DraftKings director granted 760 RSUs, shares vested
DraftKings Inc. director Steven Joseph Murray reported equity compensation activity involving restricted stock units (RSUs) and Class A Common Stock.
Rhea-AI Filing Summary
DraftKings Inc. director Steven Joseph Murray reported equity compensation activity involving restricted stock units (RSUs) and Class A Common Stock. On February 10, 2026, he received a grant of 760 RSUs issued in lieu of a quarterly cash retainer. Each RSU represents a contingent right to receive one share of DraftKings Class A Common Stock, and the RSUs were granted and became fully vested on that same date.
Upon vesting, the 760 RSUs were converted into 760 shares of Class A Common Stock at a price of $0 per share. No shares of Class A Common Stock were transferred or sold as part of this vesting. Following these transactions, Murray directly beneficially owned 72,812 shares of DraftKings Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 760 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 760 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 760 | $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 director Steven Joseph Murray?
What are the terms of the restricted stock units granted to DraftKings director Steven Joseph Murray?
How was Steven Joseph Murray compensated in this DraftKings (DKNG) Form 4 instead of cash?
What transaction codes appear in Steven Joseph Murray’s DraftKings Form 4, and what do they indicate?
AI-generated analysis. How Rhea-AI works. Not financial advice.