DraftKings (NASDAQ: DKNG) director converts 5,562 RSUs into Class A shares

Rhea-AI Filing Summary

DraftKings Inc. director Ryan R. Moore exercised restricted stock units into Class A Common Stock. On May 12, 2026, 5,562 RSUs converted into 5,562 shares of Class A Common Stock, with no shares transferred or sold. Following the transaction, Moore directly holds 7,279 Class A shares. The RSUs were originally granted on August 5, 2025 and became fully vested on May 12, 2026.

Insider Trade Summary

5,562 shares exercised/converted

Mixed 2 txns

Insider Moore Ryan R

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	5,562	$0.00	--
Exercise	Class A Common Stock	5,562	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 7,279 shares (Direct, null)

Footnotes (1)

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. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026.

Key Figures

RSUs exercised: 5,562 units Shares received: 5,562 shares Post-transaction holdings: 7,279 shares +5 more

8 metrics

RSUs exercised 5,562 units RSUs converting into Class A Common Stock on May 12, 2026

Shares received 5,562 shares Class A Common Stock from RSU conversion

Post-transaction holdings 7,279 shares Class A Common Stock held directly after May 12, 2026

Exercise price $0.00 per share RSU conversion price to Class A Common Stock

Exercise transactions 1 transaction Derivative exercise count in transaction summary

Exercise shares total 5,562 shares ExerciseShares in transaction summary

RSU grant date August 5, 2025 Grant date of RSUs that later vested

RSU vesting date May 12, 2026 Date RSUs became fully vested and converted

Key Terms

Restricted Stock Units, Class A Common Stock, contingent right, vested

4 terms

Restricted Stock Units financial

"The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026."

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.

Class A Common Stock financial

"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

contingent right financial

"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."

vested financial

"The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026."

Form 4 Insider Transactions: What Each Field Means →

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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	05/12/2026		M		5,562	A	(1)	7,279	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)	05/12/2026		M			5,562	(3)	(3)	Class A Common Stock	5,562	$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. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026.

Remarks:

	/s/ Ryan R. Moore	05/14/2026
	** 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)

FAQ

What insider transaction did DraftKings (DKNG) report for Ryan R. Moore?

DraftKings reported that director Ryan R. Moore exercised 5,562 restricted stock units into 5,562 shares of Class A Common Stock. This was a derivative exercise, not an open-market purchase or sale, and reflects equity compensation converting into regular shares.

Were any DraftKings (DKNG) shares sold in Ryan R. Moore’s latest Form 4?

No shares were sold in this transaction. The filing states that no shares of Class A Common Stock were transferred or sold upon vesting of the 5,562 restricted stock units, indicating a non-market exercise of equity compensation rather than a discretionary share sale.

How many DraftKings (DKNG) shares does Ryan R. Moore hold after this Form 4?

After the RSU conversion, Ryan R. Moore directly holds 7,279 shares of DraftKings Class A Common Stock. This reflects his position immediately following the May 12, 2026 exercise of 5,562 restricted stock units disclosed in the Form 4 filing.

What are the terms of the DraftKings (DKNG) RSUs exercised by Ryan R. Moore?

Each RSU represented a contingent right to receive one share of DraftKings Class A Common Stock. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026, when they converted into 5,562 Class A shares at no exercise price.

Is Ryan R. Moore’s DraftKings (DKNG) Form 4 a buy or a routine vesting event?

The Form 4 reflects a routine vesting and exercise of restricted stock units, not an open-market share purchase. Transaction code M indicates an exercise or conversion of a derivative security, with 5,562 RSUs converting into the same number of Class A shares at zero cost.