Dodge R Stanton 4

4 · DraftKings Inc. · Filed Feb 18, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

DraftKings CLO Dodge Stanton Receives RSUs; Shares Withheld for Taxes

What Happened

Dodge R. Stanton, Chief Legal Officer of DraftKings (DKNG), had RSUs vest on Feb 13, 2026 and received a net 25,732 shares of Class A common stock. To satisfy withholding taxes, 11,258 shares were withheld/disposed for proceeds of $244,974 (11,258 × $21.76).
On Feb 17, 2026 Stanton was granted two new RSU awards totaling 216,024 RSUs: 198,317 RSUs that vest quarterly over four years, and 17,707 RSUs that vest monthly over one year. These grants are derivative awards with $0.00 per-share reported.

Key Details

Transaction dates: Feb 13, 2026 (vesting and tax withholding); Feb 17, 2026 (new RSU grants).
Prices/values: Withheld/disposed shares sold at $21.76 for total proceeds of $244,974; new RSUs reported at $0.00 (typical for restricted awards).
Shares received vs withheld: 25,732 net shares delivered; 11,258 shares withheld to cover taxes.
Shares owned after transaction: not specified in the filing.
Footnotes: F1 (each RSU = contingent right to one share); F2 (RSUs vested per 2020 Incentive Award Plan; only withholding shares were surrendered to satisfy taxes); F3–F4 (details of vesting schedules for the Feb 17 grants).
Filing timing: Form 4 filed Feb 18, 2026 reporting Feb 13 and Feb 17 activity. Form 4s are normally due within two business days of a transaction, so the Feb 13 vest/withholding entry appears to have been filed after the typical two-business-day window.

Context

These transactions are mainly awards and tax-withholding activity, not an open-market buy or sell decision as a market signal. RSU vesting and subsequent tax withholding is common compensation processing; the Feb 17 entries are new compensation grants with multi-year vesting schedules.

Form 4

Period: 2026-02-13

Chief Legal Officer

Transactions

Award
Class A Common Stock
[F1][F2]
2026-02-13+25,732→ 534,147 total
Tax Payment
Class A Common Stock
2026-02-13$21.76/sh−11,258$244,974→ 522,889 total
Award
Restricted Stock Units
[F1][F3]
2026-02-17+198,317→ 198,317 total
→ Class A Common Stock (198,317 underlying)
Award
Restricted Stock Units
[F1][F4]
2026-02-17+17,707→ 17,707 total
→ Class A Common Stock (17,707 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F2]Represents the vesting of the RSUs granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals. No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 25,732 shares of Class A Common Stock underlying the RSUs listed in Table I, and 11,258 shares of Class A Common Stock withheld by the Issuer.
[F3]On February 17, 2026, the Reporting Person was granted 198,317 RSUs vesting quarterly over four (4) years from March 1, 2026.
[F4]On February 17, 2026, the Reporting Person was granted 17,707 RSUs vesting monthly over (1) year from March 1, 2026.

Signature

/s/ Faisal Hasan, attorney-in-fact|2026-02-18

1 file