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Form 4: DKNG director RSU grant and same-day vesting (647)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DraftKings Inc. disclosed an insider equity award on Form 4. A director received 647 restricted stock units (RSUs) that were granted and became fully vested on November 6, 2025; each RSU represents one share of Class A common stock. The grant was issued in lieu of a quarterly cash retainer.

No shares were transferred or sold upon vesting. After settlement, the director directly beneficially owns 1,049 Class A shares.

Positive

  • None.

Negative

  • None.
Insider Moore Ryan R
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 647 $0.00 $0.00
Exercise Restricted Stock Units 647 $0.00 $0.00
Exercise Class A Common Stock 647 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A Common Stock — 1,049 shares (Direct)
Footnotes (4)
  1. F1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
  2. F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  3. F3. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
  4. F4. The RSUs were granted and became fully vested on November 6, 2025.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What did DraftKings (DKNG) report in this Form 4?
A director received 647 RSUs that granted and vested on November 6, 2025, issued in lieu of a quarterly cash retainer.

How many shares does the DKNG director own after the transaction?
Following settlement, the director directly owns 1,049 Class A shares.

Were any DraftKings shares sold as part of this transaction?
No. The filing states no shares were transferred or sold upon vesting of the RSUs.

What does each RSU represent in the DKNG filing?
Each RSU represents a contingent right to receive one share of DraftKings Class A common stock.

Why were the RSUs granted to the DKNG director?
They were issued in lieu of a quarterly cash retainer for board service.

What is the ownership form of the reported DraftKings shares?
The holdings are reported as Direct (D) beneficial ownership.
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
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).
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 Ryan R
(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)
11/06/2025
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 11/06/2025 M 647 A (1) 1,049 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) 11/06/2025 A 647(3) (4) (4) Class A Common Stock 647 $0 647 D
Restricted Stock Units (1)(2) 11/06/2025 M 647(3) (4) (4) Class A Common Stock 647 $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 November 6, 2025.
Remarks:
/s/ Ryan R. Moore 11/07/2025
** 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.

Source: View Original Filing on SEC EDGAR