4Filed Aug 5, 8:00 PM ET
DraftKings (DKNG) Director Jocelyn Moore Receives RSU Award
$DKNG · DraftKings Inc.Research Summary
AI-generated summary of this SEC filing
DraftKings (DKNG) Director Jocelyn Moore Receives RSU Award
What Happened
Jocelyn Moore, a director of DraftKings Inc. (DKNG), was granted 10,588 restricted stock units (RSUs) on August 4, 2026. The award was a non‑cash equity grant (transaction code A) with a grant price reported as $0.00; RSUs are a contingent right to receive one share of Class A common stock upon vesting. This is an annual equity grant rather than a market purchase or sale.
Key Details
- Transaction date: August 4, 2026 (reported on Form 4 filed Aug 6, 2026).
- Grant: 10,588 RSUs at $0.00 (derivative award).
- Vesting: RSUs vest in full on the earlier of the Issuer’s 2027 annual meeting of shareholders or the first anniversary of the grant (per footnote).
- Purpose: Annual equity grant (footnote indicates standard yearly award).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Filed two days after the grant date (appears timely under Form 4 rules).
Context
RSUs are contingent awards that convert to actual shares only upon vesting; no shares were sold or bought in this transaction. Such routine director grants are common compensation and do not by themselves indicate insider buying or selling intent.