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STOCK TITAN

[Form 4] DraftKings Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Jason Robins, the Chief Executive Officer and Chairman of DraftKings Inc. (DKNG), had restricted stock units (RSUs) vest on 08/09/2025. From the vesting event the reporting person received a net 38,217 shares of Class A common stock after the issuer withheld 18,478 shares to satisfy tax withholdings. Each RSU represents a contingent right to receive one share.

The filing notes the original grant of 611,468 RSUs on February 9, 2022, which vest quarterly over four years. The report also states Robins beneficially holds 393,013,951 shares of Class B common stock that are not registered securities.

Jason Robins, Amministratore Delegato e Presidente di DraftKings Inc. (DKNG), ha visto maturare delle restricted stock units (RSU) il 9 agosto 2025. Dall'evento di vesting la persona segnalata ha ricevuto netti 38,217 azioni di Classe A dopo che l'emittente ha trattenuto 18,478 azioni per soddisfare le ritenute fiscali. Ogni RSU rappresenta il diritto condizionato a ricevere una azione.

La comunicazione indica la concessione originaria di 611,468 RSU il 9 febbraio 2022, che maturano trimestralmente nell'arco di quattro anni. Il rapporto segnala inoltre che Robins detiene in via beneficiaria 393,013,951 azioni di Classe B che non sono titoli registrati.

Jason Robins, Director Ejecutivo y Presidente de DraftKings Inc. (DKNG), tuvo unidades restringidas de acciones (RSU) que vencieron el 9 de agosto de 2025. Tras el evento de adquisición, la persona informante recibió netas 38,217 acciones de clase A después de que el emisor retuvo 18,478 acciones para cubrir las retenciones fiscales. Cada RSU representa el derecho contingente a recibir una acción.

El documento indica la concesión original de 611,468 RSU el 9 de febrero de 2022, que se adquieren trimestralmente a lo largo de cuatro años. El informe también señala que Robins posee de forma beneficiaria 393,013,951 acciones de clase B que no son valores registrados.

DraftKings Inc.(DKNG)� 최고경영� � 회장� 제이� 로빈스는 제한주식단위(RSU)가 2025� 8� 9�� 확정되었습니�. 해당 베스� 이벤트로 보고자는 발행사가 세금 원천징수� 위해 18,478주를 차감� � 순수하게 38,217주의 클래� A 보통주를 받았습니�. � RSU� 1주의 주식� 받을 � 있는 조건부 권리� 의미합니�.

신고섵ӗ� 2022� 2� 9�� 최초� 611,468 RSU가 부여되었으�, 이는 4년에 걸쳐 분기별로 성숙된다� 적혀 있습니다. 또한 보고서는 로빈스가 등록되지 않은 증권� 393,013,951주의 클래� B 보통주를 실질적으� 보유하고 있음� 명시합니�.

Jason Robins, directeur général et président de DraftKings Inc. (DKNG), a vu des unités d'actions restreintes (RSU) arriver à échéance le 9 août 2025. À la suite de cet événement, la personne déclarante a reçu net 38,217 actions ordinaires de classe A après que l'émetteur a retenu 18,478 actions pour couvrir les prélèvements fiscaux. Chaque RSU représente un droit conditionnel à recevoir une action.

Le dépôt précise l'attribution initiale de 611,468 RSU le 9 février 2022, qui vestent trimestriellement sur une période de quatre ans. Le rapport indique également que Robins détient à titre bénéficiaire 393,013,951 actions ordinaires de classe B qui ne sont pas des titres enregistrés.

Jason Robins, Chief Executive Officer und Chairman von DraftKings Inc. (DKNG), hatte Restricted Stock Units (RSU), die am 9. August 2025 fällig wurden. Aus dem Vesting-Ereignis erhielt die berichtende Person netto 38,217 Class‑A‑Stammaktien, nachdem der Emittent 18,478 Aktien zur Begleichung der Steuerabzüge einbehalten hatte. Jede RSU gewährt das bedingte Recht auf den Erhalt einer Aktie.

Die Meldung verzeichnet die ursprüngliche Zuteilung von 611,468 RSU am 9. Februar 2022, die über vier Jahre hinweg vierteljährlich fällig werden. Der Bericht gibt außerdem an, dass Robins wirtschaftlich begünstigt 393,013,951 Class‑B‑Stammaktien hält, die nicht registrierte Wertpapiere sind.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine executive RSU vesting produced net issuance of 38,217 Class A shares with tax withholding; immaterial to capital structure.

The transaction reflects a scheduled vesting of RSUs granted in 2022. The reporting person received 38,217 shares while 18,478 shares were withheld for taxes. The numbers are small relative to the large reported holding of 393,013,951 Class B shares, and there is no indication of open-market sales or other dispositions that would affect public float or immediate liquidity.

TL;DR: This is a standard compensation vesting event that shows executive alignment with long-term equity awards but does not signal governance change.

The filing documents conversion of vested RSUs into Class A shares and the issuer's tax-withholding via share retention. The original grant of 611,468 RSUs and the vesting schedule are disclosed, and the filing reiterates the reporting person's substantial beneficial ownership of 393,013,951 Class B shares. No governance actions or managerial departures are reported.

Jason Robins, Amministratore Delegato e Presidente di DraftKings Inc. (DKNG), ha visto maturare delle restricted stock units (RSU) il 9 agosto 2025. Dall'evento di vesting la persona segnalata ha ricevuto netti 38,217 azioni di Classe A dopo che l'emittente ha trattenuto 18,478 azioni per soddisfare le ritenute fiscali. Ogni RSU rappresenta il diritto condizionato a ricevere una azione.

La comunicazione indica la concessione originaria di 611,468 RSU il 9 febbraio 2022, che maturano trimestralmente nell'arco di quattro anni. Il rapporto segnala inoltre che Robins detiene in via beneficiaria 393,013,951 azioni di Classe B che non sono titoli registrati.

Jason Robins, Director Ejecutivo y Presidente de DraftKings Inc. (DKNG), tuvo unidades restringidas de acciones (RSU) que vencieron el 9 de agosto de 2025. Tras el evento de adquisición, la persona informante recibió netas 38,217 acciones de clase A después de que el emisor retuvo 18,478 acciones para cubrir las retenciones fiscales. Cada RSU representa el derecho contingente a recibir una acción.

El documento indica la concesión original de 611,468 RSU el 9 de febrero de 2022, que se adquieren trimestralmente a lo largo de cuatro años. El informe también señala que Robins posee de forma beneficiaria 393,013,951 acciones de clase B que no son valores registrados.

DraftKings Inc.(DKNG)� 최고경영� � 회장� 제이� 로빈스는 제한주식단위(RSU)가 2025� 8� 9�� 확정되었습니�. 해당 베스� 이벤트로 보고자는 발행사가 세금 원천징수� 위해 18,478주를 차감� � 순수하게 38,217주의 클래� A 보통주를 받았습니�. � RSU� 1주의 주식� 받을 � 있는 조건부 권리� 의미합니�.

신고섵ӗ� 2022� 2� 9�� 최초� 611,468 RSU가 부여되었으�, 이는 4년에 걸쳐 분기별로 성숙된다� 적혀 있습니다. 또한 보고서는 로빈스가 등록되지 않은 증권� 393,013,951주의 클래� B 보통주를 실질적으� 보유하고 있음� 명시합니�.

Jason Robins, directeur général et président de DraftKings Inc. (DKNG), a vu des unités d'actions restreintes (RSU) arriver à échéance le 9 août 2025. À la suite de cet événement, la personne déclarante a reçu net 38,217 actions ordinaires de classe A après que l'émetteur a retenu 18,478 actions pour couvrir les prélèvements fiscaux. Chaque RSU représente un droit conditionnel à recevoir une action.

Le dépôt précise l'attribution initiale de 611,468 RSU le 9 février 2022, qui vestent trimestriellement sur une période de quatre ans. Le rapport indique également que Robins détient à titre bénéficiaire 393,013,951 actions ordinaires de classe B qui ne sont pas des titres enregistrés.

Jason Robins, Chief Executive Officer und Chairman von DraftKings Inc. (DKNG), hatte Restricted Stock Units (RSU), die am 9. August 2025 fällig wurden. Aus dem Vesting-Ereignis erhielt die berichtende Person netto 38,217 Class‑A‑Stammaktien, nachdem der Emittent 18,478 Aktien zur Begleichung der Steuerabzüge einbehalten hatte. Jede RSU gewährt das bedingte Recht auf den Erhalt einer Aktie.

Die Meldung verzeichnet die ursprüngliche Zuteilung von 611,468 RSU am 9. Februar 2022, die über vier Jahre hinweg vierteljährlich fällig werden. Der Bericht gibt außerdem an, dass Robins wirtschaftlich begünstigt 393,013,951 Class‑B‑Stammaktien hält, die nicht registrierte Wertpapiere sind.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Robins Jason

(Last) (First) (Middle)
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DraftKings Inc. [ DKNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
08/09/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/09/2025 M 38,217 A (1) 3,454,305 D
Class A Common Stock 08/09/2025 F 18,478 D $42.88 3,435,827 D
Class A Common Stock 90 I Held by Jason Robins Revocable Trust u/d/t January 8, 2014
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 08/09/2025 M 38,217 (2) (2) Class A Common Stock 38,217 $0.00 76,433 D
Explanation of Responses:
1. 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 38,217 shares of Class A Common Stock underlying the RSUs listed in Table II, and 18,478 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.
2. On February 9, 2022, the Reporting Person was granted 611,468 RSUs vesting quarterly over four (4) years.
Remarks:
Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities.
/s/ Faisal Hasan, attorney-in-fact 08/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Jason Robins report in the Form 4 for DKNG?

The Form 4 reports the vesting of RSUs that converted into Class A shares, resulting in a net receipt of 38,217 shares after withholding.

How many RSU shares vested and how many were withheld for taxes?

A total of 38,217 vested shares were delivered net to the reporting person and 18,478 shares were withheld by the issuer to satisfy taxes.

When were the RSUs originally granted and what was the grant size?

The RSUs were granted on February 9, 2022 with a grant size of 611,468 RSUs vesting quarterly over four years.

Does the filing disclose other significant shareholdings by Jason Robins?

Yes. The filing states Jason Robins is the sole holder of 393,013,951 shares of Class B common stock that are not registered securities.

Did the filing report any open-market sale of shares?

No. The filing indicates shares were issued upon RSU vesting and that some shares were withheld for taxes; it does not report open-market sales.
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Gambling
Services-miscellaneous Amusement & Recreation
United States
BOSTON