DraftKings (DKNG) director granted 553 RSUs and 553 shares issued
Filing Impact
Filing Sentiment
Form Type
4
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
553 shares exercised/converted
Mixed
3 txns
Insider
Mosley Valerie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 553 | $0.00 | -- |
| Exercise | Restricted Stock Units | 553 | $0.00 | -- |
| Exercise | Class A Common Stock | 553 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 553 shares (Direct);
Class A Common Stock — 45,255 shares (Direct)
Footnotes (1)
- No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents RSU grant that is being issued in lieu of a quarterly cash retainer. The RSUs were granted and became fully vested on February 10, 2026.
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.
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.