DKNG Form 144 Notice: 15,000 Common Shares to Be Sold on NASDAQ

Rhea-AI Filing Summary

DraftKings Inc. (DKNG) filing of a Form 144 notifies a proposed sale of 15,000 common shares with an aggregate market value of $518,413.50. The shares were acquired on 05/05/2012 through previously exercised options and were paid for in cash on that date. The proposed approximate sale date is 10/09/2025 through Morgan Stanley Smith Barney LLC on the NASDAQ. The filing reports 496,470,071 shares outstanding, and indicates no securities sold by the same person in the past three months. The signer represents they are not aware of undisclosed material adverse information and references the Rule 10b5-1 trading plan representation language.

Positive

• Filing demonstrates regulatory compliance by using Form 144 and including the required attestations
• Securities were acquired via exercised options with 05/05/2012 cash payment recorded, showing clear chain of title

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Small insider sale notice, recorded under Rule 144, with standard compliance representations.

The notice documents a proposed sale of 15,000 common shares valued at $518,413.50, to be executed on or about 10/09/2025 through Morgan Stanley Smith Barney LLC. The shares were acquired via previously exercised options on 05/05/2012, with full cash payment recorded on that acquisition date.

The filing includes the required attestation that the seller is not aware of undisclosed material adverse information and notes the Rule 10b5-1 plan adoption language; these are routine but important compliance statements. Given the issuer's reported 496,470,071 shares outstanding, the proposed sale is a de minimis fraction of total capital, limiting immediate market impact. Monitor for an actual Form 4 or subsequent sale confirmation if tracking insider activity.

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	15000	518413.50	496470071	10/09/2025	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 *
Common	05/05/2012	Previously Exercised Options	Issuer			15000	05/05/2012	Cash

* 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 DraftKings' (DKNG) Form 144 report?

It reports a proposed sale of 15,000 common shares valued at $518,413.50, with an approximate sale date of 10/09/2025.

Who is handling the sale listed on the Form 144 for DKNG?

The broker named is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, New York, NY.

When and how were the shares being sold originally acquired?

The shares were acquired on 05/05/2012 through previously exercised options, with payment in cash on that date.

How large is the proposed sale relative to DraftKings' outstanding shares?

The filing lists 496,470,071 shares outstanding; the proposed 15,000-share sale is a very small fraction of that total.

Does the Form 144 indicate any recent sales by the same person?

No. The filing reports "Nothing to Report" under securities sold during the past three months.