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. Chief Legal Officer Dodge R. Stanton reported exercising and selling company stock. On January 20, 2026, Stanton exercised 40,066 stock options for Class A Common Stock at an exercise price of $2.95 per share, paying the aggregate exercise price in cash. On the same day, he sold 30,433 shares of Class A Common Stock at a weighted average price of $31.77 and 22,344 shares at a weighted average price of $32.33, under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024. After these transactions, Stanton beneficially owned 500,000 shares of Class A Common Stock directly and 1,335,743 stock options, with the option balance reflecting a correction from a previously misreported amount.
DraftKings insider Stanton Dodge has filed a Form 144 notice to sell 52,777 shares of Class A common stock through UBS Financial Services on Nasdaq around 01/20/2026. The planned sale relates to shares acquired from exercising stock options for 40,066 shares on 01/20/2026 for cash, plus 12,711 shares from vested RSUs in December 2025 and January 2026.
The notice also shows that during the past three months, Stanton Dodge sold 52,777 DraftKings Class A shares on 12/01/2025 for gross proceeds of $1,785,915.63 and another 52,777 shares on 11/06/2025 for $1,530,533.00. DraftKings had 497,772,508 Class A shares outstanding at the time referenced, providing context for the size of these transactions.
JPMorgan Chase & Co. has filed a Schedule 13G reporting beneficial ownership of 26,628,886 shares of DraftKings Inc. Class A common stock as of 12/31/2025. This stake represents 5.1% of the class, crossing the 5% threshold that triggers this type of ownership disclosure.
JPMorgan reports sole power to vote and dispose of all 26,628,886 shares, with no shared voting or dispositive power. The filing classifies JPMorgan as a parent holding company and lists subsidiaries including J.P. Morgan Structured Products B.V., J.P. MORGAN SE, J.P. Morgan Securities PLC, and J.P. Morgan Securities LLC as involved entities. JPMorgan certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of DraftKings.
DraftKings Inc. reported that a director and officer had performance-based restricted stock units vest on December 10, 2025 under the company’s 2020 Incentive Award Plan and a Transition Agreement dated November 6, 2025. The vesting covered 2,763,636 Class A shares from one PSU grant and 235,294 Class A shares from another, each PSU representing one share.
To cover withholding taxes, the issuer withheld 1,336,219 shares and 113,765 shares, respectively, rather than selling stock in the market. After these transactions, the insider directly beneficially owned 5,773,463 Class A shares, with additional indirect holdings of 196,309 shares held by Kalish Family 2020 Irrevocable Trusts and 2,938 shares held by the Matthew P. Kalish 2020 Trust.
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.