represent an immediate personal purchase or liquidation by the director.