DraftKings insider awarded 603 RSUs; no shares sold on vesting

Rhea-AI Filing Summary

DraftKings Inc. (DKNG) reported routine insider equity activity by a director. The reporting person received 603 restricted stock units (RSUs) that were granted and became fully vested on November 6, 2025, issued in lieu of a quarterly cash retainer. Each RSU represents one share of Class A Common Stock. Upon vesting, 603 shares of Class A Common Stock were acquired at $0, and no shares were transferred or sold. After these transactions, the reporting person beneficially owned 2,064 shares directly and 25,648 shares indirectly through The Mustard Seed Living Trust.

Insights

Insider activity analyst

Routine director RSU grant and vesting; minimal market impact.

DraftKings disclosed a director’s equity compensation where 603 RSUs were granted and fully vested on November 6, 2025, issued in lieu of a quarterly cash retainer. Each RSU equals one share, resulting in the acquisition of 603 Class A shares at $0.

The filing states no shares were transferred or sold upon vesting, indicating no sale-related market activity from this event. Post-transaction holdings are 2,064 shares direct and 25,648 shares indirect via The Mustard Seed Living Trust.

This is standard non-cash director compensation and typically not thesis-changing. Any trading activity would depend on future decisions not covered here.

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).

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^*

Moore Jocelyn

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2025

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	11/06/2025		M		603	A	(1)	2,064	D
Class A Common Stock								25,648	I	The Mustard Seed Living Trust

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
Restricted Stock Units	(1)(2)	11/06/2025		A		603(3)		(4)	(4)	Class A Common Stock	603	$0	603	D
Restricted Stock Units	(1)(2)	11/06/2025		M			603(3)	(4)	(4)	Class A Common Stock	603	$0	0	D

Explanation of Responses:

1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").

2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

3. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.

4. The RSUs were granted and became fully vested on November 6, 2025.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	11/07/2025
	** 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 did DraftKings (DKNG) disclose in this Form 4?

A director received 603 RSUs that were granted and fully vested on November 6, 2025, issued in lieu of a quarterly cash retainer.

How many RSUs were granted to the DraftKings (DKNG) director and when did they vest?

The director received 603 RSUs, which were granted and became fully vested on November 6, 2025.

Were any DraftKings (DKNG) shares sold upon RSU vesting?

No. The filing states no shares of Class A Common Stock were transferred or sold upon vesting.

What is the director’s ownership in DraftKings (DKNG) after the transaction?

The director beneficially owned 2,064 shares directly and 25,648 shares indirectly through The Mustard Seed Living Trust.

What does each RSU represent in the DraftKings (DKNG) filing?

Each RSU represents a contingent right to receive one share of DraftKings’ Class A Common Stock.

Why were the RSUs granted to the DraftKings (DKNG) director?

They were granted in lieu of a quarterly cash retainer as part of director compensation.