R. Stanton Dodge - Sep 1, 2025 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Sep 1, 2025
Transactions value $
-$5,166,854
Form type
4
Date filed
9/3/2025, 08:02 PM
Previous filing
Aug 12, 2025
Next filing
Oct 3, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dodge R Stanton Chief Legal Officer C/O DRAFTKINGS INC., 222 BERKELEY STREET, 5TH FLOOR, BOSTON /s/ Faisal Hasan, attorney-in-fact 2025-09-03 0001404430

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +11K +2.17% 519K Sep 1, 2025 Direct F1
transaction DKNG Class A Common Stock Tax liability -$232K -4.83K -0.93% $47.98 514K Sep 1, 2025 Direct
transaction DKNG Class A Common Stock Options Exercise +4.83K +0.94% 519K Sep 1, 2025 Direct F2
transaction DKNG Class A Common Stock Tax liability -$101K -2.11K -0.41% $47.98 517K Sep 1, 2025 Direct
transaction DKNG Class A Common Stock Options Exercise +5K +0.97% 522K Sep 1, 2025 Direct F3
transaction DKNG Class A Common Stock Tax liability -$105K -2.19K -0.42% $47.98 520K Sep 1, 2025 Direct
transaction DKNG Class A Common Stock Options Exercise +808 +0.16% 520K Sep 1, 2025 Direct F4
transaction DKNG Class A Common Stock Tax liability -$16.9K -353 -0.07% $47.98 520K Sep 1, 2025 Direct
transaction DKNG Class A Common Stock Options Exercise $288K +97.6K +18.76% $2.95 618K Sep 2, 2025 Direct F5
transaction DKNG Class A Common Stock Sale -$1.47M -31.3K -5.07% $47.06 586K Sep 2, 2025 Direct F6, F7
transaction DKNG Class A Common Stock Sale -$3.53M -74.3K -12.66% $47.50 512K Sep 2, 2025 Direct F6, F8

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 -11K -14.29% $0.00 66.2K Sep 1, 2025 Class A Common Stock 11K Direct F1, F9
transaction DKNG Restricted Stock Units Options Exercise $0 -4.83K -9.09% $0.00 48.2K Sep 1, 2025 Class A Common Stock 4.83K Direct F2, F10
transaction DKNG Restricted Stock Units Options Exercise $0 -5K -6.66% $0.00 70K Sep 1, 2025 Class A Common Stock 5K Direct F3, F11
transaction DKNG Restricted Stock Units Options Exercise $0 -808 -14.29% $0.00 4.85K Sep 1, 2025 Class A Common Stock 808 Direct F4, F12
transaction DKNG Stock Option Options Exercise $0 -97.6K -6.06% $0.00 1.51M Sep 1, 2025 Class A Common Stock 97.6K $2.95 Direct F13
* 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 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 11,029 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 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 No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,825 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,111 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.
F3 No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,996 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,187 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.
F4 No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 808 shares of Class A Common Stock underlying the RSUs listed in Table II, and 353 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.
F5 The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash.
F6 The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 13, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.18 to $47.17, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 7 and 8 to this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.18 to $47.92, inclusive. See the last sentence of footnote 7 to this Form 4 above.
F9 On February 13, 2023, the Reporting Person was granted 190,588 RSUs vesting quarterly over four (4) years from March 1, 2023. On April 28, 2023, the vesting terms of 14,119 of such RSUs were amended to provide for vesting in equal monthly installments over one (1) year from April 23, 2023. Accordingly, such 14,119 RSUs are no longer included in the Reporting Person's holdings with respect to the February 13, 2023 grant of 190,588 RSUs.
F10 On February 12, 2024, the Reporting Person was granted 77,196 RSUs vesting quarterly over four (4) years from March 1, 2024.
F11 On February 10, 2025, the Reporting Person was granted 79,961 RSUs vesting quarterly over four (4) years from March 1, 2025.
F12 On February 10, 2025, the Reporting Person was granted 9,692 RSUs vesting monthly over one (1) year from March 1, 2025.
F13 These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested.