DraftKings CFO's 4,310 stock units vest into shares

The RSUs were granted on May 1, 2024, and vest quarterly over four years.

Available on EDGAR 11/03/2026 - 04:38 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:37 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

DraftKings Inc. Chief Financial Officer Alan Wayne Ellingson had 4,310 restricted stock units vest into Class A Common Stock on November 1, 2026. The issuer withheld 2,084 shares to satisfy withholding taxes, and Ellingson received the net shares. The transaction table reports 25,861 RSUs following the vesting. The footnote says no other Class A shares were transferred or sold upon vesting.

Insider Trade Summary

4,310 shares exercised/converted

Exercise 3 txns

Insider Ellingson Alan Wayne

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	4,310	$0.00	$0.00
Exercise	Class A Common Stock F1	4,310	--	--
Exercise Price or Tax Liability	Class A Common Stock	2,084	$20.91	$44K

Holdings After Transaction: Restricted Stock Units — 25,861 contracts (Direct); Class A Common Stock — 195,784 shares (Direct)

Holdings Before and After: Restricted Stock Units, 30,171 to 25,861 contracts (Direct); Class A Common Stock, 193,558 to 195,784 shares (Direct)

Footnotes (2)

1. F1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,310 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,084 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. F2. On May 1, 2024, the Reporting Person was granted 68,963 RSUs vesting quarterly over four (4) years from May 1, 2024.

Key Figures

RSUs vested: 4,310 RSUs Class A shares withheld: 2,084 shares Reported per-share price: $20.91 per share +3 more

6 metrics

RSUs vested 4,310 RSUs November 1, 2026

Class A shares withheld 2,084 shares Withheld by the issuer to satisfy withholding taxes on November 1, 2026

Reported per-share price $20.91 per share Withholding transaction reported for November 1, 2026

RSUs following transaction 25,861 RSUs Following the November 1, 2026 transaction

RSUs granted 68,963 RSUs Granted May 1, 2024

Vesting period 4 years RSUs vest quarterly from May 1, 2024

Key Terms

Restricted Stock Units, withholding taxes, contingent right

3 terms

Restricted Stock Units financial

"restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

withholding taxes financial

"withheld by the Issuer to satisfy withholding taxes"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

contingent right technical

"Each RSU represents a contingent right to receive one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DraftKings shares did CFO Alan Wayne Ellingson receive when his RSUs vested?

Ellingson received the net shares from 4,310 RSUs vesting on November 1, 2026, after the issuer withheld 2,084 shares to satisfy withholding taxes.

Did DraftKings CFO Alan Wayne Ellingson sell shares in this RSU transaction?

The footnote says no Class A shares were transferred or sold upon vesting other than the 2,084 shares withheld by the issuer to satisfy withholding taxes.

When were Alan Wayne Ellingson's DraftKings RSUs granted and how do they vest?

The 68,963 RSUs were granted on May 1, 2024, and vest quarterly over four years.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Ellingson Alan Wayne

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/01/2026		M		4,310	A	(1)	197,868	D
Class A Common Stock	11/01/2026		F		2,084	D	$20.91	195,784	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)	11/01/2026		M			4,310	(2)	(2)	Class A Common Stock	4,310	$0	25,861	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") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,310 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,084 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. On May 1, 2024, the Reporting Person was granted 68,963 RSUs vesting quarterly over four (4) years from May 1, 2024.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	11/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)