Alan Wayne Ellingson - 16 May 2025 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
16 May 2025
Transactions value $
$-251,102
Form type
4
Filing time
16 May 2025, 20:01:20 UTC
Previous filing
05 May 2025
Next filing
03 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ellingson Alan Wayne Chief Financial Officer C/O DRAFTKINGS INC., 222 BERKELEY STREET, 5TH FLOOR, BOSTON /s/ Faisal Hasan, attorney-in-fact 16 May 2025 0002019299

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Sale $-251,102 -6,829 -3.83% $36.77 171,268 16 May 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on November 20, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.