How is The Mustard Seed Living Trust related to DraftKings (DKNG) director Jocelyn Moore’s holdings?

The Mustard Seed Living Trust holds 25,648 DraftKings Class A shares as indirect ownership for Jocelyn Moore. The Form 4 identifies these shares as indirectly beneficially owned, separate from her 2,686 directly held shares reported after the February 10, 2026 transactions.

DraftKings director awarded 622 RSUs and stock

DraftKings Inc. director Jocelyn Moore received a grant of 622 restricted stock units (RSUs) on February 10, 2026, issued in lieu of a quarterly cash retainer.

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Rhea-AI Filing Summary

DraftKings Inc. director Jocelyn Moore received a grant of 622 restricted stock units (RSUs) on February 10, 2026, issued in lieu of a quarterly cash retainer. Each RSU represents one share of Class A common stock and the RSUs became fully vested on that date.

On the same day, the 622 RSUs were converted into 622 shares of Class A common stock at $0 per share, with no shares transferred or sold upon vesting. After these transactions, Moore directly beneficially owned 2,686 shares of Class A common stock and indirectly beneficially owned 25,648 shares through The Mustard Seed Living Trust.

Insider Trade Summary

622 shares exercised/converted

Exercise 4 txns

Insider Moore Jocelyn

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	622	$0.00	$0.00
Exercise	Restricted Stock Units	622	$0.00	$0.00
Exercise	Class A Common Stock	622	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Class A Common Stock — 2,686 shares (Direct); Class A Common Stock — 25,648 shares (Indirect, The Mustard Seed Living Trust)

Footnotes (4)

F1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F4. The RSUs were granted and became fully vested on February 10, 2026.

FAQ

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

Jocelyn Moore reported receiving 622 restricted stock units (RSUs) on February 10, 2026. These RSUs were granted in lieu of a quarterly cash retainer and immediately vested, then converted into 622 shares of DraftKings Class A common stock at $0 per share.

Were any DraftKings (DKNG) shares sold in Jocelyn Moore’s February 2026 Form 4?

No DraftKings Class A shares were transferred or sold when the RSUs vested. The filing states that 622 RSUs vested and converted into 622 shares at $0 per share, with the award functioning as non-cash compensation rather than a sale into the market.

How many DraftKings (DKNG) shares does Jocelyn Moore own after this transaction?

After the reported transactions, Jocelyn Moore directly owned 2,686 Class A shares. She also indirectly owned 25,648 additional Class A shares through The Mustard Seed Living Trust, giving her a mix of direct and trust-held beneficial ownership in DraftKings stock.

What are the key terms of the 622 DraftKings (DKNG) RSUs granted to Jocelyn Moore?

The 622 RSUs were granted and became fully vested on February 10, 2026. Each RSU represents a contingent right to receive one share of DraftKings Class A common stock and was issued instead of a quarterly cash retainer, with conversion occurring at $0 per share.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/12/2026 - 08:18 PM EST

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

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^*

Moore Jocelyn

(Last)

(First)

(Middle)

C/O DRAFTKINGS INC.

222 BERKELEY STREET, 5TH FLOOR

(Street)

BOSTON

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)
02/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/10/2026		M		622	A	⁽¹⁾	2,686	D
Class A Common Stock								25,648	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾⁽²⁾	02/10/2026		A		622⁽³⁾		⁽⁴⁾	⁽⁴⁾	Class A Common Stock	622	$0	622	D
Restricted Stock Units	⁽¹⁾⁽²⁾	02/10/2026		M			622⁽³⁾	⁽⁴⁾	⁽⁴⁾	Class A Common Stock	622	$0	0	D

Explanation of Responses:

1. No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").

2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

3. Represents RSU grant that is being issued in lieu of a quarterly cash retainer.

4. The RSUs were granted and became fully vested on February 10, 2026.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	02/12/2026
	** 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.
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.

Source: View Original Filing on SEC EDGAR