DraftKings Inc. (NASDAQ: DKNG) grants 10,588 RSUs to board member
Rhea-AI Filing Summary
Moore Ryan R reported acquisition or exercise transactions in this Form 4 filing.
DraftKings Inc. director Ryan R. Moore 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 is described as an annual equity grant and will vest in full on the earlier of the company’s 2027 annual shareholder meeting and the first anniversary of the August 4, 2026 grant date. Following this grant, Moore directly holds 10,588 RSUs.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Ryan R
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: 10,588 units
Underlying Class A shares: 10,588 shares
Transaction price per RSU: $0.0000
3 metrics
RSUs granted
10,588 units
Restricted Stock Units granted to director on August 4, 2026
Underlying Class A shares
10,588 shares
Each RSU represents a contingent right to one share of Class A Common Stock
Transaction price per RSU
$0.0000
Reported per-unit price for the RSU grant as equity compensation
Key Terms
Restricted Stock Units, Class A Common Stock, annual equity grant, vest in full
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Class A Common Stock financial
"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.
annual equity grant financial
"Represents annual equity grant."
vest in full financial
"RSUs ... shall vest in full on the earlier of the Issuer's annual meeting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did DraftKings (DKNG) grant to director Ryan R. Moore?
DraftKings granted Ryan R. Moore 10,588 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of DraftKings Class A common stock, functioning as equity-based compensation for his role as a director.
When were the 10,588 RSUs granted to DraftKings (DKNG) director Ryan R. Moore?
The 10,588 RSUs were granted to Ryan R. Moore on August 4, 2026. This date starts the vesting period for the award, which is tied to the company’s 2027 annual shareholder meeting or the first anniversary of the grant.
What are the vesting terms of Ryan R. Moore’s 10,588 DraftKings (DKNG) RSUs?
The 10,588 RSUs will vest in full on the earlier of DraftKings’ annual meeting of shareholders in 2027 and the first anniversary of the August 4, 2026 grant date, creating a single cliff-vesting event rather than multiple installments.
How many DraftKings (DKNG) RSUs does Ryan R. Moore hold after this grant?
After this transaction, Ryan R. Moore directly holds 10,588 Restricted Stock Units. The reported holding matches the size of the new annual equity grant, indicating all currently reported RSUs stem from this August 4, 2026 award.
What underlying security do Ryan R. Moore’s DraftKings (DKNG) RSUs convert into?
Each of Ryan R. Moore’s 10,588 RSUs is linked to DraftKings’ Class A Common Stock. Upon vesting and settlement, each RSU represents a contingent right to receive one share of this underlying Class A common stock.