February 1, 2025 · Form 4 insider transaction
Ellingson Alan Wayne bought 4,311 shares of DraftKings Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
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 4,311 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,427 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.