WALDEN MARNI M 4

What Happened

• Marni M. Walden, a director of DraftKings Inc. (DKNG), was granted and received 691 restricted stock units (RSUs) that vested and converted into 691 shares on February 10, 2026. The award was issued in lieu of a quarterly cash retainer and is reported at $0 in the filing. The filing shows the RSU grant/award (code A) and the conversion/exercise of the derivative (code M); the filing does not show any sale or cash proceeds.

Key Details

• Transaction date: February 10, 2026 (Form 4 filed February 12, 2026 — timely filing)
• Transaction types reported: A = Award/Grant of 691 RSUs; M = conversion/exercise reflecting conversion of those RSUs into 691 shares
• Price/value reported: $0.00 per share (award recorded as $0 in the filing)
• Shares received: 691 RSUs converted into 691 shares
• Shares owned after transaction: Not disclosed in the filing
• Footnotes of note:
  • F1: No Class A shares were transferred or sold upon vesting of the RSUs.
  • F2: Each RSU equals one share of Class A common stock.
  • F3: RSUs were issued in lieu of a quarterly cash retainer.
  • F4: RSUs were granted and became fully vested on February 10, 2026.

Context

• RSUs are a grant that convert into shares upon vesting; this filing reflects a routine director compensation event rather than an open‑market buy or sale. Because no sale or transfer of shares was reported upon vesting, there is no cash transaction or proceeds disclosed. Such awards are common for non-employee directors and do not by themselves indicate a positive or negative view of the company’s stock.