Levin Woodrow 4
4 · DraftKings Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
DraftKings Director Levin Woodrow Sells 34,234 Shares
What Happened
Levin Woodrow, a director of DraftKings Inc. (DKNG), sold 34,234 shares in an open-market transaction on May 18, 2026. The sale generated approximately $880,156, at a weighted-average price of $25.71 per share. This was a sale (S) rather than a purchase or award; sales are often routine insider liquidity and do not by themselves indicate company prospects.
Key Details
- Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (appears timely).
- Price: weighted average $25.71; trades ranged from $25.70 to $25.73 (footnote F1). The filer can provide a per-price breakdown on request.
- Shares sold: 34,234; total proceeds ≈ $880,156.
- Shares owned after transaction: not reported in the provided filing.
- Notable footnotes: F1 explains the reported price is a weighted average across multiple trades and offers to provide the number sold at each price on request. No 10b5‑1 plan, tax withholding, or other special conditions were disclosed in the provided excerpt.
Context
Open-market sales by directors are common for personal liquidity. Retail investors should view this as factual disclosure of a sale; without additional information (e.g., planned selling program, changes in holdings, or company-specific developments), it should not be taken alone as a signal about DraftKings’ fundamentals.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-05-18$25.71/sh−34,234$880,156→ 29,820 total
- 10(indirect: By LLC)
Class A Common Stock
- 44,616(indirect: By Trust)
Class A Common Stock
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.70 to $25.73, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.