Filing Details

Accession Number:
0001104659-25-014380
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-14 20:01:19
Reporting Period:
2025-02-12
Filing Date:
2025-02-14
Accepted Time:
2025-02-14 20:01:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1883685 Draftkings Inc. DKNG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1810231 Jason Robins C/O Draftkings Inc.
222 Berkeley Street, 5Th Floor
Boston MA 02116
See Remarks Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2025-02-12 200,000 $0.63 2,878,613 No 4 M Direct
Class A Common Stock Disposition 2025-02-12 200,000 $45.00 2,678,613 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option Disposition 2025-02-12 200,000 $0.00 200,000 $0.63
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
53 2026-03-24 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 90 Indirect Held by Jason Robins Revocable Trust u/d/t January 8, 2014
Footnotes
  1. The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash.
  2. The reported sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 23, 2023 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.04, 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 this footnote 3 to this Form 4.
  4. These stock options were granted on March 24, 2016. As of the date hereof, all of such remaining stock options have vested.