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Director Ryan Moore awarded 668 RSUs at DraftKings (DKNG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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 Ryan R

(Last) (First) (Middle)
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/10/2026 M 668 A (1) 1,717 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) 02/10/2026 A 668(3) (4) (4) Class A Common Stock 668 $0 668 D
Restricted Stock Units (1)(2) 02/10/2026 M 668(3) (4) (4) Class A Common Stock 668 $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. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
4. The RSUs were granted and became fully vested on February 10, 2026.
Remarks:
/s/ Ryan R. Moore 02/12/2026
** 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.

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.

Were any DraftKings (DKNG) shares sold in Ryan Moore’s latest Form 4?

No shares were sold in this Form 4 filing. The footnotes state that no Class A Common Stock was transferred or sold when the 668 restricted stock units vested and converted into 668 shares, which were added to Ryan Moore’s direct ownership.

How many DraftKings (DKNG) shares does Ryan R. Moore own after this Form 4?

Following the reported transactions, Ryan R. Moore directly owns 1,717 shares of DraftKings Class A Common Stock. This total reflects the conversion of 668 fully vested restricted stock units into an equal number of Class A shares at no cash cost.

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.
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