DraftKings (NASDAQ: DKNG) director sells 2,150 shares under 10b5-1 plan

Rhea-AI Filing Summary

DraftKings Inc. director Jocelyn Moore reported an open-market sale of 2,150 shares of Class A Common Stock at $25.60 per share on March 13, 2026, executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025.

Following the sale, she holds 1,406 shares directly and 24,778 shares indirectly through The Mustard Seed Living Trust. The filing also notes a transfer of 870 shares from the trust to her direct ownership with no purchase or sale involved.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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 Jocelyn

(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)
03/13/2026

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	03/13/2026		S(1)		2,150	D	$25.6	1,406(2)	D
Class A Common Stock								24,778(2)	I	The Mustard Seed Living Trust

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

Explanation of Responses:

1. The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 12, 2025 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.

2. Reflects the transfer of 870 shares of the Issuer's Class A Common Stock previously reported as indirectly held by The Mustard Seed Living Trust, a revocable living trust of which the Reporting Person is the sole lifetime beneficiary and sole trustee, to the Reporting Person directly. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	03/16/2026
	** 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.
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FAQ

What insider transaction did DraftKings (DKNG) director Jocelyn Moore report?

DraftKings director Jocelyn Moore reported selling 2,150 shares of Class A Common Stock. The shares were sold in an open-market transaction at $25.60 per share, as part of a pre-arranged Rule 10b5-1 trading program adopted on December 12, 2025.

How many DraftKings (DKNG) shares does Jocelyn Moore hold after this Form 4?

After the reported sale, Jocelyn Moore holds 1,406 DraftKings Class A shares directly. She also has indirect ownership of 24,778 shares through The Mustard Seed Living Trust, giving her a combined reported position of 26,184 shares according to this Form 4 filing.

Was Jocelyn Moore’s DraftKings (DKNG) stock sale under a 10b5-1 plan?

Yes. The filing states the 2,150-share sale was executed under a pre-arranged Rule 10b5-1 trading plan. This plan was adopted on December 12, 2025, indicating the transaction timing was scheduled in advance rather than decided spontaneously.

What is The Mustard Seed Living Trust in Jocelyn Moore’s DraftKings (DKNG) filing?

The Mustard Seed Living Trust is a revocable living trust associated with Jocelyn Moore. The Form 4 reports 24,778 DraftKings Class A shares held indirectly through this trust, with Moore as sole lifetime beneficiary and sole trustee, reflecting significant indirect ownership.

Did Jocelyn Moore buy or sell shares when 870 DraftKings (DKNG) shares moved from her trust?

No. The filing explains that 870 shares were transferred from The Mustard Seed Living Trust to Jocelyn Moore’s direct ownership. It specifically notes there was no purchase or sale of DraftKings Class A Common Stock in connection with this transfer.

How large is Jocelyn Moore’s reported DraftKings (DKNG) sale compared to her holdings?

She sold 2,150 DraftKings Class A shares while reporting post-transaction holdings of 1,406 shares directly and 24,778 indirectly. This indicates the sale represents a relatively small portion of her combined reported position in the company’s stock.