Jason Robins’ DraftKings (DKNG) RSUs vest with tax-share withholdings
Rhea-AI Filing Summary
DraftKings Inc. officer and director Jason Robins reported multiple restricted stock unit (RSU) vestings and related share movements. On
According to the footnotes, no shares were transferred or sold upon vesting other than shares delivered back to DraftKings to cover withholding taxes. To satisfy these tax obligations, 18,132, 7,932 and 6,774 Class A shares were disposed of to the issuer at
After these transactions, Robins directly owned 3,608,739 shares of DraftKings Class A common stock and indirectly held 90 additional shares through the Jason Robins Revocable Trust dated January 8, 2014.
Positive
- None.
Negative
- None.