Matthew Kalish - 10 Dec 2025 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
President, DraftKings North America, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
10 Dec 2025
Transactions value $
-$50,212,946
Form type
4
Filing time
11 Dec 2025, 17:49:08 UTC
Previous filing
02 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kalish Matthew President, DraftKings North America, Director C/O DRAFTKINGS INC., 222 BERKELEY STREET, 5TH FLOOR, BOSTON /s/ Faisal Hasan, attorney-in-fact 11 Dec 2025 0001810190

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise $0 +2.76M +65.42% $0.00 6.99M 10 Dec 2025 Direct F1, F2
transaction DKNG Class A Common Stock Tax liability -$46.3M -1.34M -19.12% $34.63 5.65M 10 Dec 2025 Direct
transaction DKNG Class A Common Stock Options Exercise $0 +235K +4.16% $0.00 5.89M 10 Dec 2025 Direct F1, F3
transaction DKNG Class A Common Stock Tax liability -$3.94M -114K -1.93% $34.63 5.77M 10 Dec 2025 Direct
holding DKNG Class A Common Stock 196K 10 Dec 2025 Held by Kalish Family 2020 Irrevocable Trusts
holding DKNG Class A Common Stock 2.94K 10 Dec 2025 Held by Matthew P. Kalish 2020 Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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 235,294 shares of Class A Common Stock underlying the PSUs listed in Table I, and 113,765 shares of Class A Common Stock withheld by the Issuer.

Remarks:

President, DraftKings North America