Paul Liberman - 01 Dec 2025 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
01 Dec 2025
Transactions value $
-$649,525
Form type
4
Filing time
02 Dec 2025, 17:47:27 UTC
Previous filing
21 Nov 2025

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 02 Dec 2025 0001810204

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +22.1K +2.87% 790K 01 Dec 2025 Direct F1
transaction DKNG Class A Common Stock Tax liability -$361K -10.7K -1.35% $33.87 779K 01 Dec 2025 Direct
transaction DKNG Class A Common Stock Options Exercise +9.65K +1.24% 789K 01 Dec 2025 Direct F2
transaction DKNG Class A Common Stock Tax liability -$158K -4.67K -0.59% $33.87 784K 01 Dec 2025 Direct
transaction DKNG Class A Common Stock Options Exercise +7.95K +1.01% 792K 01 Dec 2025 Direct F3
transaction DKNG Class A Common Stock Tax liability -$130K -3.85K -0.49% $33.87 788K 01 Dec 2025 Direct
holding DKNG Class A Common Stock 857K 01 Dec 2025 Held by the Paul Liberman 2015 Revocable Trust
holding DKNG Class A Common Stock 214K 01 Dec 2025 Held by the Paul Liberman 2020 Irrevocable Trust
holding DKNG Class A Common Stock 200K 01 Dec 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 -22.1K -16.67% $0.00 110K 01 Dec 2025 Class A Common Stock 22.1K Direct F1, F4
transaction DKNG Restricted Stock Units Options Exercise $0 -9.65K -10% $0.00 86.8K 01 Dec 2025 Class A Common Stock 9.65K Direct F2, F5
transaction DKNG Restricted Stock Units Options Exercise $0 -7.95K -7.14% $0.00 103K 01 Dec 2025 Class A Common Stock 7.95K Direct F3, F6
* 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 22,059 shares of Class A Common Stock underlying the RSUs listed in Table II, and 10,666 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 9,650 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,666 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 7,951 shares of Class A Common Stock underlying the RSUs listed in Table II, and 3,845 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 On February 13, 2023, the Reporting Person was granted 352,941 RSUs vesting quarterly over four (4) years from March 1, 2023.
F5 On February 12, 2024, the Reporting Person was granted 154,392 RSUs vesting quarterly over four (4) years from March 1, 2024.
F6 On February 10, 2025, the Reporting Person was granted 127,211 RSUs vesting quarterly over four (4) years from March 1, 2025.

Remarks:

President, Operations