DraftKings (DKNG) director granted 553 RSUs and 553 shares issued

Rhea-AI Filing Summary

DraftKings Inc. director Valerie Mosley reported an equity grant and related share issuance. On February 10, 2026, she received 553 restricted stock units (RSUs) issued in lieu of a quarterly cash retainer. Each RSU represents a contingent right to receive one share of DraftKings Class A Common Stock and the RSUs became fully vested on the grant date.

The 553 RSUs were then converted into 553 shares of Class A Common Stock at a price of $0 per share, with no shares transferred or sold upon vesting. Following these transactions, Mosley directly beneficially owned 45,255 shares of DraftKings Class A Common Stock.

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

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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^*

Mosley Valerie

(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)
02/10/2026

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	02/10/2026		M		553	A	(1)	45,255	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
Restricted Stock Units	(1)(2)	02/10/2026		A		553(3)		(4)	(4)	Class A Common Stock	553	$0	553	D
Restricted Stock Units	(1)(2)	02/10/2026		M			553(3)	(4)	(4)	Class A Common Stock	553	$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 February 10, 2026.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	02/12/2026
	** 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 Valerie Mosley?

DraftKings reported that director Valerie Mosley received 553 restricted stock units, which fully vested and converted into 553 shares of Class A Common Stock, leaving her with direct beneficial ownership of 45,255 shares after the transactions.

How many DraftKings shares does Valerie Mosley own after this Form 4 filing?

After the reported transactions, Valerie Mosley directly beneficially owns 45,255 shares of DraftKings Class A Common Stock. This reflects the issuance of 553 shares upon conversion of vested restricted stock units granted as a quarterly equity retainer.

Were any DraftKings (DKNG) shares sold in Valerie Mosley’s February 2026 Form 4?

No shares were sold in this filing. The footnotes state that no Class A Common Stock was transferred or sold when the 553 restricted stock units vested and converted into 553 shares of DraftKings Class A Common Stock for director Valerie Mosley.

What does the 553 RSU grant to DraftKings director Valerie Mosley represent?

The 553 restricted stock units represent a grant issued instead of a quarterly cash retainer. Each RSU gives Valerie Mosley the right to receive one share of DraftKings Class A Common Stock, and these RSUs were granted and fully vested on February 10, 2026.

What transaction codes appear in Valerie Mosley’s DraftKings Form 4?

The Form 4 shows transaction code A for the grant or award of 553 restricted stock units and transaction code M for the exercise or conversion of those 553 RSUs into 553 shares of DraftKings Class A Common Stock at a price of $0 per share.

Why did DraftKings grant Valerie Mosley 553 restricted stock units?

The Form 4 explains that the 553 restricted stock units granted to director Valerie Mosley were issued in lieu of a quarterly cash retainer, effectively providing her director compensation in equity that fully vested on February 10, 2026.