Dodge R Stanton 4

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.