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Filing Details

Accession Number:: 0001104659-25-056136
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-06-03 21:28:20
Reporting Period:: 2025-06-01

Filing Date:: 2025-06-03
Accepted Time:: 2025-06-03 21:28:20
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
1404430	Stanton R Dodge	C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116	Chief Legal Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2025-06-01	11,030	$0.00	568,188	No	4	M	Direct
Class A Common Stock	Disposition	2025-06-01	4,826	$35.88	563,362	No	4	F	Direct
Class A Common Stock	Acquisiton	2025-06-01	4,824	$0.00	568,186	No	4	M	Direct
Class A Common Stock	Disposition	2025-06-01	2,111	$35.88	566,075	No	4	F	Direct
Class A Common Stock	Acquisiton	2025-06-01	4,998	$0.00	571,073	No	4	M	Direct
Class A Common Stock	Disposition	2025-06-01	2,187	$35.88	568,886	No	4	F	Direct
Class A Common Stock	Acquisiton	2025-06-01	807	$0.00	569,693	No	4	M	Direct
Class A Common Stock	Disposition	2025-06-01	353	$35.88	569,340	No	4	F	Direct
Class A Common Stock	Disposition	2025-06-02	50,151	$33.47	519,189	No	4	S	Direct
Class A Common Stock	Disposition	2025-06-02	2,626	$33.89	516,563	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2025-06-01	11,030	$0.00	11,030	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2025-06-01	4,824	$0.00	4,824	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2025-06-01	4,998	$0.00	4,998	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2025-06-01	807	$0.00	807	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
77,204	No	4	M	Direct
53,073	No	4	M	Direct
74,963	No	4	M	Direct
7,269	No	4	M	Direct

Footnotes

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 11,030 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 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.
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 4,824 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,111 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.
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 4,998 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,187 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.
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 807 shares of Class A Common Stock underlying the RSUs listed in Table II, and 353 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.
The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 13, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.85 to $33.84, 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 footnotes 6 and 7 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.85 to $34.16, inclusive. See the last sentence of footnote 6 to this Form 4 above.
On February 13, 2023, the Reporting Person was granted 190,588 RSUs vesting quarterly over four (4) years from March 1, 2023. On April 28, 2023, the vesting terms of 14,119 of such RSUs were amended to provide for vesting in equal monthly installments over one (1) year from April 23, 2023. Accordingly, such 14,119 RSUs are no longer included in the Reporting Person's holdings with respect to the February 13, 2023 grant of 190,588 RSUs.
On February 12, 2024, the Reporting Person was granted 77,196 RSUs vesting quarterly over four (4) years from March 1, 2024.
On February 10, 2025, the Reporting Person was granted 79,961 RSUs vesting quarterly over four (4) years from March 1, 2025.
On February 10, 2025, the Reporting Person was granted 9,692 RSUs vesting monthly over one (1) year from March 1, 2025.