Draftkings Inc SEC Filings

DraftKings Inc. notice of a proposed sale reports an insider plans to sell 15,000 common shares for an aggregate market value of $518,365.50. The shares represent a very small fraction of outstanding stock (496,470,071 shares outstanding) and the approximate sale date is 10/09/2025. The filer acquired these shares on 05/05/2012 through previously exercised options and paid in cash. No other sales by the seller in the past three months were reported and the filer certifies no undisclosed material adverse information.

Erik Bradbury, Chief Accounting Officer of DraftKings Inc. (DKNG), reported multiple restricted stock unit (RSU) vestings effective 09/01/2025. The filing shows the net receipt of 2,745, 931, and 139 Class A shares from three RSU tranches, while the issuer withheld 1,273, 432, and 65 shares respectively to satisfy taxes. After these transactions, the reporting person beneficially owned 32,942, 13,039, and 1,952 Class A shares attributable to the vested RSUs and total reported Class A common stock ownership of 18,417 shares following the last reported transaction. The grants originated on 08/12/2024, 02/11/2025, and 02/28/2025, with multi-year quarterly vesting schedules.

Matthew P. Kalish, President, DraftKings North America, reported multiple transactions dated 09/01/2025 relating to the vesting of restricted stock units (RSUs) and related withholding. The reporting person acquired net shares from three RSU vesting events: 22,059, 9,649, and 7,951 Class A shares (coded M). To satisfy tax withholding, the issuer withheld and disposed of 10,666, 4,666, and 3,845 shares (coded F) at a reported price of $47.98 per share. Following these transactions, the filing shows direct beneficial ownership totals in the range of about 4.21 million Class A shares, plus indirect holdings of 196,309 shares held by Kalish Family 2020 Irrevocable Trusts and 2,938 held by the Matthew P. Kalish 2020 Trust.

Dodge R. Stanton, Chief Legal Officer of DraftKings Inc. (DKNG), reported multiple transactions on 09/01/2025–09/02/2025 including RSU vestings, option exercise and pre-arranged sales under a Rule 10b5-1 plan. He received net shares from RSU vestings totaling 21,658 shares (11,029 + 4,825 + 4,996 + 808 net recipients noted) and exercised 97,593 stock options for cash at an exercise price of $2.95, acquiring 97,593 shares. Concurrently, he sold 105,554 shares under a 10b5-1 program (31,292 at a weighted average ~$47.06 and 74,262 at a weighted average ~$47.50). After these transactions the Form 4 shows beneficial ownership of 512,181 Class A shares.

Paul Liberman, President, Global Technology and Product at DraftKings (DKNG), reported RSU vestings and related share withholdings on 09/01/2025. Three RSU grants vested, producing a total of 39,659 shares delivered to the reporting person and 19,177 shares withheld by the issuer to satisfy taxes. Concurrently, the Form 4 shows disposals of 19,177 Class A shares sold at $47.98 per share. After these transactions, Mr. Liberman directly beneficially owns 756,815 Class A shares and indirectly holds additional Class A shares through trusts totaling 1,181,319 (767,722 + 213,597 + 200,000).

DraftKings insider activity: Chief Financial Officer Alan Wayne Ellingson had multiple restricted stock unit (RSU) vestings effective 09/01/2025 that increased his Class A common stock holdings. Net shares delivered from four separate RSU vestings totaled 9,788 shares added to his direct holdings while the issuer withheld 4,734 shares to satisfy taxes. A portion of withheld shares were reported as dispositions at a price of $47.98 per share. After these transactions, the Reporting Person beneficially owned 135,748 Class A shares at latest report.

Jason Robins, Chief Executive Officer and Chairman of DraftKings Inc. (DKNG), reported vesting and withholding transactions for restricted stock units (RSUs) on 09/01/2025. Three RSU grants vested, resulting in the issuance of 37,500, 16,404, and 14,008 shares (totaling 67,912 shares) that converted into Class A common stock. To satisfy withholding taxes, the issuer withheld 18,132, 7,932, and 6,773 shares (total 32,837 shares) which were reported as disposals at $47.98 per share for some withheld tranches. Following these transactions, the reporting person directly beneficially owned between 3,445,198 and 3,467,678 shares of Class A common stock depending on the row reported, and the filing also discloses that Mr. Robins is the sole holder of 393,013,951 shares of Class B common stock (not registered).

DraftKings Inc. (DKNG) Form 144 notice shows a proposed sale of 105,554 Class A common shares through UBS Financial Services (NASDAQ) with an aggregate market value of $5,000,177.42. The filer identifies acquisitions underlying the sale as 7,961 shares from the vesting of restricted stock units on 08/09/2025 and 97,593 shares from exercise of stock options on 09/02/2025 (paid in cash). The filing lists four prior sales by the same person in the past three months: 52,777 on 06/02/2025, 158,331 on 06/18/2025, 105,554 on 07/18/2025, and 105,554 on 08/05/2025, totaling 422,216 shares for gross proceeds of $17,245,745.02. The form includes standard representations about material nonpublic information; dates for the notice and plan adoption fields are not provided in the content.

DraftKings Inc. (DKNG) Form 4 shows insider Jason Robins made two gifts of Class A common stock on 08/25/2025, transferring 4,443 shares to a non-profit organization and 5,554 shares to a non-profit educational institution; both transfers were coded as gifts with no cash consideration. After the transactions Robins beneficially owned 3,431,384 and 3,425,830 shares of Class A common stock as reported on separate lines. The filing also reports an indirect holding of 90 Class A shares held by the Jason Robins Revocable Trust dated January 8, 2014. The form identifies Robins as Chief Executive Officer and Chairman and discloses he is the sole holder of 393,013,951 shares of Class B common stock, which are not registered securities. The filing was signed by an attorney-in-fact, Faisal Hasan, on 08/27/2025.