SEC Form 4 · accession 0001404430-26-000022
DraftKings Inc. · DKNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Stanton Dodge
Officer — Chief Legal Officer
Period of report
Jun 11, 2026
Accepted (ET)
Jun 12, 2026 · 5:20 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001883685
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 11, 2026 | M | 62,500 | $2.95 | A | 618,758 | D | |
| Class A Common StockF3 | Jun 11, 2026 | S | 54,311 | $29.64 | D | 564,447 | D | |
| Class A Common StockF4 | Jun 11, 2026 | S | 8,189 | $29.97 | D | 556,258 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF5 | $2.95 | Jun 11, 2026 | M | 62,500 | D | — | Nov 2, 2027 | Class A Common Stock | 62,500 | 1,273,243 | D |
Explanation of responses
- F1The 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.
- F2The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on March 3, 2026 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.90 to $29.89, 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 ranges set forth in footnotes 3 and 4 to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.90 to $30.07, inclusive. See the last sentence of footnote 3 to this Form 4 above.
- F5These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested.