DraftKings Inc.·4

Jun 12, 5:21 PM ET

Robins Jason 4

Research Summary

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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.