| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Sale | -$144K | -3.42K | -67.97% | $42.00 | 1.61K | Mar 6, 2025 | Direct | F1, F2 |
| holding | DKNG | Class A Common Stock | 25.6K | Mar 6, 2025 | The Mustard Seed Living Trust | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The reported sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 6, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. |
| F2 | Reflects the transfer of 4,212 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. |