DraftKings (DKNG) director Harry Sloan buys 100,000 shares in open market

Rhea-AI Filing Summary

DraftKings Inc. director Harry Sloan bought 100,000 shares of Class A Common Stock in an open-market purchase. The average price was $21.85 per share, based on multiple trades between $21.76 and $22.00. After this transaction, he directly owns 350,219 DraftKings shares.

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

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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^*

SLOAN HARRY

(Last) (First) (Middle)

C/O DRAFTKINGS INC.

222 BERKELEY STREET, 5TH FLOOR

(Street)

BOSTON MA 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)
02/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/17/2026		P		100,000	A	$21.85(1)	350,219	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.76 to $22.00, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 1 to this Form 4.

Remarks:

	/s/ Faisal Hasan, attorney-in-fact	02/18/2026
	** 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.

FAQ

What did DraftKings (DKNG) director Harry Sloan report in this Form 4?

Harry Sloan reported buying 100,000 DraftKings Class A shares in an open-market transaction. The purchase increased his direct ownership to 350,219 shares, showing a larger personal stake in the company following these transactions at prices between $21.76 and $22.00 per share.

How many DraftKings (DKNG) shares did Harry Sloan buy and at what price?

Harry Sloan purchased 100,000 shares of DraftKings Class A Common Stock. The weighted average purchase price was $21.85 per share, with individual trades executed in a range from $21.76 to $22.00, according to the transaction footnote in the Form 4 filing.

What is Harry Sloan’s total DraftKings (DKNG) share ownership after this transaction?

After the reported transaction, Harry Sloan directly owns 350,219 DraftKings Class A shares. This total reflects his holdings following the open-market purchase of 100,000 shares disclosed in the Form 4, consolidating his position as a director with a meaningful equity stake.

Was the DraftKings (DKNG) insider transaction an open-market purchase or another type?

The transaction was an open-market purchase of DraftKings Class A Common Stock. The Form 4 identifies the code as “P,” meaning a purchase, and specifies that the trade was an open-market or private transaction at prices between $21.76 and $22.00 per share.

How many total DraftKings (DKNG) shares were involved in Harry Sloan’s latest Form 4?

The latest Form 4 shows 100,000 DraftKings Class A shares were bought. These shares were acquired across multiple trades within a narrow price band, and the weighted average price of $21.85 per share is reported in the filing’s transaction details and explanatory footnote.