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Dodge R Stanton's Form 4 filing

DraftKings Inc. (DKNG) · filed Dec 2, 2025

Accession no.
0001404430-25-000015
Filed
Dec 2, 2025
Trade date
Dec 1, 2025
Filing delay
1 day
Rule 10b5-1 plan
Checked

This filing lists 11 non-derivative transactions and 5 derivative transactions. Open-market sales total $1.79M. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Dodge R StantonCIK 0001404430Officer (Chief Legal Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 1, 2025Class A Common StockMOption exerciseAcquired+11,029–F1–519,445Direct
Dec 1, 2025Class A Common StockFTax withholdingDisposed−4,826$33.87−$163,456.62514,619Direct
Dec 1, 2025Class A Common StockMOption exerciseAcquired+4,825–F2–519,444Direct
Dec 1, 2025Class A Common StockFTax withholdingDisposed−2,111$33.87−$71,499.57517,333Direct
Dec 1, 2025Class A Common StockMOption exerciseAcquired+4,998–F3–522,331Direct
Dec 1, 2025Class A Common StockFTax withholdingDisposed−2,187$33.87−$74,073.69520,144Direct
Dec 1, 2025Class A Common StockMOption exerciseAcquired+807–F4–520,951Direct
Dec 1, 2025Class A Common StockFTax withholdingDisposed−353$33.87−$11,956.11520,598Direct
Dec 1, 2025Class A Common StockMOption exerciseAcquired+44,361$2.95+$130,864.95564,959Direct
Dec 1, 2025Class A Common StockSSaleDisposed−13,496$33.23F7−$448,472.08551,463Direct
Dec 1, 2025Class A Common StockSSaleDisposed−39,281$34.05F8−$1,337,518.05512,182Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 1, 2025Class A Common StockMOption exerciseDisposed−11,029$0.00$055,147Direct
Dec 1, 2025Class A Common StockMOption exerciseDisposed−4,825$0.00$043,423Direct
Dec 1, 2025Class A Common StockMOption exerciseDisposed−4,998$0.00$064,969Direct
Dec 1, 2025Class A Common StockMOption exerciseDisposed−807$0.00$02,422Direct
Dec 1, 2025Class A Common StockMOption exerciseDisposed−44,361$0.00$01,468,728Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

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 11,029 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.

Referenced by the price of 1 transaction in Table I.

F2

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 4,825 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.

Referenced by the price of 1 transaction in Table I.

F3

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.

Referenced by the price of 1 transaction in Table I.

F4

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.

Referenced by the price of 1 transaction in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.72 to $33.69, 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 7 and 8 to this Form 4.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.72 to $34.25, inclusive. See the last sentence of footnote 7 to this Form 4 above.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)