DraftKings (NASDAQ: DKNG) accounting chief sells 7,268 shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 7,268 shares ($163,530)
Net Sell
1 txn
Insider
Bradbury Erik
Role
Chief Accounting Officer
Sold
7,268 shs ($164K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,268 | $22.50 | $164K |
Holdings After Transaction:
Class A Common Stock — 36,736 shares (Direct)
Footnotes (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. 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.
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.
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.