Form 4 for DKNG DraftKings Inc.
Accepted 2025-11-10 00:00:00 ET · period of report 2025-11-06 · accession 0001810190-25-000005 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-11-10 | 2025-11-09 | DKNG | Kalish Matthew | See Remarks, Dir | F - Tax | $30.40 | -13.7K | 4.20M | -0.3% | -$416.1K |
| D | 2025-11-10 | 2025-11-09 | DKNG | Kalish Matthew | See Remarks, Dir | M - OptEx | — | +28.3K | 4.22M | +0.7% | — |
| DM | 2025-11-10 | 2025-11-06 | DKNG | Kalish Matthew | See Remarks, Dir | D - Sale to Iss | $0.00 | -260.8K | 44.1K | -86% | $0 |
| D | 2025-11-10 | 2025-11-09 | DKNG | Kalish Matthew | See Remarks, Dir | M - OptEx | $0.00 | -28.3K | 28.3K | -50% | $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 | 2025-11-09 | F | D | 13,687 | $30.40 | 4,204,034 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-11-09 | M | A | 28,308 | — | 4,217,721 | 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 28,308 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,687 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. |
| 3 | Derivative | Restricted Stock Units | 2025-11-06 | D | D | 95,409 | $0.00 | 15,901 | D | — · — to — | 95,409 Class A Common Stock | (F2) Subject to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer, outstanding time-based RSUs will continue vesting, under their original terms, through the last scheduled March 1, 2026 vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) No shares of Class A Common Stock were transferred or sold upon the forfeiture of the RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F6) On February 10, 2025, the Reporting Person was granted 127,211 RSUs vesting quarterly over four (4) years from March 1, 2025. |
| 4 | Derivative | Restricted Stock Units | 2025-11-09 | M | D | 28,308 | $0.00 | 28,309 | D | — · — to — | 28,308 Class A Common Stock | (F2) Subject to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer, outstanding time-based RSUs will continue vesting, under their original terms, through the last scheduled March 1, 2026 vesting date. Each RSU represents a contingent right to receive one share of the Issuer's 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 28,308 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,687 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. (F7) On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years. |
| 5 | Derivative | Restricted Stock Units | 2025-11-06 | D | D | 77,196 | $0.00 | 19,299 | D | — · — to — | 77,196 Class A Common Stock | (F2) Subject to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer, outstanding time-based RSUs will continue vesting, under their original terms, through the last scheduled March 1, 2026 vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) No shares of Class A Common Stock were transferred or sold upon the forfeiture of the RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F5) On February 12, 2024, the Reporting Person was granted 154,392 RSUs vesting quarterly over four (4) years from March 1, 2024. |
| 6 | Derivative | Restricted Stock Units | 2025-11-06 | D | D | 88,235 | $0.00 | 44,118 | D | — · — to — | 88,235 Class A Common Stock | (F2) Subject to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer, outstanding time-based RSUs will continue vesting, under their original terms, through the last scheduled March 1, 2026 vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) No shares of Class A Common Stock were transferred or sold upon the forfeiture of the RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F4) On February 13, 2023, the Reporting Person was granted 352,941 RSUs vesting quarterly over four (4) years from March 1, 2023. |