Coldrake Robert 4

What Happened

• Robert Coldrake, Chief Financial Officer of Flutter Entertainment (FLUT), had 272 restricted stock units (RSUs) vest and settle into 272 ordinary shares on May 8, 2026.
• Of those shares, 129 were sold on the open market to cover tax withholding at a price of £74.54 per share (converted at £1 = $1.3603) — $101.40 per share — generating proceeds of approximately $13,080. The remaining 143 shares were retained by Coldrake.
• The filing shows the RSU settlement as an exercise/conversion of a derivative (reported as $0) and the shares sold for tax withholding; this is a routine issuance/withholding, not a buy signal.

Key Details

• Transaction date: May 8, 2026. Sale price: £74.54/share (reported as $101.40/share after conversion). Total sale proceeds ≈ $13,080.
• Shares acquired on settlement: 272 ordinary shares (from RSUs). Shares sold: 129 (tax withholding). Net shares retained from this settlement: 143.
• Footnotes: RSUs represent the contingent right to one ordinary share each; these RSUs vested and settled on May 8, 2026; sale was to cover tax withholding; GBP→USD conversion used £1 = $1.3603.
• Filing status: Form 4 was filed May 12, 2026 for the May 8 transaction — timely under Form 4 rules.

Context

• This was an RSU vesting and tax-withholding sale (common and administrative). The derivative entries reflect the RSUs converting to shares and the related cancellation of the derivative instrument.
• The filing does not report total pre-transaction ownership; it only documents this vesting and the shares sold to cover taxes. Remaining RSUs from the grant vest on various dates through 2029.