December 10, 2025 · Form 4 insider transaction
Kalish Matthew bought 2,763,636 shares of DraftKings Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Represents the vesting of the performance-based restricted stock units ("PSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested pursuant to the terms and conditions of the Transition Agreement, dated November 6, 2025, between the Reporting Person and the Issuer. Each PSU 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 PSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 2,763,636 shares of Class A Common Stock underlying the PSUs listed in Table I, and 1,336,219 shares of Class A Common Stock withheld by the Issuer.