|4Feb 12, 8:19 PM ET

Levin Woodrow 4

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DraftKings (DKNG) Director Levin Woodrow Receives RSU Award (460 shares)

What Happened
Levin Woodrow, a director of DraftKings Inc. (DKNG), was awarded 460 restricted stock units (RSUs) that became fully vested on February 10, 2026. The grant is recorded at $0.00 per share (total value $0 in the filing) and the Form 4 also shows corresponding exercise/conversion entries at $0.00. Per the filing footnotes, each RSU represents a contingent right to one share of Class A Common Stock and no shares were transferred or sold upon vesting.

Key Details

  • Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely).
  • Transactions reported: Award/grant of 460 RSUs (code A) at $0.00; exercise/conversion entries for 460 RSUs (code M) at $0.00.
  • Price/value: $0.00 per unit (RSUs issued in lieu of quarterly cash retainer).
  • Shares owned after transaction: not specified in the provided filing details.
  • Relevant footnotes: F1–F4 state the RSUs vesting, that each RSU equals one Class A share, RSUs issued in lieu of a cash retainer, and that no shares were transferred/sold upon vesting.

Context
RSU awards issued in lieu of cash retainers are a routine form of director compensation and do not involve an open-market purchase or sale. The filing shows conversion/settlement activity for the RSUs but explicitly notes no shares were transferred or sold at vesting, so this does not indicate a sale or a market signal.