DraftKings (DKNG) director Valerie Mosley acquires 5,562 shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DraftKings Inc. director Valerie Mosley increased her direct ownership through RSU vesting. On May 12, 2026, 5,562 Restricted Stock Units converted into 5,562 shares of Class A Common Stock. Footnotes state no shares were transferred or sold upon vesting, and each RSU represented one share. Following the transaction, Mosley directly holds 50,817 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,562 shares exercised/converted
Mixed
2 txns
Insider
Mosley Valerie
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 — 50,817 shares (Direct, null)
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. The RSUs were granted on August 5, 2025 and became fully vested on May 12, 2026.
Key Figures
RSUs vested and converted: 5,562 units/shares
Shares held after transaction: 50,817 shares
Exercise/conversion price: $0.0000 per unit
+2 more
5 metrics
RSUs vested and converted
5,562 units/shares
Restricted Stock Units converting into Class A Common Stock on May 12, 2026
Shares held after transaction
50,817 shares
Class A Common Stock directly owned by Valerie Mosley after May 12, 2026
Exercise/conversion price
$0.0000 per unit
RSU conversion price for 5,562 Restricted Stock Units
Transaction code
M
Exercise or conversion of derivative security reported on Form 4
Derivative positions remaining
0 RSUs
Total Restricted Stock Units following the reported vesting event
Key Terms
Restricted Stock Units, contingent right, Class A Common Stock, derivative security
4 terms
Restricted Stock Units financial
"No shares of Class A Common Stock were transferred or sold upon the vesting of the 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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did DraftKings (DKNG) director Valerie Mosley report?
Valerie Mosley reported the vesting and conversion of 5,562 Restricted Stock Units into 5,562 shares of DraftKings Class A Common Stock. This was an equity compensation event, not an open-market trade or sale of existing shares.
What do the DraftKings (DKNG) Restricted Stock Units granted to Valerie Mosley represent?
Each Restricted Stock Unit represents a contingent right to receive one share of DraftKings Class A Common Stock. When the RSUs vest, they convert into actual shares, as occurred with the 5,562 units reported in this filing.
When did Valerie Mosley’s DraftKings (DKNG) RSUs vest according to the Form 4?
The Restricted Stock Units were granted on August 5, 2025 and became fully vested on May 12, 2026. On that vesting date, 5,562 RSUs converted into 5,562 shares of DraftKings Class A Common Stock for Valerie Mosley.