DraftKings (DKNG) Director Matthew Kalish Receives 10,588 RSUs

What Happened

• Matthew Kalish, a member of DraftKings' (DKNG) board of directors, received an award of 10,588 restricted stock units (RSUs) on August 4, 2026. The RSUs were granted at $0.00 (no cash paid) and are reported as a derivative award.
• Each RSU represents the contingent right to receive one share of DraftKings Class A common stock (Footnote F1). This was an annual equity grant (F2) and the RSUs will vest in full on the earlier of the company’s 2027 annual meeting of shareholders or the first anniversary of the grant date (F3). As an award (not a purchase or sale), this is routine compensation rather than an immediate market trade.

Key Details

• Transaction date: August 4, 2026; filing date: August 6, 2026 (filed within the typical 2-business-day Form 4 window).
• Type: Award/Grant (derivative RSUs); Shares awarded: 10,588; acquisition price reported $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 = each RSU converts to one share; F2 = annual equity grant; F3 = vests in full at 2027 annual meeting or Aug 4, 2027, whichever is earlier.
• Timeliness: Filing appears timely (not reported late).

Context

• RSUs are a common form of equity compensation. No shares were sold or bought—value to the insider will be realized only if/when the RSUs vest and are settled (typically in shares or cash based on fair market value).
• Such grants are generally routine and reflect compensation practices rather than an explicit buy/sell signal.