Welcome to our dedicated page for DraftKings SEC filings (Ticker: DKNG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
DraftKings Inc. filings document the formal disclosures of a Nasdaq-listed online gaming and entertainment company with Class A common stock. Its 8-K reports furnish quarterly and annual financial results, business updates, earnings presentations and material-event disclosures tied to operating performance across Sportsbook, iGaming, lottery and related products.
DraftKings' regulatory record also covers proxy materials for annual meeting voting matters, board and committee governance, director appointments, executive compensation and shareholder rights. Other disclosures address registered securities, capital structure, stock repurchase authorization and the governance procedures applicable to a Nevada corporation operating in regulated gaming markets.
DraftKings Inc. reported an insider transaction by a director and President, Operations involving a gift and an internal trust transfer of Class A common stock. On 12/09/2025, the reporting person made a bona fide gift of 75,000 shares of Class A common stock to a charitable donor-advised fund, with no purchase or sale of shares in connection with the transfer. The filing also notes a transfer of 100,000 shares of Class A common stock from the Paul Liberman 2015 Revocable Trust to the Liberman Grantor Retained Annuity Trust of 2025, again with no purchase or sale of shares.
After these transactions, the reporting person beneficially owns 788,074 Class A shares directly, and indirectly holds 681,881 shares through the Paul Liberman 2015 Revocable Trust, 100,000 shares through the Liberman Grantor Retained Annuity Trust of 2025, 213,597 shares through the Paul Liberman 2020 Irrevocable Trust, and 200,000 shares through the Rachel Nager Liberman Irrevocable Trust - 2022.
DraftKings Inc. insider enters large prepaid variable forward sale contract. A DraftKings North America president entered into a prepaid variable forward sale on 1,391,574 shares of Class A Common Stock, receiving a cash payment of $27,106,330.79 by November 25, 2025. The contract obligates delivery of up to the same number of shares after November 17, 2028, with the final share amount tied to the stock price at maturity using a floor of $22.02 and a cap of $48.59. The insider pledged 1,391,574 shares as collateral, retaining voting rights but passing through dividend economics to the buyer during the pledge. Before this transaction, he terminated a Rule 10b5-1 trading plan that had provided for the sale of up to 1,260,000 shares.
DraftKings Inc. reported an insider stock option exercise by a director and officer. On 11/20/2025, a trust for President of Operations and director Paul Liberman exercised stock options for 89,159 shares of Class A common stock at an exercise price of $3.29 per share. The options, originally granted on 04/18/2018, are now fully vested and, following the exercise, no such options remain outstanding for that trust. The acquired shares are held indirectly through the Paul Liberman 2015 Revocable Trust, alongside additional Class A common stock positions held directly and through other Liberman-related trusts.
DraftKings (DKNG) CEO Jason Robins reported routine equity transactions. On 11/09/2025, 38,216 Class A shares were delivered upon RSU vesting (code M), and 18,478 shares were withheld to cover taxes at $30.4 (code F). Following these transactions, he directly beneficially owned 3,480,643 Class A shares, with an additional 90 Class A shares held indirectly by the Jason Robins Revocable Trust.
The RSUs were part of a 611,468-unit grant from February 9, 2022 that vests quarterly over four years. Robins is Chief Executive Officer and Chairman of the Board, and is also the sole holder of 393,013,951 shares of the company’s Class B Common Stock.
DraftKings (DKNG) insider activity: The Chief Legal Officer reported an RSU vesting on 11/09/2025. 14,155 restricted stock units converted to Class A common stock at $0 exercise price (code M), and 6,193 shares were withheld by the issuer at $30.4 to cover taxes (code F). After these transactions, direct ownership stands at 508,416 Class A shares.
The RSUs stem from a grant dated February 9, 2022 that vests quarterly over four years. Derivative holdings show 14,154 RSUs remaining following the reported activity.
DraftKings (DKNG): Form 4 insider equity event. On 11/09/2025, an officer/director reported RSU vesting and related tax withholding. The reporting person acquired 28,308 shares of Class A Common Stock upon vesting and had 13,687 shares withheld by the issuer at $30.4 to cover taxes. Direct beneficial ownership after these transactions was 767,591 shares.
Additional indirect holdings reported: 767,722 shares held by the Paul Liberman 2015 Revocable Trust, 213,597 by the Paul Liberman 2020 Irrevocable Trust, and 200,000 by the Rachel Nager Liberman Irrevocable Trust - 2022.
DraftKings (DKNG) director insider buy: A director purchased 25,000 shares of Class A common stock on 11/11/2025, coded as a purchase (P), at a weighted average price of $30.30. The trades were executed in multiple transactions within a price range of $30.20 to $30.40.
Following the transaction, the reporting person beneficially owned 249,712 shares, held directly. The filer noted willingness to provide the full breakdown of shares purchased at each price within the stated range upon request.
DraftKings Inc. (DKNG) disclosed an insider share purchase. A company director bought 10,000 shares of Class A common stock on 11/11/2025 in an open‑market transaction coded “P” at a price of $30.27 per share.
Following the trade, the director beneficially owns 10,000 shares, held directly. Form 4 filings report insiders’ transactions and provide transparency into changes in ownership.
DraftKings (DKNG) reported insider equity activity by a director and officer. On 11/09/2025, 28,308 shares of Class A common stock were acquired upon RSU vesting (code M), and 13,687 shares were withheld to cover taxes at $30.4 (code F). Following these transactions, directly held shares were 4,204,034. Indirect holdings included 196,309 shares held by Kalish Family 2020 Irrevocable Trusts and 2,938 shares held by the Matthew P. Kalish 2020 Trust.
On 11/06/2025, RSUs were adjusted: 88,235, 77,196, and 95,409 RSUs were reported as disposals (each at $0), while time-based RSUs will continue vesting through March 1, 2026 under a Transition Agreement.
DraftKings (DKNG) reported a routine insider transaction by a director involving restricted stock units. On November 6, 2025, the director received 446 RSUs issued in lieu of a quarterly cash retainer; the RSUs were granted and became fully vested the same day, with no shares transferred or sold upon vesting.
After these transactions, the director beneficially owns 58,032 shares of Class A Common Stock directly, plus indirect holdings of 10 shares through OneSix Red, LLC and 44,616 shares through the Levin Family 2015 Irrevocable Trust. Each RSU represents the right to receive one Class A share.