Draftkings Inc SEC Filings

DraftKings (DKNG): Form 3 filed by a director. The initial beneficial ownership report indicates no securities are beneficially owned as of the event date 10/24/2025. The filing was made by one reporting person, with execution by an attorney-in-fact under Exhibit 24 (Power of Attorney). No non-derivative or derivative holdings are listed.

DraftKings Inc. appointed Gregory W. Wendt as an independent director effective October 24, 2025. He was recommended by the Nominating and Corporate Governance Committee and will also serve on that committee.

Mr. Wendt retired as a Partner from Capital Group after 37 years as an investment analyst and portfolio manager, with research focus including the global casino sector. The Board determined he meets NASDAQ and SEC independence requirements. He will participate in the standard compensation program for independent directors as described in the company’s 2025 proxy. A press release announcing the appointment was furnished on October 28, 2025.

DraftKings Inc. (DKNG) disclosed that its Chief Legal Officer exercised 40,142 stock options at $2.95 and sold 52,717 shares at a $34.57 weighted average price, plus 60 shares at $35.15, on October 17, 2025. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2024.

Following these transactions, beneficial ownership of Class A common stock was 500,000 shares. Derivative holdings included 1,472,947 stock options; the exercised options carry an expiration date of November 2, 2027.

DraftKings Inc. (DKNG) filing of a Form 144 notifies a proposed sale of 15,000 common shares with an aggregate market value of $518,413.50. The shares were acquired on 05/05/2012 through previously exercised options and were paid for in cash on that date. The proposed approximate sale date is 10/09/2025 through Morgan Stanley Smith Barney LLC on the NASDAQ. The filing reports 496,470,071 shares outstanding, and indicates no securities sold by the same person in the past three months. The signer represents they are not aware of undisclosed material adverse information and references the Rule 10b5-1 trading plan representation language.

DraftKings Inc. notice of a proposed sale reports an insider plans to sell 15,000 common shares for an aggregate market value of $518,365.50. The shares represent a very small fraction of outstanding stock (496,470,071 shares outstanding) and the approximate sale date is 10/09/2025. The filer acquired these shares on 05/05/2012 through previously exercised options and paid in cash. No other sales by the seller in the past three months were reported and the filer certifies no undisclosed material adverse information.

DraftKings (DKNG) insider filing: the Chief Legal Officer reported RSU-related transactions on 10/01/2025. 808 Class A shares were acquired upon RSU vesting, and 354 shares were withheld by the company to cover taxes at $35.16 per share.

Following these transactions, the officer directly holds 512,635 Class A shares and 4,037 RSUs. The officer was previously granted 9,692 RSUs on 02/10/2025, vesting monthly over one year starting 03/01/2025.

Erik Bradbury, Chief Accounting Officer of DraftKings Inc. (DKNG), reported multiple restricted stock unit (RSU) vestings effective 09/01/2025. The filing shows the net receipt of 2,745, 931, and 139 Class A shares from three RSU tranches, while the issuer withheld 1,273, 432, and 65 shares respectively to satisfy taxes. After these transactions, the reporting person beneficially owned 32,942, 13,039, and 1,952 Class A shares attributable to the vested RSUs and total reported Class A common stock ownership of 18,417 shares following the last reported transaction. The grants originated on 08/12/2024, 02/11/2025, and 02/28/2025, with multi-year quarterly vesting schedules.

Matthew P. Kalish, President, DraftKings North America, reported multiple transactions dated 09/01/2025 relating to the vesting of restricted stock units (RSUs) and related withholding. The reporting person acquired net shares from three RSU vesting events: 22,059, 9,649, and 7,951 Class A shares (coded M). To satisfy tax withholding, the issuer withheld and disposed of 10,666, 4,666, and 3,845 shares (coded F) at a reported price of $47.98 per share. Following these transactions, the filing shows direct beneficial ownership totals in the range of about 4.21 million Class A shares, plus indirect holdings of 196,309 shares held by Kalish Family 2020 Irrevocable Trusts and 2,938 held by the Matthew P. Kalish 2020 Trust.

Dodge R. Stanton, Chief Legal Officer of DraftKings Inc. (DKNG), reported multiple transactions on 09/01/2025–09/02/2025 including RSU vestings, option exercise and pre-arranged sales under a Rule 10b5-1 plan. He received net shares from RSU vestings totaling 21,658 shares (11,029 + 4,825 + 4,996 + 808 net recipients noted) and exercised 97,593 stock options for cash at an exercise price of $2.95, acquiring 97,593 shares. Concurrently, he sold 105,554 shares under a 10b5-1 program (31,292 at a weighted average ~$47.06 and 74,262 at a weighted average ~$47.50). After these transactions the Form 4 shows beneficial ownership of 512,181 Class A shares.