STOCK TITAN

DraftKings (DKNG) awards 10,588 restricted stock units to director Matthew Kalish

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  2. F2. Represents annual equity grant.
  3. 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.
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
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.

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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.

How many DraftKings (DKNG) shares are covered by Matthew Kalish’s new RSU grant?

The new award covers 10,588 restricted stock units, each representing a contingent right to receive one share of DraftKings Class A Common Stock if and when the RSUs vest in full.

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.
SEC Form 4
FORM 4UNITED 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*
Kalish Matthew

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)08/04/2026A10,588(2) (3) (3)Class A Common Stock10,588$010,588D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. Represents annual equity grant.
3. 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.
Remarks:
/s/ Faisal Hasan, attorney-in-fact08/06/2026
** Signature of Reporting PersonDate
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)