DraftKings director receives 553 RSUs in stock grant
DraftKings Inc. director Valerie Mosley reported an equity grant and related share issuance.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 553 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 553 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 553 | $0.00 | $0.00 |
Footnotes (4)
- F1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
- F4. The RSUs were granted and became fully vested on February 10, 2026.
FAQ
What insider transaction did DraftKings (DKNG) report for Valerie Mosley?
What does the 553 RSU grant to DraftKings director Valerie Mosley represent?
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Why did DraftKings grant Valerie Mosley 553 restricted stock units?
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