Transaction #6740 · Form 4 · 0001810190-25-000005
DraftKings Inc. · Exercise / conversion · Class A Common Stock
DraftKings Inc. · Transacted November 9, 2025 · Filed November 10, 2025
What does this filing report?
An SEC Form 4 filing for DraftKings Inc. records an exercise / conversion involving Class A Common Stock on November 9, 2025. The reported quantity was 28,308. The filing date is November 10, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- DraftKings Inc.
- Company CIK
- 0001883685
- Security type
- Non-derivative
- Acquisition type
- Exercise / conversion · Code M
- Quantity acquired
- 28,308
- Reported price
- Not reported · See footnotes
- Reference value
- Not reported
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 4,217,721
- Ownership description
- Not reported
- SEC acceptance time
- Nov 10, 2025, 8:11 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Kalish Matthew ↗
See Remarks · Director
CIK 0001810190
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Filing footnotes & remarks
- 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 28,308 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,687 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
- Subject to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer, outstanding time-based RSUs will continue vesting, under their original terms, through the last scheduled March 1, 2026 vesting date. 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 forfeiture of the RSUs. 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.
- F7
- On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years.
Remarks
President, DraftKings North America
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.