Draftkings Inc SEC Filings

DraftKings insider activity: Chief Financial Officer Alan Wayne Ellingson had multiple restricted stock unit (RSU) vestings effective 09/01/2025 that increased his Class A common stock holdings. Net shares delivered from four separate RSU vestings totaled 9,788 shares added to his direct holdings while the issuer withheld 4,734 shares to satisfy taxes. A portion of withheld shares were reported as dispositions at a price of $47.98 per share. After these transactions, the Reporting Person beneficially owned 135,748 Class A shares at latest report.

Jason Robins, Chief Executive Officer and Chairman of DraftKings Inc. (DKNG), reported vesting and withholding transactions for restricted stock units (RSUs) on 09/01/2025. Three RSU grants vested, resulting in the issuance of 37,500, 16,404, and 14,008 shares (totaling 67,912 shares) that converted into Class A common stock. To satisfy withholding taxes, the issuer withheld 18,132, 7,932, and 6,773 shares (total 32,837 shares) which were reported as disposals at $47.98 per share for some withheld tranches. Following these transactions, the reporting person directly beneficially owned between 3,445,198 and 3,467,678 shares of Class A common stock depending on the row reported, and the filing also discloses that Mr. Robins is the sole holder of 393,013,951 shares of Class B common stock (not registered).

DraftKings Inc. (DKNG) Form 144 notice shows a proposed sale of 105,554 Class A common shares through UBS Financial Services (NASDAQ) with an aggregate market value of $5,000,177.42. The filer identifies acquisitions underlying the sale as 7,961 shares from the vesting of restricted stock units on 08/09/2025 and 97,593 shares from exercise of stock options on 09/02/2025 (paid in cash). The filing lists four prior sales by the same person in the past three months: 52,777 on 06/02/2025, 158,331 on 06/18/2025, 105,554 on 07/18/2025, and 105,554 on 08/05/2025, totaling 422,216 shares for gross proceeds of $17,245,745.02. The form includes standard representations about material nonpublic information; dates for the notice and plan adoption fields are not provided in the content.

DraftKings Inc. (DKNG) Form 4 shows insider Jason Robins made two gifts of Class A common stock on 08/25/2025, transferring 4,443 shares to a non-profit organization and 5,554 shares to a non-profit educational institution; both transfers were coded as gifts with no cash consideration. After the transactions Robins beneficially owned 3,431,384 and 3,425,830 shares of Class A common stock as reported on separate lines. The filing also reports an indirect holding of 90 Class A shares held by the Jason Robins Revocable Trust dated January 8, 2014. The form identifies Robins as Chief Executive Officer and Chairman and discloses he is the sole holder of 393,013,951 shares of Class B common stock, which are not registered securities. The filing was signed by an attorney-in-fact, Faisal Hasan, on 08/27/2025.

DraftKings Inc. (DKNG) Form 4 shows that director Ryan R. Moore sold a total of 76,390 shares of Class A Common Stock on 08/21/2025 in multiple transactions. The sales are reported in two groups: 75,075 shares at a weighted average price of $45.91 (transactions ranged $45.20–$46.19) and 1,315 shares at a weighted average price of $46.24 (transactions ranged $46.20–$46.29). After these transactions the Form reports beneficial ownership amounts of 1,717 and 402 shares in the respective reported lines. The Form is filed by one reporting person and includes footnotes disclosing the weighted average pricing ranges.

DraftKings Inc. reporting person Alan Wayne Ellingson, the company's Chief Financial Officer, sold 44,693 shares of Class A common stock on 08/19/2025 at a weighted average price of $44.90 per share. After the sale, the reporting person beneficially owned 128,131 shares. The Form 4 was signed by an attorney-in-fact on 08/21/2025. The filer indicates the reported sale occurred in multiple transactions at prices ranging from $44.86 to $44.92 and offers to provide a breakdown of shares sold at each price upon request.

DraftKings Inc. (DKNG) filed a Form 144 proposing the sale of 76,390 Class A shares through Merrill Lynch in Boston with an aggregate market value of $3,505,000. The filing reports 496,470,071 shares outstanding and lists the approximate sale date as 08/21/2025. The securities being offered largely originate from restricted stock vesting on multiple dates between 2021 and 2025 and several private placement purchases, with payment types identified as compensation or cash. No sales by the filer in the past three months are reported.

DraftKings Inc. (DKNG) Form 144 notice reports a proposed sale of Class A common stock by an insider. The filer registered 44,693 shares for sale with an aggregate market value of $2,006,484.99 and an approximate sale date of 08/19/2025 on NASDAQ. Those shares were acquired on 02/24/2025 as restricted stock vesting and were issued as compensation. The filing also discloses a recent sale by the same person of 5,725 Class A shares on 08/15/2025 for gross proceeds of $249,209.25. The form includes the standard insider representation that no undisclosed material adverse information is known.

Alan Wayne Ellingson, Chief Financial Officer of DraftKings Inc. (DKNG), sold 5,725 shares of Class A common stock on 08/15/2025 at a price of $43.53 per share. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2024. Following the reported transaction, Mr. Ellingson beneficially owned 172,824 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.