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

Role
President, Operations, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Nov 9, 2025
Transactions value $
-$416,085
Form type
4
Date filed
11/12/2025, 05:07 PM
Previous filing
Sep 3, 2025
Next filing
Nov 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Liberman Paul President, Operations, Director C/O DRAFTKINGS INC., 222 BERKELEY STREET, FLOOR 5, BOSTON /s/ Faisal Hasan, attorney-in-fact 2025-11-12 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 +3.76% 781K Nov 9, 2025 Direct F1
transaction DKNG Class A Common Stock Tax liability -$416K -13.7K -1.75% $30.40 768K Nov 9, 2025 Direct
holding DKNG Class A Common Stock 768K Nov 9, 2025 Held by the Paul Liberman 2015 Revocable Trust
holding DKNG Class A Common Stock 214K Nov 9, 2025 Held by the Paul Liberman 2020 Irrevocable Trust
holding DKNG Class A Common Stock 200K Nov 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 -50% $0.00 28.3K Nov 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 28,308 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,687 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.

Remarks:

President, Operations