Robins Jason 4
4 · DraftKings Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
DraftKings (DKNG) CEO Jason Robins Gifts 8,545 Shares
What Happened
Jason Robins, Chief Executive Officer and Chairman of DraftKings (DKNG), reported a bona fide gift of 8,545 shares of the issuer's Class A Common Stock on June 12, 2026. The shares were transferred as a gift (transaction code G) to a non-profit educational institution; the filing shows $0 received for the transfer.
Key Details
- Transaction date: 2026-06-12; reported on the same date.
- Transaction: Gift of 8,545 Class A shares at $0.00 per share (no sale proceeds).
- Footnote: F1 confirms the transfer was a bona fide gift to a non-profit educational institution; no purchase or sale occurred.
- Post-transaction holdings reported: Robins is the sole holder of 393,013,951 Class B shares (not registered securities); the filing does not specify remaining Class A holdings.
- Filing timeliness: Reported on 2026-06-12 (same-day reporting per the Form 4).
Context
Gifts of stock to charities are common and do not necessarily signal the insider's view on the company’s near-term prospects. Also note Robins’ substantial Class B stake, which represents significant voting/control interest and is separate from the Class A shares involved in this gift.
Insider Transaction Report
Form 4
DraftKings Inc.DKNG
Robins Jason
DirectorSee Remarks
Transactions
- Gift
Class A Common Stock
[F1]2026-06-12−8,545→ 3,665,563 total
Holdings
- 90(indirect: By Trust)
Class A Common Stock
Footnotes (1)
- [F1]Represents a bona fide gift of the Issuer's Class A Common Stock to a non-profit educational institution. There was no purchase or sale of Class A Common Stock in connection with the transfer.
Signature
/s/ Faisal Hasan, attorney-in-fact|2026-06-12