STOCK TITAN

DraftKings (NASDAQ: DKNG) accounting chief sells 7,268 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DraftKings Inc. Chief Accounting Officer Erik Bradbury reported an open-market sale of Class A Common Stock. On February 19, 2026, he sold 7,268 shares at a weighted average price of $22.50 per share under a pre-arranged Rule 10b5-1 trading plan adopted on November 10, 2025. The shares were sold in multiple transactions at prices ranging from $22.32 to $22.97. After this sale, Bradbury directly owns 36,736 Class A shares of DraftKings.

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).
X
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*
Bradbury Erik

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 S(1) 7,268 D $22.5(2) 36,736 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
Explanation of Responses:
1. The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on November 10, 2025 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.32 to $22.97, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.
Remarks:
/s/ Faisal Hasan, attorney-in-fact 02/20/2026
** 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 Erik Bradbury?

DraftKings reported that Chief Accounting Officer Erik Bradbury sold 7,268 shares of Class A Common Stock. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan on February 19, 2026, at a weighted average price of $22.50 per share.

Was the DraftKings (DKNG) insider sale by Erik Bradbury pre-planned?

Yes, the sale was pre-planned under a Rule 10b5-1 trading program. The plan for selling Class A Common Stock was adopted on November 10, 2025, allowing trades to occur automatically according to preset instructions, regardless of subsequent nonpublic information.

At what prices were Erik Bradbury’s DraftKings (DKNG) shares sold?

The reported weighted average sale price was $22.50 per share. Individual trades occurred in multiple transactions at prices ranging from $22.32 to $22.97, inclusive, with full trade-by-trade details available from the company or the SEC staff upon request.

How many DraftKings (DKNG) shares did Erik Bradbury retain after the sale?

After completing the reported transaction, Erik Bradbury directly held 36,736 shares of DraftKings Class A Common Stock. This figure reflects his remaining direct ownership position immediately following the 7,268-share open-market sale disclosed in the Form 4 filing.

What type of security did Erik Bradbury trade in this DraftKings (DKNG) filing?

The transaction involved DraftKings Class A Common Stock, categorized as a non-derivative security. Bradbury’s Form 4 shows a straightforward open-market sale of 7,268 Class A shares, rather than options, warrants, or other derivative instruments linked to the company’s equity.

How many DraftKings (DKNG) insider sales were reported in this Form 4?

This Form 4 reports a single insider sale transaction. The filing’s summary shows one sell transaction totaling 7,268 shares, with no reported purchases, grants, or other acquisitions, resulting in a net-sell direction for Bradbury’s reported activity on the transaction date.
Draftkings Inc

NASDAQ:DKNG

DKNG Rankings

DKNG Latest News

DKNG Latest SEC Filings

DKNG Stock Data

11.09B
483.68M
Gambling
Services-miscellaneous Amusement & Recreation
Link
United States
BOSTON