DraftKings Inc.·4

Jun 12, 5:21 PM ET

Robins Jason 4

4 · DraftKings Inc. · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-06-12
Robins Jason
DirectorSee Remarks
Transactions
  • Gift

    Class A Common Stock

    [F1]
    2026-06-128,5453,665,563 total
Holdings
  • Class A Common Stock

    (indirect: By Trust)
    90
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

Documents

1 file
  • 4
    wk-form4_1781299269.xmlPrimary

    FORM 4