DraftKings (DKNG) awards 10,588 restricted stock units to director Matthew Kalish
Rhea-AI Filing Summary
Kalish Matthew reported acquisition or exercise transactions in this Form 4 filing.
DraftKings Inc. director Matthew Kalish received a grant of 10,588 restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. The award represents an annual equity grant and will vest in full on the earlier of the 2027 annual shareholders meeting and the first anniversary of the August 4, 2026 grant date. Following this grant, Kalish holds 10,588 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kalish Matthew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 10,588 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 10,588 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents annual equity grant.
- F3. The RSUs were granted on August 4, 2026 and shall vest in full on the earlier of the Issuer's annual meeting of shareholders in 2027 and the first anniversary of the grant date.
Key Figures
RSUs granted: 10588.0000 RSUs
Underlying shares: 10588.0000 shares
Post-grant RSU holdings: 10588.0000 RSUs
3 metrics
RSUs granted
10588.0000 RSUs
Annual equity grant to director Matthew Kalish on August 4, 2026
Underlying shares
10588.0000 shares
Each RSU represents one share of Class A Common Stock
Post-grant RSU holdings
10588.0000 RSUs
Total restricted stock units held directly after the transaction
Key Terms
Restricted Stock Units, annual equity grant, vest in full, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
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.
annual equity grant financial
"Represents annual equity grant."
vest in full financial
"RSUs were granted ... and shall vest in full on the earlier"
contingent right financial
"represents a contingent right to receive one share of the Issuer's"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DraftKings (DKNG) report for Matthew Kalish?
DraftKings reported that director Matthew Kalish received an annual equity grant of 10,588 RSUs on August 4, 2026, each convertible into one share of Class A Common Stock upon vesting.
When do Matthew Kalish’s DraftKings (DKNG) RSUs vest?
The RSUs granted to Matthew Kalish on August 4, 2026 will vest in full on the earlier of DraftKings’ annual meeting of shareholders in 2027 and the first anniversary of the grant date.
Is Matthew Kalish’s DraftKings (DKNG) RSU award a routine compensation grant?
Yes. The footnotes state that the award “represents annual equity grant”, indicating it is part of DraftKings’ regular director compensation rather than an open-market purchase or sale.
What is Matthew Kalish’s reported DraftKings (DKNG) RSU holding after this Form 4?
After the reported transaction, Matthew Kalish directly holds 10,588 restricted stock units tied to DraftKings Class A Common Stock, according to the post-transaction holdings figure in the Form 4 data.