DraftKings (DKNG) director Harry Sloan gains 5,562 shares from RSU vesting

Rhea-AI Filing Summary

DraftKings director Harry Sloan increased his direct holdings through equity compensation rather than market buying or selling. On May 12, 2026, 5,562 Restricted Stock Units converted into an equal number of Class A Common Stock shares at no cost, with no shares sold. Following this vesting and conversion, he directly holds 355,781 Class A shares.

Insider Trade Summary

5,562 shares exercised/converted

Mixed 2 txns

Insider SLOAN HARRY

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	5,562	$0.00	--
Exercise	Class A Common Stock	5,562	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 355,781 shares (Direct, null)

Footnotes (1)

1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026.

Key Figures

Shares acquired via RSU conversion: 5,562 shares Shares held after transaction: 355,781 shares RSU to share ratio: 1 RSU : 1 share +1 more

4 metrics

Shares acquired via RSU conversion 5,562 shares RSUs converted to Class A Common Stock on May 12, 2026

Shares held after transaction 355,781 shares Direct Class A Common Stock ownership following May 12, 2026 event

RSU to share ratio 1 RSU : 1 share Each RSU represents right to one Class A share

RSU grant and vesting dates Granted August 5, 2025; vested May 12, 2026 Timeline of Restricted Stock Units underlying the transaction

Key Terms

Restricted Stock Units, Class A Common Stock, derivative security

3 terms

Restricted Stock Units financial

"No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs")."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A Common Stock financial

"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

SLOAN HARRY

(Last) (First) (Middle)

C/O DRAFTKINGS INC.

222 BERKELEY STREET, 5TH FLOOR

(Street)

BOSTON MASSACHUSETTS 02116

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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

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

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

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	05/12/2026		M		5,562	A	(1)	355,781	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)(2)	05/12/2026		M			5,562	(3)	(3)	Class A Common Stock	5,562	$0	0	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").

2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

3. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	05/14/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DraftKings (DKNG) director Harry Sloan report?

Harry Sloan reported the vesting and conversion of 5,562 Restricted Stock Units into 5,562 shares of DraftKings Class A Common Stock. The transaction reflects equity compensation becoming actual shares rather than an open-market purchase or sale.

Did Harry Sloan sell any DraftKings (DKNG) shares in this Form 4 filing?

No, Harry Sloan did not sell any DraftKings shares in this filing. Footnotes state no Class A Common Stock was transferred or sold when the Restricted Stock Units vested and converted into shares on May 12, 2026.

How many DraftKings (DKNG) shares did Harry Sloan acquire through this transaction?

He acquired 5,562 shares of DraftKings Class A Common Stock when an equal number of Restricted Stock Units vested and converted. Each RSU represented a contingent right to receive one share of Class A Common Stock upon vesting.

What are Restricted Stock Units (RSUs) in the DraftKings (DKNG) Form 4?

In this filing, each Restricted Stock Unit represents a contingent right to receive one share of DraftKings Class A Common Stock. The RSUs were granted as equity compensation and became fully vested, then automatically converted into shares without a cash purchase.

When did Harry Sloan’s DraftKings (DKNG) RSUs vest and convert into shares?

The Restricted Stock Units were granted on August 5, 2025 and became fully vested on May 12, 2026. On that vesting date, 5,562 RSUs converted into 5,562 shares of DraftKings Class A Common Stock with no shares sold.

What is Harry Sloan’s DraftKings (DKNG) share ownership after this Form 4 transaction?

After the vesting and conversion of 5,562 Restricted Stock Units, Harry Sloan directly holds 355,781 shares of DraftKings Class A Common Stock. This updated figure reflects his position following the May 12, 2026 equity compensation event.