DraftKings (NASDAQ: DKNG) Form 144 lists Class A shares tied to vesting

Rhea-AI Filing Summary

DKNG submitted a Form 144 notice reporting proposed sales of Class A common stock tied to recently vested restricted shares. The filing lists multiple restricted-stock vesting entries, including 395 shares on 02/13/2024, 406 shares on 04/30/2024, 69 shares on 05/13/2024, 432 shares on 11/07/2024, 473 shares on 05/19/2025, and 375 shares on 08/05/2025

Insights

Securities Compliance Counsel

Form 144 records proposed resale of vested Class A restricted shares under Rule 144.

Form 144 is a notice for proposed sales of restricted or control securities; the excerpt lists specific restricted-stock vesting entries by date and share count. The filing names a broker-dealer (Fidelity Brokerage Services LLC) and identifies the security class as Class A.

Timing and ultimate sale execution are governed by Rule 144 conditions and market rules; the excerpt does not state sale prices, proceeds recipients, or completed sales. Subsequent transaction details or confirmations would appear in broker records or Form 4/Form 5 filings if required.

Corporate Counsel (Equity Compensation)

Vesting schedule entries indicate compensation-related issuances becoming available for resale.

The listed rows show restricted-stock vesting events with precise dates and share counts, implying recipients acquired shares via compensation vesting. These vesting events are typically the trigger allowing holders to transfer or sell under applicable resale rules.

Whether sales occur depends on holder decisions and compliance with Rule 144 conditions; the excerpt does not disclose whether the issuer will receive proceeds or whether holders intend immediate sales.

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	2150	55040.00	492991385	03/13/2026	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	02/13/2024	Restricted Stock Vesting	Issuer			395	02/13/2024	Compensation
Class A	04/30/2024	Restricted Stock Vesting	Issuer			406	04/30/2024	Compensation
Class A	05/13/2024	Restricted Stock Vesting	Issuer			69	05/13/2024	Compensation
Class A	11/07/2024	Restricted Stock Vesting	Issuer			432	11/07/2024	Compensation
Class A	05/19/2025	Restricted Stock Vesting	Issuer			473	05/19/2025	Compensation
Class A	08/05/2025	Restricted Stock Vesting	Issuer			375	08/05/2025	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

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 securities does DKNG's Form 144 cover?

The filing covers proposed sales of Class A common stock. It lists restricted-stock vesting entries tied to Class A shares on several dates with specific share counts.

Who is listed as the broker for the proposed sales in the DKNG excerpt?

The excerpt names Fidelity Brokerage Services LLC at a listed address. The filing indicates the broker-dealer connection but does not state execution details or sale prices.

Do the DKNG entries show how many vested shares are involved?

Yes. The excerpt lists vesting entries and share counts: 395, 406, 69, 432, 473, and 375, each tied to specific vesting dates between 02/13/2024 and 08/05/2025.

Does the Form 144 excerpt state proceeds or completed sales for DKNG?

No. The provided excerpt lists proposed securities to be sold and vesting entries but does not disclose sale prices, proceeds recipients, or completed transactions.

Are the listed vested shares automatically sold when they vest for DKNG?

No. Vesting makes shares transferable but does not mandate a sale. The excerpt shows vesting events; it does not state whether holders intend to sell or whether sales occurred.