DraftKings (DKNG) Director Valerie Mosley Receives Award
$DKNG · DraftKings Inc.Research Summary
AI-generated summary of this SEC filing
DraftKings (DKNG) Director Valerie Mosley Receives Award
What Happened Valerie Mosley, a director of DraftKings Inc. (DKNG), was granted 10,588 deferred stock units (DSUs) on August 4, 2026. The award was recorded at $0.00 per unit (no cash exchanged) — these DSUs were issued in lieu of an annual equity retainer as part of the company’s director deferral program. This is a grant/award (not a purchase or sale) and is a routine form of director compensation.
Key Details
- Transaction date: 2026-08-04; Filing date: 2026-08-06 (appears filed within the standard two-business-day Form 4 window).
- Transaction type/code: Award/Grant (A); derivative security (DSUs) credited at $0.00.
- Quantity: 10,588 DSUs granted; reporting shows no immediate cash value realized.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — DSUs were elected as deferred compensation under the DraftKings Director Stock Deferral Plan and become payable under the Plan’s terms. F2 — Each DSU represents a contingent right to receive one share of the issuer’s Class A common stock.
Context DSUs are deferred-compensation instruments that convert into actual shares (or equivalent payout) according to the plan’s payout rules and timing. Because this is a director compensation deferral rather than an open-market buy or sale, it should be viewed as routine compensation administration, not a direct signal of the director’s near-term trading intent.