Harry Sloan of DraftKings (DKNG) defers pay into 10,588 stock units
Rhea-AI Filing Summary
SLOAN HARRY reported acquisition or exercise transactions in this Form 4 filing.
DraftKings Inc. director Harry Sloan elected to defer compensation and receive his annual equity retainer as deferred stock units. On 2026-08-04 he was credited with 10,588 Deferred Stock Units under the DraftKings Director Stock Deferral Plan. Each DSU represents a contingent right to receive one share of Class A Common Stock, leaving him with 10,588 DSUs outstanding after this award.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLOAN HARRY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 10,588 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 10,588 shares (Direct)
Footnotes (2)
- F1. The Reporting Person has elected to defer compensation in the form of deferred stock units ("DSUs") under the DraftKings Director Stock Deferral Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 10,588 DSUs, in lieu of an annual equity retainer, deferred by the reporting person under the Plan. The DSUs become payable upon the terms set forth in the Plan.
- F2. Each DSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Key Figures
Deferred Stock Units granted: 10588.0000 units
Underlying Class A Common Stock: 10588.0000 shares
Transaction price per DSU: $0.0000 per DSU
+1 more
4 metrics
Deferred Stock Units granted
10588.0000 units
DSUs credited on 2026-08-04 in lieu of an annual equity retainer
Underlying Class A Common Stock
10588.0000 shares
Each DSU represents a contingent right to receive one share of Class A Common Stock
Transaction price per DSU
$0.0000 per DSU
Grant or award acquisition of DSUs as deferred compensation
Total DSUs after award
10588.0000 units
Director’s DSU balance following the reported transaction
Key Terms
Deferred Stock Units, DraftKings Director Stock Deferral Plan, contingent right
3 terms
Deferred Stock Units financial
"elected to defer compensation in the form of deferred stock units ("DSUs")"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DraftKings Director Stock Deferral Plan financial
"under the DraftKings Director Stock Deferral Plan (the "Plan")"
contingent right financial
"Each DSU represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DraftKings (DKNG) director Harry Sloan report?
Harry Sloan reported an award of 10,588 Deferred Stock Units from DraftKings. The DSUs were credited on 2026-08-04 as deferred compensation under the DraftKings Director Stock Deferral Plan, in lieu of his annual equity retainer.
How many DraftKings (DKNG) deferred stock units did Harry Sloan receive?
Harry Sloan was credited with 10,588 Deferred Stock Units (DSUs). According to the disclosure, these DSUs were granted on 2026-08-04 as an annual equity retainer, deferred under the DraftKings Director Stock Deferral Plan rather than taken in another form.
What does each DraftKings (DKNG) deferred stock unit represent for Harry Sloan?
Each DSU represents a contingent right to receive one share of DraftKings Class A Common Stock. This means Sloan’s 10,588 DSUs correspond to 10,588 potential Class A shares, deliverable pursuant to the terms established in the company’s Director Stock Deferral Plan.
Why did Harry Sloan receive DraftKings (DKNG) DSUs instead of regular stock or cash?
Sloan elected to defer compensation into DSUs under the DraftKings Director Stock Deferral Plan. The filing states he was credited with 10,588 DSUs in lieu of an annual equity retainer, effectively converting that retainer into deferred equity-based compensation.
When will Harry Sloan’s DraftKings (DKNG) deferred stock units be paid out?
The DSUs become payable upon the terms set forth in the Plan. The disclosure notes that timing and conditions for settlement are governed by the DraftKings Director Stock Deferral Plan, which specifies when the underlying Class A shares are ultimately delivered.