DraftKings (DKNG) director gets 491 RSUs; ownership 224,712 shares

DraftKings (DKNG) reported an insider equity award by a director.

Rhea-AI Filing Summary

DraftKings (DKNG) reported an insider equity award by a director. The filing shows a grant of 491 restricted stock units (RSUs) that were issued in lieu of a quarterly cash retainer and became fully vested on November 6, 2025. Each RSU represents one share of Class A Common Stock.

Upon vesting, the RSUs were settled into 491 shares of Class A Common Stock, and no shares were transferred or sold upon vesting. Following these transactions, the reporting person directly beneficially owns 224,712 shares.

Insider Trade Summary

491 shares exercised/converted

Exercise 3 txns

Insider SLOAN HARRY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	491	$0.00	$0.00
Exercise	Restricted Stock Units	491	$0.00	$0.00
Exercise	Class A Common Stock	491	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Class A Common Stock — 224,712 shares (Direct)

Footnotes (4)

1. F1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
2. F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. F3. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
4. F4. The RSUs were granted and became fully vested on November 6, 2025.

FAQ

What did DraftKings (DKNG) disclose in this Form 4?

A director received 491 RSUs that vested on November 6, 2025 and settled into 491 Class A shares with no sale.

How many shares does the reporting person own after the transaction?

The reporting person directly beneficially owns 224,712 shares after the reported transactions.

Were any shares sold as part of this Form 4 event for DKNG?

No. The filing states no shares were transferred or sold upon the vesting of the RSUs.

What is the exchange ratio for the RSUs reported by DKNG?

Each RSU represents a contingent right to receive one share of DraftKings Class A Common Stock.

Why were the RSUs granted to the DraftKings director?

The filing notes the 491 RSUs were granted in lieu of a quarterly cash retainer.

What transaction codes were used in the Form 4?

The filing reflects RSU grant (A) and settlement via M (conversion), consistent with equity award vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/07/2025 - 07:52 PM Learn about SEC filing dates

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^*

SLOAN HARRY

(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)
11/06/2025

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	11/06/2025		M		491	A	(1)	224,712	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)	11/06/2025		A		491(3)		(4)	(4)	Class A Common Stock	491	$0	491	D
Restricted Stock Units	(1)(2)	11/06/2025		M			491(3)	(4)	(4)	Class A Common Stock	491	$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 November 6, 2025.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	11/07/2025
	** 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.