DraftKings Inc. (DKNG) director defers equity into 10,588 stock units
Rhea-AI Filing Summary
MURRAY STEVEN JOSEPH reported acquisition or exercise transactions in this Form 4 filing.
DraftKings Inc. director Steven Joseph Murray received a grant of 10,588 Deferred Stock Units on August 4, 2026 as an annual equity retainer he elected to defer under the DraftKings Director Stock Deferral Plan. Each DSU represents a contingent right to receive one share of Class A Common Stock, payable under the plan’s terms.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MURRAY STEVEN JOSEPH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 10,588 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 10,588 shares (Direct)
Footnotes (2)
- F1. The Reporting Person has elected to defer compensation in the form of deferred stock units ("DSUs") under the DraftKings Director Stock Deferral Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 10,588 DSUs, in lieu of an annual equity retainer, deferred by the reporting person under the Plan. The DSUs become payable upon the terms set forth in the Plan.
- F2. Each DSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Key Figures
Deferred Stock Units granted: 10,588 units
Underlying Class A shares: 10,588 shares
Transaction price per DSU: $0.0000 per unit
+1 more
4 metrics
Deferred Stock Units granted
10,588 units
Director equity retainer deferred on August 4, 2026
Underlying Class A shares
10,588 shares
Each DSU represents a right to one Class A Common Share
Transaction price per DSU
$0.0000 per unit
Grant recorded with no per-unit price in the Form 4
Holdings after transaction
10,588 DSUs
Total Deferred Stock Units directly held after the grant
Key Terms
Deferred Stock Units, DraftKings Director Stock Deferral Plan, contingent right
3 terms
Deferred Stock Units financial
"The Reporting Person has elected to defer compensation in the form of deferred stock units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DraftKings Director Stock Deferral Plan financial
"under the DraftKings Director Stock Deferral Plan (the "Plan")"
contingent right financial
"Each DSU represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DraftKings (DKNG) report for Steven Joseph Murray?
DraftKings reported that director Steven Joseph Murray received 10,588 Deferred Stock Units (DSUs) on August 4, 2026. The DSUs were granted as an annual equity retainer that he elected to defer under the DraftKings Director Stock Deferral Plan.
How many Deferred Stock Units did the DraftKings (DKNG) director receive?
Steven Joseph Murray was credited with 10,588 Deferred Stock Units. These DSUs correspond to an equal number of underlying shares of Class A Common Stock, with each DSU representing a contingent right to receive one share, subject to the plan’s payout terms.
What do DraftKings (DKNG) Deferred Stock Units represent for the director?
Each DraftKings DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs are not immediate stock; they become payable in shares according to the timing and conditions specified in the DraftKings Director Stock Deferral Plan.
Why did the DraftKings (DKNG) director receive 10,588 DSUs instead of cash or stock now?
Steven Joseph Murray elected to defer compensation under the DraftKings Director Stock Deferral Plan. In lieu of an immediate annual equity retainer, he was credited with 10,588 DSUs, which will be settled in Class A shares under the plan’s terms.
When will the DraftKings (DKNG) Deferred Stock Units granted to the director be paid?
The 10,588 DSUs granted to Steven Joseph Murray become payable as provided in the DraftKings Director Stock Deferral Plan. The filing states that payment timing follows the plan’s terms, rather than specifying a fixed date in this disclosure.
Was the DraftKings (DKNG) director’s DSU grant made under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not affirmed as pursuant to a Rule 10b5-1 plan. The document-level 10b5-1 checkbox is marked false, so this equity deferral grant is not reported as part of a pre-arranged trading plan.