Moore Jocelyn 4
Research Summary
AI-generated summary
DraftKings (DKNG) Director Jocelyn Moore Receives 622 RSUs
What Happened
- Jocelyn Moore, a director of DraftKings, was granted 622 restricted stock units (RSUs) that became fully vested on February 10, 2026. The Form 4 shows a grant (A) and related exercise/conversion (M) entries for 622 shares at $0.00. Footnotes state each RSU represents a right to one share and that no shares of Class A common stock were transferred or sold upon vesting.
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (timely filing within the standard two-business-day window).
- Securities: 622 RSUs granted and vested; reported at $0.00 (typical for RSU awards).
- Post-transaction shares owned: Not specified in the provided filing.
- Footnotes: (F1) no shares transferred/sold on vesting; (F2) each RSU = right to one Class A share; (F3) RSUs issued in lieu of a quarterly cash retainer; (F4) RSUs granted and fully vested on Feb 10, 2026.
- Transaction codes on the Form 4: A = award/grant; M = exercise/conversion of a derivative. No sale or tax-withholding share disposition is reported.
Context
- These entries reflect an equity award (compensation) rather than an open-market purchase or sale. RSUs issued in lieu of cash are routine compensation for directors and do not by themselves signal buying or selling intent. The conversion/exercise notation simply records that the RSUs vested and became exercisable/convertible into shares; per the filing, no shares were sold or transferred upon vesting.