4//SEC Filing
Kalish Matthew 4
Accession 0001810190-25-000005
CIK 0001883685other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 8:11 PM ET
Size
17.4 KB
Accession
0001810190-25-000005
Insider Transaction Report
Form 4
DraftKings Inc.DKNG
Kalish Matthew
DirectorSee Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-11-09−28,308→ 28,309 total→ Class A Common Stock (28,308 underlying) - Disposition to Issuer
Restricted Stock Units
2025-11-06−95,409→ 15,901 total→ Class A Common Stock (95,409 underlying) - Disposition to Issuer
Restricted Stock Units
2025-11-06−77,196→ 19,299 total→ Class A Common Stock (77,196 underlying) - Disposition to Issuer
Restricted Stock Units
2025-11-06−88,235→ 44,118 total→ Class A Common Stock (88,235 underlying) - Tax Payment
Class A Common Stock
2025-11-09$30.40/sh−13,687$416,085→ 4,204,034 total - Exercise/Conversion
Class A Common Stock
2025-11-09+28,308→ 4,217,721 total
Holdings
- 2,938(indirect: By Trust)
Class A Common Stock
- 196,309(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 28,308 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,687 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]Subject to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer, outstanding time-based RSUs will continue vesting, under their original terms, through the last scheduled March 1, 2026 vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F3]No shares of Class A Common Stock were transferred or sold upon the forfeiture of the RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]On February 13, 2023, the Reporting Person was granted 352,941 RSUs vesting quarterly over four (4) years from March 1, 2023.
- [F5]On February 12, 2024, the Reporting Person was granted 154,392 RSUs vesting quarterly over four (4) years from March 1, 2024.
- [F6]On February 10, 2025, the Reporting Person was granted 127,211 RSUs vesting quarterly over four (4) years from March 1, 2025.
- [F7]On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years.
Documents
Issuer
DraftKings Inc.
CIK 0001883685
Entity typeother
Related Parties
1- filerCIK 0001810190
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 8:11 PM ET
- Size
- 17.4 KB