DraftKings Inc.·4

Mar 16, 6:06 PM ET

Moore Jocelyn 4

4 · DraftKings Inc. · Filed Mar 16, 2026

Research Summary

AI-generated summary of this filing

Updated

DraftKings (DKNG) Director Jocelyn Moore Sells 2,150 Shares

What Happened
Jocelyn Moore, a director of DraftKings Inc. (DKNG), sold 2,150 shares of the company’s Class A common stock on March 13, 2026. The shares were disposed at $25.60 per share, generating proceeds of approximately $55,040. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan, which typically schedules transactions in advance.

Key Details

  • Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16)
  • Transaction type/code: Sale (S) — open market or private sale
  • Price: $25.60 per share; total proceeds ≈ $55,040
  • Shares reported transferred to the reporting person: 870 shares moved from The Mustard Seed Living Trust (previously reported as indirectly held) to Jocelyn Moore directly; this transfer involved no purchase or sale.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 — sale executed under a 10b5-1 plan adopted Dec 12, 2025; F2 — internal transfer of 870 shares from a revocable trust to Ms. Moore (no sale/purchase).
  • Timeliness: Filing was submitted on 2026-03-16 for the 2026-03-13 transaction; no late filing flag noted.

Context
This was a sale (not a purchase), and because it was executed under a pre-arranged 10b5-1 plan, it is generally considered routine and does not by itself indicate a change in the director’s view of the company. The trust-to-individual transfer simply changed how some shares are held (indirect to direct) and did not involve market activity.

Insider Transaction Report

Form 4
Period: 2026-03-13
Transactions
  • Sale

    Class A Common Stock

    [F1][F2]
    2026-03-13$25.60/sh2,150$55,0401,406 total
Holdings
  • Class A Common Stock

    [F2]
    (indirect: By Trust)
    24,778
Footnotes (2)
  • [F1]The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 12, 2025 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
  • [F2]Reflects the transfer of 870 shares of the Issuer's Class A Common Stock previously reported as indirectly held by The Mustard Seed Living Trust, a revocable living trust of which the Reporting Person is the sole lifetime beneficiary and sole trustee, to the Reporting Person directly. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.
Signature
/s/ Faisal Hasan, attorney-in-fact|2026-03-16

Documents

1 file
  • 4
    wk-form4_1773698785.xmlPrimary

    FORM 4