Bradbury Erik 4
4 · DraftKings Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
DraftKings CAO Erik Bradbury Sells 862 Shares
What Happened
Erik Bradbury, DraftKings' Chief Accounting Officer, sold 862 shares of DraftKings Class A common stock in an open-market/private sale on May 20, 2026. The weighted-average sale price was $25.33, for total proceeds of approximately $21,834. The shares were sold pursuant to a Rule 10b5-1 trading plan established on November 10, 2025.
Key Details
- Transaction date: May 20, 2026 (Form 4 filed May 22, 2026). Filing appears timely (within the typical two-business-day window).
- Sale details: 862 shares disposed; weighted-average price $25.33; prices ranged $25.26–$25.38 across multiple trades.
- Proceeds: ~ $21,834.
- Footnotes: (F1) sale under a pre-arranged 10b5-1 plan; (F2) weighted-average price with per-trade price range and offer to provide breakdown on request; (F3) these 862 shares were included in shares purchased through DraftKings' ESPP for the period ended May 19, 2026.
- Shares owned after transaction: not disclosed in the provided filing.
Context
This was a routine sale under a pre-established 10b5-1 plan and does not, by itself, indicate the insider’s view on the company’s prospects. The filing notes the shares sold were tied to the recent ESPP purchase period (May 19, 2026), suggesting these newly acquired ESPP shares were sold the next day.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-05-20$25.33/sh−862$21,834→ 38,168 total
Footnotes (3)
- [F1]The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on November 10, 2025 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.26 to $25.38, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.
- [F3]Includes 862 shares of Class A Common Stock purchased through the Amended and Restated DraftKings Inc. Employee Stock Purchase Plan for the period ended May 19, 2026.