Moore Ryan R 4

What Happened

• Ryan R. Moore, a Director of DraftKings Inc. (DKNG), reported the exercise/conversion of 5,562 derivative awards on May 12, 2026. The filing shows an acquisition of 5,562 shares (conversion of RSUs) and a matching disposition of 5,562 shares at $0.00 (reported as $0 value).
• Footnotes clarify these were restricted stock units (RSUs) granted on August 5, 2025 that became fully vested on May 12, 2026, and that no Class A common shares were transferred or sold upon vesting.

Key Details

• Transaction date: May 12, 2026; Form 4 filed May 14, 2026 (timely).
• Reported amounts/prices: 5,562 shares acquired via conversion (price N/A); 5,562 shares disposed at $0.00 (total $0) as reported.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Footnotes: F1 — no shares were transferred/sold upon RSU vesting; F2 — each RSU equals one share; F3 — RSUs granted 8/5/2025 vested 5/12/2026.
• Filing timeliness: On time (filed within two business days of the report date).

Context

• This was an RSU vesting/settlement event (derivative conversion), not an open-market purchase or sale by the insider. The Form 4 shows both conversion and a $0 disposition entry; per the filing footnote, no shares were sold or transferred on vesting.
• Such RSU vesting events are routine compensation-related transactions and do not, by themselves, indicate insider buying or selling sentiment.