Director Ryan Moore awarded 668 RSUs at DraftKings (DKNG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DraftKings Inc. director Ryan R. Moore reported equity-based compensation rather than a cash payment. On February 10, 2026, he was granted 668 restricted stock units (RSUs), issued in lieu of a quarterly cash retainer. Each RSU represents a right to receive one share of DraftKings Class A Common Stock, and the RSUs were granted and became fully vested on that date.
The RSUs were then converted into 668 shares of Class A Common Stock at $0 per share, and no shares were transferred or sold upon vesting. After this derivative conversion, Moore directly holds 1,717 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
668 shares exercised/converted
Mixed
3 txns
Insider
Moore Ryan R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 668 | $0.00 | -- |
| Exercise | Restricted Stock Units | 668 | $0.00 | -- |
| Exercise | Class A Common Stock | 668 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 668 shares (Direct);
Class A Common Stock — 1,717 shares (Direct)
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. Represents RSU grant that is being issued in lieu of a quarterly cash retainer. The RSUs were granted and became fully vested on February 10, 2026.
FAQ
What insider transaction did DraftKings (DKNG) report for Ryan R. Moore?
DraftKings reported that director Ryan R. Moore received 668 restricted stock units on February 10, 2026. These RSUs immediately vested and were converted into 668 shares of Class A Common Stock at $0 per share, increasing his direct holdings to 1,717 shares.
What are the terms of the 668 DraftKings (DKNG) restricted stock units granted to Ryan Moore?
Ryan Moore’s 668 restricted stock units were granted on February 10, 2026 in lieu of a quarterly cash retainer. Each RSU represents a contingent right to receive one share of Class A Common Stock and became fully vested on the grant date before converting into shares.
Why did DraftKings (DKNG) grant 668 RSUs instead of cash to Ryan R. Moore?
The filing explains that the 668 restricted stock units represent a grant issued in lieu of a quarterly cash retainer. This means DraftKings compensated director Ryan R. Moore with equity-based awards instead of a cash payment for that quarterly director fee.
What transaction codes appear in Ryan Moore’s DraftKings (DKNG) Form 4?
The Form 4 uses transaction code A for the grant or award of 668 restricted stock units and code M for the exercise or conversion of those derivative securities. Code M reflects the RSUs converting into 668 shares of Class A Common Stock at $0 per share.