Bradbury Erik 4

What Happened
Erik Bradbury, Chief Accounting Officer of DraftKings, sold 7,268 shares of DraftKings Class A common stock on February 19, 2026. The sales produced approximately $163,530 in proceeds at a weighted average price of $22.50 per share (individual executions ranged $22.32–$22.97). This was a sale (not a purchase); the filing indicates the transactions were made under a pre‑arranged Rule 10b5‑1 plan.

Key Details

• Transaction date: 2026-02-19. Report filed: 2026-02-20 (timely).
• Shares sold: 7,268; weighted average price reported: $22.50; total proceeds: $163,530. Range of execution prices: $22.32–$22.97.
• Shares owned after transaction: Not reported in the portions provided in this summary.
• Notable footnotes: Sale was made pursuant to a 10b5‑1 trading plan adopted Nov 10, 2025 (pre‑arranged). The filing notes the reported price is a weighted average and that full breakdown of shares sold at each price is available on request.
• Filing timeliness: Filed the day after the transaction (within Form 4 timing requirements), so not indicated as late.

Context
Sales executed under 10b5‑1 plans are pre‑planned and often routine, designed to avoid trading based on material nonpublic information; they do not necessarily signal a change in insider sentiment. For retail investors, purchases typically carry more direct informational weight than routine, plan‑based sales.