DraftKings Director Levin Woodrow Receives 10,588-Share Award

What Happened Levin Woodrow, a director of DraftKings Inc. (DKNG), was granted 10,588 deferred stock units (DSUs) on August 4, 2026 as a director compensation deferral. The grant is recorded at $0.00 per unit (no cash paid) and is a derivative award—each DSU represents a contingent right to receive one share of DraftKings Class A common stock under the company’s director stock deferral plan.

Key Details

• Transaction date: 2026-08-04; Filing date: 2026-08-06 (Form 4 accession 0001810201-26-000008) — appears timely under Form 4 rules.
• Transaction type/code: Award/Grant (A); derivative security (DSUs).
• Shares/units granted: 10,588 DSUs; grant price reported $0.00; not an open-market purchase or sale.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: (F1) DSUs were credited in lieu of an annual equity retainer under the DraftKings Director Stock Deferral Plan; (F2) Each DSU is a contingent right to one share, payable according to the Plan’s terms.

Context This grant is a typical director compensation deferral rather than a purchase or sale. DSUs are a form of deferred, contingent equity—they do not immediately transfer shares or cash and will convert to shares (or be paid) only per the plan’s payout provisions. Such awards are common for non-employee directors and do not by themselves indicate a buy/sell signal.