DraftKings (NASDAQ: DKNG) director sells 10,759 shares in plan trade
Rhea-AI Filing Summary
DraftKings Inc. (DKNG) director Jocelyn Moore reported a sale of 10,759 shares of Class A Common Stock on August 19, 2026 at $24.05 per share, executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 20, 2026. After this sale and an internal transfer of 5,672 shares from The Mustard Seed Living Trust to her direct ownership with no purchase or sale, she holds 1,881 shares directly and 19,106 shares indirectly through the trust.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 10,759 shares
Net Sell
2 txns
Insider
Moore Jocelyn
Role
Director
Sold
10,759 shs ($259K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 10,759 | $24.05 | $259K |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,881 shares (Direct);
Class A Common Stock — 19,106 shares (Indirect, The Mustard Seed Living Trust)
Footnotes (2)
- F1. The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on May 20, 2026 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2. Reflects the transfer of 5,672 shares of the Issuer's Class A Common Stock previously reported as indirectly held by The Mustard Seed Living Trust, a revocable living trust of which the Reporting Person is the sole lifetime beneficiary and sole trustee, to the Reporting Person directly. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.
Key Figures
Shares sold: 10,759 shares of Class A Common Stock
Sale price per share: $24.05 per share
Direct holdings after transaction: 1,881 shares
+3 more
6 metrics
Shares sold
10,759 shares of Class A Common Stock
Sale on August 19, 2026 by director Jocelyn Moore
Sale price per share
$24.05 per share
Price for the 10,759 shares sold on August 19, 2026
Direct holdings after transaction
1,881 shares
Direct DraftKings Class A shares held by Jocelyn Moore following the sale and transfer
Indirect holdings after transaction
19,106 shares
Indirect holdings through The Mustard Seed Living Trust after the reported events
Shares transferred from trust
5,672 shares
Transfer from The Mustard Seed Living Trust to Jocelyn Moore directly, with no purchase or sale
Rule 10b5-1 plan adoption date
May 20, 2026
Adoption date of pre-arranged program for selling shares referenced in the sale footnote
Key Terms
Rule 10b5-1, pre-arranged program, revocable living trust, sole lifetime beneficiary
4 terms
Rule 10b5-1 regulatory
"adopted on May 20, 2026 pursuant to Rule 10b5-1 under the Securities Exchange"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
pre-arranged program financial
"The reported sale was made pursuant to a pre-arranged program for selling shares"
revocable living trust financial
"previously reported as indirectly held by The Mustard Seed Living Trust, a revocable living trust"
sole lifetime beneficiary financial
"of which the Reporting Person is the sole lifetime beneficiary and sole trustee"
FAQ
What insider transaction did DraftKings (DKNG) director Jocelyn Moore report?
Jocelyn Moore reported a sale of 10,759 shares of DraftKings Class A Common Stock on August 19, 2026 at $24.05 per share. The sale was described as a Rule 10b5-1 pre-arranged transaction under the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.