STOCK TITAN

DraftKings (NASDAQ: DKNG) director sells 10,759 shares in plan trade

(Moderate)
(Negative)
Form Type
4

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

  • None.

Negative

  • None.
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)
  1. 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.
  2. 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.
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
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.

How many DraftKings (DKNG) shares does Jocelyn Moore hold after the reported transactions?

After the reported transactions, Jocelyn Moore holds 1,881 DraftKings shares directly and 19,106 shares indirectly through The Mustard Seed Living Trust, as stated in the filing’s post-transaction ownership figures.

Was Jocelyn Moore’s DraftKings (DKNG) share sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the reported sale was made pursuant to a pre-arranged program for selling DraftKings Class A Common Stock, adopted on May 20, 2026 under Rule 10b5-1 of the Securities Exchange Act of 1934.

What price did Jocelyn Moore receive per share in the DraftKings (DKNG) sale?

Jocelyn Moore’s reported sale of DraftKings Class A Common Stock was executed at a price of $24.05 per share, according to the transaction details in the insider report.

What was the 5,672-share transfer mentioned in the DraftKings (DKNG) Form 4?

The footnote explains a transfer of 5,672 shares of DraftKings Class A Common Stock from The Mustard Seed Living Trust to Jocelyn Moore’s direct ownership, with no purchase or sale of shares involved in this transfer.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Moore Jocelyn

(Last)(First)(Middle)
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DraftKings Inc. [ DKNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/19/2026S(1)10,759D$24.051,881(2)D
Class A Common Stock19,106(2)IThe 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 May 20, 2026 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
2. 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.
Remarks:
/s/ Faisal Hasan, attorney-in-fact08/20/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)