Dodge R Stanton 4

What Happened Dodge R. Stanton, DraftKings' Chief Legal Officer, had 14,154 restricted stock units (RSUs) convert into Class A shares on February 9, 2026. Of those, 6,193 shares were withheld by the company to cover taxes at $27.22 per share (proceeds ~$168,573), leaving a net receipt of 7,961 shares. The RSU conversion is reported as an exercise/conversion of a derivative (M) and the withholding is reported under tax withholding (F).

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (appears timely).
• RSUs converted: 14,154 shares (conversion recorded at $0.00 for the derivative portion).
• Shares withheld for taxes: 6,193 shares at $27.22 each = $168,573 (disposed to issuer for tax withholding).
• Net shares received by Stanton: 7,961 shares (14,154 − 6,193).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 confirms withholding by the issuer to satisfy taxes; F2 notes these RSUs were from a Feb 9, 2022 grant of 226,470 RSUs vesting quarterly over four years.

Context This was an RSU vesting event with company withholding for taxes (a cashless-withholding settlement), not an open-market buy or sell. Such filings document compensation vesting and tax withholding rather than active market trades; they do not by themselves indicate the insider’s trading sentiment.