DraftKings (DKNG) CAO logs RSU vesting, tax withholding and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DraftKings Inc. Chief Accounting Officer Erik Bradbury reported equity awards and related tax withholding transactions. On February 13, 2026, 43,923 shares of Class A Common Stock were delivered upon vesting of restricted stock units tied to performance goals, while 20,677 shares at $21.7600 per share were withheld by DraftKings to cover taxes, leaving 44,004 shares held directly. On February 17, 2026, he was granted 23,019 restricted stock units, each representing a right to receive one Class A share, scheduled to vest quarterly over four years from March 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bradbury Erik
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,019 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 43,923 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 20,677 | $21.76 | $450K |
Holdings After Transaction:
Restricted Stock Units — 23,019 shares (Direct);
Class A Common Stock — 64,681 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents the vesting of the RSUs granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals. No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 43,923 shares of Class A Common Stock underlying the RSUs listed in Table I, and 20,677 shares of Class A Common Stock withheld by the Issuer. On February 17, 2026, the Reporting Person was granted 23,019 RSUs vesting quarterly over four (4) years from March 1, 2026.