DraftKings director granted 668 RSUs, shares issued
DraftKings Inc. director Ryan R. Moore reported equity-based compensation rather than a cash payment.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 668 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 668 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 668 | $0.00 | $0.00 |
Footnotes (4)
- 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. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
- F4. The RSUs were granted and became fully vested on February 10, 2026.
FAQ
What insider transaction did DraftKings (DKNG) report for Ryan R. Moore?
What are the terms of the 668 DraftKings (DKNG) restricted stock units granted to Ryan Moore?
Why did DraftKings (DKNG) grant 668 RSUs instead of cash to Ryan R. Moore?
What transaction codes appear in Ryan Moore’s DraftKings (DKNG) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.