DKNG (NASDAQ) affiliate files Form 144 listing vested Class A lots

Rhea-AI Filing Summary

DKNG submitted a Form 144 notifying a proposed sale of Class A common stock by an affiliate. The notice lists multiple blocks of vested restricted stock granted for compensation, including 12,273 shares (04/28/2021), 13,909 shares (05/02/2023), and 4,646 shares (04/19/2022), among other smaller vesting lots. The entries are labeled as Restricted Stock Vesting with the issuer named as the source of shares.

Insights

Securities Attorney

Form 144 lists proposed affiliate dispositions of vested restricted Class A shares.

The filing is a notice of proposed sales under federal resale rules and lists grant dates and share counts tied to restricted stock vesting events. It does not state transaction timing, pricing, or the broker/dealer method.

Cash‑flow treatment and exact sale mechanics are not shown in the excerpt; subsequent Form 4 or broker reports would disclose completed transactions and proceeds.

Key Figures

Form type: Form 144 Vested lot (example): 12,273 shares Vested lot (example): 13,909 shares +2 more

5 metrics

Form type Form 144 resale notice for restricted stock

Vested lot (example) 12,273 shares vested 04/28/2021

Vested lot (example) 13,909 shares vested 05/02/2023

Vested lot (example) 4,646 shares vested 04/19/2022

Broker/holder listed Fidelity Brokerage Services LLC address on the notice

Key Terms

Restricted Stock Vesting, Form 144, Issuer

3 terms

Restricted Stock Vesting financial

"Entries labeled as "Restricted Stock Vesting" with grant dates and share counts"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Form 144 regulatory

"Header and nature of filing as a resale notice for affiliates"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Issuer financial

"Each vesting line lists the issuer as the source of the vested shares"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	34234	880017.14	496128817	05/18/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	04/28/2021	Restricted Stock Vesting	Issuer			12273	04/28/2021	Compensation
Class A	05/04/2021	Restricted Stock Vesting	Issuer			222	05/04/2021	Compensation
Class A	04/19/2022	Restricted Stock Vesting	Issuer			4646	04/19/2022	Compensation
Class A	05/16/2022	Restricted Stock Vesting	Issuer			833	05/16/2022	Compensation
Class A	08/02/2022	Restricted Stock Vesting	Issuer			813	08/02/2022	Compensation
Class A	11/02/2022	Restricted Stock Vesting	Issuer			785	11/02/2022	Compensation
Class A	02/14/2023	Restricted Stock Vesting	Issuer			753	02/14/2023	Compensation
Class A	05/02/2023	Restricted Stock Vesting	Issuer			13909	05/02/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does DKNG's Form 144 disclose about the shares?

The Form 144 lists proposed sales of Class A shares tied to restricted stock vesting. It cites specific lots such as 12,273 shares (04/28/2021) and 13,909 shares (05/02/2023), each labeled as compensation‑related vesting.

Does the Form 144 show when the sales will occur for DKNG?

No exact sale dates are provided in the excerpt. The filing lists vesting dates and share counts but does not state the timing or execution details of any proposed dispositions.

Who is the issuer or source of the shares in DKNG's filing?

The excerpt identifies the shares as issued by the company in connection with Restricted Stock Vesting and labels the issuer as the source for each listed lot and date.

Will Form 144 report proceeds or the sale method for DKNG shares?

This Form 144 excerpt does not disclose proceeds or sale methods. It records proposed resale quantities and vesting origins; completed sales and proceeds would appear in later trade reports or Form 4 filings if required.