DraftKings (NASDAQ: DKNG) director adds 5,562 shares through RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

Mixed 3 txns

Insider Moore Jocelyn

Role null

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

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 6,968 shares (Direct, null); Class A Common Stock — 24,778 shares (Indirect, The Mustard Seed Living Trust)

Footnotes (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

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.

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Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 04:22 PM

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^*

Moore Jocelyn

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/12/2026		M		5,562	A	⁽¹⁾	6,968	D
Class A Common Stock								24,778	I	The Mustard Seed Living Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)

Source: View Original Filing on SEC EDGAR

FAQ

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.

Did Jocelyn Moore buy or sell DraftKings (DKNG) shares in this Form 4?

The Form 4 shows no open-market buying or selling of DraftKings shares by Jocelyn Moore. Instead, 5,562 restricted stock units vested and converted into Class A Common Stock at $0.00 per share, with footnotes clarifying that no shares were transferred or sold upon vesting.

How many DraftKings (DKNG) shares does Jocelyn Moore hold after this transaction?

After the reported transactions, Jocelyn Moore holds 6,968 DraftKings Class A shares directly and 24,778 shares indirectly. The indirect holdings are reported as owned through The Mustard Seed Living Trust, giving a fuller picture of her beneficial ownership following the RSU vesting.

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.

Were any DraftKings (DKNG) restricted stock units or shares sold for taxes in this Form 4?

The Form 4 and its footnotes state that no shares of DraftKings Class A Common Stock were transferred or sold upon the RSU vesting. The transaction summary also shows no tax withholding dispositions, indicating no sale of shares to cover tax obligations in this event.

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.