Moore Ryan R 4

What Happened
Ryan R. Moore, a director of DraftKings, was awarded 668 restricted stock units (RSUs) that vested on February 10, 2026. The Form 4 shows an RSU award (A) of 668 units at $0.00 and related derivative conversion/exercise (M) entries; the filing notes that no shares of Class A common stock were transferred or sold upon vesting. The RSUs were issued in lieu of a quarterly cash retainer and each RSU represents a contingent right to one share.

Key Details

• Transaction date: February 10, 2026 (reported on Form 4 filed February 12, 2026). Filing appears timely (within standard two-business-day window).
• Award: 668 RSUs granted and fully vested on Feb 10, 2026 (reported at $0.00).
• Derivative activity: Form records conversion/exercise (code M) related to the RSUs; a separate M line shows 668 units listed as disposed at $0.00—per footnotes, no shares were transferred or sold upon vesting.
• Purpose: RSUs were issued in lieu of a quarterly cash retainer.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Relevant footnotes: F1–F4 explain RSUs = one share each, issued in lieu of cash retainer, and fully vested on Feb 10, 2026; no shares were sold/transfered on vesting.

Context
RSU grants to directors are a routine form of compensation and do not necessarily indicate a change in the director’s view of the company. Because the RSUs vested and the filing confirms no shares were sold on vesting, this is an award/compensation event rather than an outright purchase or sale of stock. Purchases or open-market sales typically convey clearer signals about insider sentiment than standard compensation vesting.