DraftKings director exercises 5,562 RSUs
DraftKings Inc. director Jocelyn Moore reported routine equity compensation activity involving Class A Common Stock and restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
DraftKings Inc. director Jocelyn Moore reported routine equity compensation activity involving Class A Common Stock and restricted stock units. She exercised 5,562 restricted stock units, each converting into one share of Class A Common Stock at a price of $0.00 per share, with no shares transferred or sold upon vesting. Following this exercise, she holds 6,968 shares directly and 24,778 shares indirectly through The Mustard Seed Living Trust. The filing reflects an acquisition of shares through vesting, not an open-market purchase or sale.
Insider Trade Summary
5,562 shares exercised/converted
Exercise
3 txns
Insider
Moore Jocelyn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,562 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,562 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 6,968 shares (Direct);
Class A Common Stock — 24,778 shares (Indirect, The Mustard Seed Living Trust)
Footnotes (3)
- F1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026.
Key Figures
RSUs exercised: 5,562 units
Exercise price per RSU: $0.00 per share
Direct shares after transaction: 6,968 shares
+3 more
6 metrics
RSUs exercised
5,562 units
Restricted Stock Units converting into Class A Common Stock
Exercise price per RSU
$0.00 per share
Conversion of RSUs into Class A Common Stock
Direct shares after transaction
6,968 shares
Class A Common Stock held directly after RSU vesting
Indirect shares via trust
24,778 shares
Class A Common Stock held through The Mustard Seed Living Trust
Exercise transactions
1 transaction
Derivative exercise/conversion events in transaction summary
RSU derivative balance
0 units
Restricted Stock Units remaining after full vesting and conversion
Key Terms
Restricted Stock Units, Class A Common Stock, Exercise or conversion of derivative security, The Mustard Seed Living Trust, +1 more
5 terms
Restricted Stock Units financial
"The filing shows 5,562 restricted stock units, each representing a contingent right to receive one DraftKings Class A share."
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
"She exercised 5,562 restricted stock units, each converting into one share of Class A Common Stock at a price of $0.00 per share."
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.
Exercise or conversion of derivative security financial
"The transaction code description states "Exercise or conversion of derivative security" for the RSU transaction."
The Mustard Seed Living Trust financial
"24,778 shares are reported as held indirectly through The Mustard Seed Living Trust."
Form 4 regulatory
"DraftKings director Jocelyn Moore reported these transactions on Form 4 as a routine equity compensation event."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DraftKings (DKNG) director Jocelyn Moore report?
DraftKings director Jocelyn Moore reported the vesting and exercise of 5,562 restricted stock units into Class A Common Stock at $0.00 per share. The filing confirms no shares were transferred or sold upon vesting, indicating a routine equity compensation event rather than a market trade.
What are the details of the restricted stock units in this DraftKings (DKNG) filing?
The filing shows 5,562 restricted stock units, each representing a contingent right to receive one DraftKings Class A share. These RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026, then converted into shares at $0.00 per unit.
How is The Mustard Seed Living Trust involved in Jocelyn Moore’s DraftKings (DKNG) holdings?
The Form 4 reports 24,778 DraftKings Class A shares held indirectly through The Mustard Seed Living Trust. This means those shares are reported as indirectly owned, with the nature of ownership attributed to the trust rather than as direct personal holdings by Jocelyn Moore.
AI-generated analysis. How Rhea-AI works. Not financial advice.
