James Philip Bishop, Chief Operating Officer of Flutter Entertainment plc, filed a Form 4 on November 12, 2026, disclosing transactions in ordinary shares on November 9, 2026, including the exercise of nil cost options and the subsequent sale of shares.

Key Highlights

  • Reporting person: James Philip Bishop, Chief Operating Officer of Flutter Entertainment plc (NYSE:FLUT)
  • Option exercises: Bishop acquired 6,833, 5,310, and 567 ordinary shares via three separate "M" (exercise) transactions at $0 conversion price on November 9, 2026
  • Shares sold: 415 shares were sold at $82.0069 per share, and 12,710 shares were sold at a weighted average price of $82.125 per share, with individual transaction prices ranging from $82.09 to $82.24
  • Remaining direct ownership: Following all reported transactions, Bishop directly held 16,449 ordinary shares
  • Remaining derivative holdings: Bishop held 2,464, 1,915, and 204 nil cost options (right to buy) following the exercises, all fully vested

Bishop Exercises Nil Cost Options and Sells Ordinary Shares in Flutter Entertainment

According to the filing, on November 9, 2026, Bishop exercised three series of fully vested nil cost options, acquiring 6,833, 5,310, and 567 ordinary shares at a conversion price of $0 per share. These options carried expiration dates of November 14, 2032, March 7, 2033, and April 2, 2034, respectively. Following each exercise, Bishop's direct beneficial ownership in ordinary shares increased incrementally, reaching 29,574 shares after all three exercises were recorded.

Also on November 9, 2026, the filing reports that Bishop disposed of ordinary shares in two separate sale transactions. A sale of 415 shares was executed at $82.0069 per share, and a further 12,710 shares were sold at a weighted average price of $82.125, with the filing noting that those shares were sold in multiple transactions at prices ranging from $82.09 to $82.24 per share. The filing states that Bishop "undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range." After both sales, Bishop's direct holdings in ordinary shares stood at 16,449.

Following all reported transactions, the filing indicates that Bishop retained 2,464 nil cost options expiring November 14, 2032, 1,915 nil cost options expiring March 7, 2033, and 204 nil cost options expiring April 2, 2034, all held directly. The Form 4 was signed by Christina King as Attorney-in-Fact on November 12, 2026.

What Was Disclosed

Flutter Entertainment plc's Chief Operating Officer, James Philip Bishop, disclosed the exercise of three fully vested nil cost option grants and the sale of a combined 13,125 ordinary shares on November 9, 2026, leaving him with 16,449 ordinary shares held directly.