Form 4 for DKNG DraftKings Inc.
Accepted 2025-12-02 00:00:00 ET · period of report 2025-12-01 · accession 0001404430-25-000015 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-12-02 | 2025-12-01 | DKNG | Dodge R Stanton | CLO | F - Tax | $33.87 | -9,477 | 520.1K | -2% | -$321.0K |
| DM | 2025-12-02 | 2025-12-01 | DKNG | Dodge R Stanton | CLO | S - Sale+OE | $33.84 | -52.8K | 551.5K | -9% | -$1.79M |
| DM | 2025-12-02 | 2025-12-01 | DKNG | Dodge R Stanton | CLO | M - OptEx | $2.95 | +66.0K | 521.0K | +15% | +$194.8K |
| DM | 2025-12-02 | 2025-12-01 | DKNG | Dodge R Stanton | CLO | M - OptEx | $0.00 | -66.0K | 43.4K | -60% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-12-01 | F | D | 2,111 | $33.87 | 517,333 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-12-01 | S | D | 39,281 | $34.05 | 512,182 | D | — | — | (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.72 to $34.25, inclusive. See the last sentence of footnote 7 to this Form 4 above. |
| 3 | Common | Class A Common Stock | 2025-12-01 | M | A | 44,361 | $2.95 | 564,959 | D | — | — | (F5) The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash. |
| 4 | Common | Class A Common Stock | 2025-12-01 | F | D | 353 | $33.87 | 520,598 | D | — | — | |
| 5 | Common | Class A Common Stock | 2025-12-01 | S | D | 13,496 | $33.23 | 551,463 | D | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.72 to $33.69, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 7 and 8 to this Form 4. |
| 6 | Common | Class A Common Stock | 2025-12-01 | M | A | 4,825 | — | 519,444 | D | — | — | (F2) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,825 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,111 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 7 | Common | Class A Common Stock | 2025-12-01 | F | D | 4,826 | $33.87 | 514,619 | D | — | — | |
| 8 | Common | Class A Common Stock | 2025-12-01 | M | A | 11,029 | — | 519,445 | D | — | — | (F1) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 11,029 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 9 | Common | Class A Common Stock | 2025-12-01 | M | A | 4,998 | — | 522,331 | D | — | — | (F3) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,998 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,187 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 10 | Common | Class A Common Stock | 2025-12-01 | F | D | 2,187 | $33.87 | 520,144 | D | — | — | |
| 11 | Common | Class A Common Stock | 2025-12-01 | M | A | 807 | — | 520,951 | D | — | — | (F4) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 807 shares of Class A Common Stock underlying the RSUs listed in Table II, and 353 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 12 | Derivative | Restricted Stock Units | 2025-12-01 | M | D | 11,029 | $0.00 | 55,147 | D | — · — to — | 11,029 Class A Common Stock | (F1) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 11,029 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F9) On February 13, 2023, the Reporting Person was granted 190,588 RSUs vesting quarterly over four (4) years from March 1, 2023. On April 28, 2023, the vesting terms of 14,119 of such RSUs were amended to provide for vesting in equal monthly installments over one (1) year from April 23, 2023. Accordingly, such 14,119 RSUs are no longer included in the Reporting Person's holdings with respect to the February 13, 2023 grant of 190,588 RSUs. |
| 13 | Derivative | Stock Option | 2025-12-01 | M | D | 44,361 | $0.00 | 1,468,728 | D | $2.95 · — to 2027-11-02 | 44,361 Class A Common Stock | (F13) These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested. |
| 14 | Derivative | Restricted Stock Units | 2025-12-01 | M | D | 807 | $0.00 | 2,422 | D | — · — to — | 807 Class A Common Stock | (F4) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 807 shares of Class A Common Stock underlying the RSUs listed in Table II, and 353 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F12) On February 10, 2025, the Reporting Person was granted 9,692 RSUs vesting monthly over one (1) year from March 1, 2025. |
| 15 | Derivative | Restricted Stock Units | 2025-12-01 | M | D | 4,998 | $0.00 | 64,969 | D | — · — to — | 4,998 Class A Common Stock | (F3) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,998 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,187 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F11) On February 10, 2025, the Reporting Person was granted 79,961 RSUs vesting quarterly over four (4) years from March 1, 2025. |
| 16 | Derivative | Restricted Stock Units | 2025-12-01 | M | D | 4,825 | $0.00 | 43,423 | D | — · — to — | 4,825 Class A Common Stock | (F2) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,825 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,111 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F10) On February 12, 2024, the Reporting Person was granted 77,196 RSUs vesting quarterly over four (4) years from March 1, 2024. |