Paul Liberman - May 9, 2025 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role: President, Global Technology and Product, Director
Signature: /s/ Faisal Hasan, attorney-in-fact
Stock symbol: DKNG
Transactions as of: May 9, 2025
Transactions value $: -$495,916
Form type: 4
Date filed: 5/13/2025, 09:41 PM
Previous filing: Mar 27, 2025
Next filing: Jun 3, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Liberman Paul	President, Global Technology and Product, Director	C/O DRAFTKINGS INC., 222 BERKELEY STREET, 5TH FLOOR, BOSTON	/s/ Faisal Hasan, attorney-in-fact	2025-05-13	0001810204

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DKNG	Class A Common Stock	Options Exercise		+28.3K	+4.15%		711K	May 9, 2025	Direct	F1
transaction	DKNG	Class A Common Stock	Tax liability	-$496K	-13.7K	-1.92%	$36.23	697K	May 9, 2025	Direct
holding	DKNG	Class A Common Stock						768K	May 9, 2025	Held by the Paul Liberman 2015 Revocable Trust
holding	DKNG	Class A Common Stock						214K	May 9, 2025	Held by the Paul Liberman 2020 Irrevocable Trust
holding	DKNG	Class A Common Stock						200K	May 9, 2025	Held by the Rachel Nager Liberman Irrevocable Trust - 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DKNG	Restricted Stock Units	Options Exercise	$0	-28.3K	-25%	$0.00	84.9K	May 9, 2025	Class A Common Stock	28.3K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 28,309 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,688 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years.

Content

No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 28,309 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,688 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years.

Remarks:

President, Global Technology and Product