Form 4 for DKNG DraftKings Inc.
Accepted 2026-02-18 00:00:00 ET · period of report 2026-02-13 · accession 0001810204-26-000004 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2026-02-18 | 2026-02-18 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $3.29 | +400.0K | 1.67M | +31% | +$1.32M |
| DI | 2026-02-18 | 2026-02-18 | DKNG | Liberman Paul | See Remarks, Dir | G - Gift | $0.00 | +200.0K | 200.0K | New | $0 |
| D | 2026-02-18 | 2026-02-18 | DKNG | Liberman Paul | See Remarks, Dir | G - Gift | $0.00 | -200.0K | 48.8K | -80% | $0 |
| D | 2026-02-18 | 2026-02-13 | DKNG | Liberman Paul | See Remarks, Dir | A - Grant | — | +51.5K | 271.1K | +23% | — |
| D | 2026-02-18 | 2026-02-13 | DKNG | Liberman Paul | See Remarks, Dir | F - Tax | $21.76 | -22.3K | 248.8K | -8% | -$484.7K |
| DI | 2026-02-18 | 2026-02-18 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $0.00 | -400.0K | 1.11M | -26% | $0 |
| D | 2026-02-18 | 2026-02-17 | DKNG | Liberman Paul | See Remarks, Dir | A - Grant | $0.00 | +531.2K | 531.2K | New | $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 | 2026-02-18 | M | A | 400,000 | $3.29 | 1,669,955 | I | — | — | (F5) The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash. (F3) Reflects the transfer of 588,074 shares of the Issuer's Class A Common Stock previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer. |
| 2 | Common | Class A Common Stock | 2026-02-18 | G | A | 200,000 | $0.00 | 200,000 | I | — | — | |
| 3 | Common | Class A Common Stock | 2026-02-18 | G | D | 200,000 | $0.00 | 48,837 | D | — | — | |
| 4 | Common | Class A Common Stock | 2026-02-13 | A | A | 51,464 | — | 271,110 | D Held by the Rachel Nager Liberman 2015 Revocable Trust | — | — | (F2) Represents the vesting of the RSUs granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals. 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 51,464 shares of Class A Common Stock underlying the RSUs listed in Table I, and 22,273 shares of Class A Common Stock withheld by the Issuer. (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) Reflects the transfer of 588,074 shares of the Issuer's Class A Common Stock previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer. |
| 5 | Common | Class A Common Stock | 2026-02-13 | F | D | 22,273 | $21.76 | 248,837 | D Held by the Paul Liberman 2015 Revocable Trust | — | — | |
| 6 | Derivative | Stock Options | 2026-02-18 | M | D | 400,000 | $0.00 | 1,111,843 | I | $3.29 · — to 2028-05-03 | 400,000 Class A Common Stock | (F7) These stock options were granted on May 3, 2018. As of the date hereof, all such remaining stock options have vested. |
| 7 | Derivative | Restricted Stock Units | 2026-02-17 | A | A | 531,208 | $0.00 | 531,208 | D Held by the Paul Liberman 2015 Revocable Trust | — · — to — | 531,208 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F6) On February 17, 2026, the Reporting Person was granted 531,208 RSUs vesting quarterly over four (4) years from March 1, 2026. |