DraftKings (DKNG) Chief Legal Officer receives 14,154 shares after RSU vesting

Rhea-AI Filing Summary

DraftKings Inc. (DKNG) insider report: Dodge R. Stanton, the companys Chief Legal Officer, reported the vesting of restricted stock units on 08/09/2025 that resulted in the delivery of 14,154 shares of Class A common stock to the reporting person after tax withholding. The issuer withheld 6,193 shares to satisfy tax obligations, a disposition recorded at $42.88 per share on the form. Table II shows the vested RSUs increased derivative securities beneficially owned to 28,309. The filing also discloses the original grant of 226,470 RSUs on 02/09/2022 vesting quarterly over four years. The form lists resulting beneficial ownership totals on the reporting lines.

Positive

• Net delivery of 14,154 Class A shares to the reporting person upon RSU vesting
• Original RSU grant disclosed: 226,470 RSUs granted on 02/09/2022 with quarterly vesting over four years, providing context for the vesting event

Negative

• 6,193 shares withheld by the issuer to satisfy tax withholding, recorded as a disposition at $42.88 per share
• Beneficial ownership figures change due to the vesting and withholding (form lists differing post-transaction totals on reporting lines)

Insights

Securities Analyst

TL;DR: 14,154 RSU shares delivered; 6,193 withheld at $42.88; derivative holdings now shown as 28,309.

The filing documents a compensation-related vesting event rather than an open-market sale. The report specifies the net issuance of 14,154 Class A shares from vested RSUs and a related withholding disposition of 6,193 shares at $42.88. The underlying RSU grant (226,470 RSUs from 02/09/2022) and the post-transaction beneficial ownership figures are disclosed, providing clear record of the insiders position changes.

Corporate Governance Expert

TL;DR: Disclosure confirms RSU vesting and tax-withholding; form lists both share delivery and remaining derivative holdings.

The form identifies the reporting person as the Chief Legal Officer and records the mechanics of RSU settlement: receipt of 14,154 shares, withholding of 6,193 shares to cover taxes, and the updated counts for beneficial ownership displayed on the form. The original grant date and size are included, supporting traceability of compensation awards and vesting schedule.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dodge R Stanton

(Last) (First) (Middle)

C/O DRAFTKINGS INC.

222 BERKELEY STREET, 5TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DraftKings Inc. [ DKNG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/09/2025		M		14,154	A	(1)	514,154	D
Class A Common Stock	08/09/2025		F		6,193	D	$42.88	507,961	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/09/2025		M			14,154	(2)	(2)	Class A Common Stock	14,154	$0.00	28,309	D

Explanation of Responses:

1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 14,154 shares of Class A Common Stock underlying the RSUs listed in Table II, and 6,193 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. On February 9, 2022, the Reporting Person was granted 226,470 RSUs vesting quarterly over four (4) years.

	/s/ Faisal Hasan, attorney-in-fact	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did DraftKings (DKNG) report by Dodge R. Stanton?

The filing reports the vesting of restricted stock units resulting in the net delivery of 14,154 Class A shares and the withholding of 6,193 shares for taxes.

When did the RSU vesting reported on DKNG Form 4 occur?

The transactions are reported with a transaction date of 08/09/2025 as shown on the form.

What price is associated with the withheld shares in the DKNG filing?

The form records the withholding disposition of 6,193 shares at a price of $42.88 per share.

How many RSUs were originally granted to the reporting person?

The filing discloses an original grant of 226,470 RSUs granted on 02/09/2022, which vest quarterly over four years.

What are the reported post-transaction ownership figures for Dodge R. Stanton?

The form lists post-transaction beneficial ownership totals on its reporting lines, including 28,309 derivative securities shown in Table II and beneficial ownership figures displayed in Table I.