DraftKings (DKNG) executive Robins acquired 67,914 shares
Stocks in this Quantisnow insightConsumer Discretionary
Insider transactions reported
Jason Robins (executive at DraftKings Inc., DKNG) reported that they acquired 67,914 shares, and gave up 32,838 shares at $23.84 to cover taxes or an exercise price on Mar 1, 2026. After these transactions the filing shows 3,608,739 shares held directly.
- Reporting person
- Robins Jason
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 1, 2026 | Exercise or conversion of a derivative (M) | Class A Common Stock1, 2, 3 | +67,914 | - | - | 3,615,513 direct |
| Mar 1, 2026 | Shares withheld for taxes or exercise price (F) | Class A Common Stock | -32,838 | avg $23.84 | $783K | 3,608,739 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 1, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 67,914 Class A Common Stock1, 2, 3, ... | -67,914 | - | - | 168,100 direct |
Holdings before and after
- Class A Common Stock: 3,573,663 to 3,608,739 direct
- Restricted Stock Units: 187,500 to 168,100 direct
Other positions listed
- Class A Common Stock: 90 indirect, Held by Jason Robins Revocable Trust u/d/t January 8, 2014
Footnotes from the filing
- 1. 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 37,500 shares of Class A Common Stock underlying the RSUs listed in Table II, and 18,132 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.
- 2. 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 16,405 shares of Class A Common Stock underlying the RSUs listed in Table II, and 7,932 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.
- 4. On February 13, 2023, the Reporting Person was granted 600,000 RSUs vesting quarterly over four (4) years from March 1, 2023.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Robins report in this DKNG Form 4?
Jason Robins (executive at DraftKings Inc., DKNG) reported that they acquired 67,914 shares, and gave up 32,838 shares at $23.84 to cover taxes or an exercise price on Mar 1, 2026. After these transactions the filing shows 3,608,739 shares held directly.
How many DKNG shares does Robins hold after this filing?
The filing shows 3,608,739 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for DKNG
Across the 20 sessions after earlier DKNG headlines, the stock closed higher 12 times and lower 7 times, with a median move of 2.8% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | DKNG | SPY |
|---|---|---|---|
| Mar 2, 2026 | DraftKings Outlines Expanded Growth Strategy and Unveils Plans to Launch Super App, "DraftKings Sports & Casino" | -0.1% | +0.1% |
| Feb 26, 2026 | DraftKings Secures License To Provide Its Top-Rated Online Sportsbook App in Arkansas on Behalf of Southland Casino Hotel | +2.4% | -0.6% |
| Feb 23, 2026 | DraftKings Launches Online Sportsbook in Puerto Rico, Expanding Access for Residents | -2.2% | -1.0% |
| Feb 17, 2026 | Needham reiterated coverage on DraftKings with a new price target | +3.8% | +0.2% |
| Feb 13, 2026 | DraftKings Reports Fourth Quarter Revenue Growth of 43% | -13.5% | +0.1% |
| Feb 6, 2026 | DraftKings Expands Prediction Markets Catalog in Deal With Crypto.comand 1 other headline that session | +4.3% | +1.9% |
Earlier insider filings at DKNG
- Feb 20, 2026Chief Accounting Officer Bradbury Erik sold $163,530 worth of shares (7,268 units at $22.50), decreasing direct ownership by 17% to 36,736 units (SEC Form 4)
- Feb 19, 2026Chief Accounting Officer Bradbury Erik was granted 43,923 shares and covered exercise/tax liability with 20,677 shares, increasing direct ownership by 112% to 44,004 units (SEC Form 4)
- Feb 19, 2026Chief Financial Officer Ellingson Alan Wayne was granted 24,965 shares and covered exercise/tax liability with 7,338 shares, increasing direct ownership by 13% to 152,487 units (SEC Form 4)
- Feb 19, 2026Officer Kalish Matthew was granted 51,464 shares and covered exercise/tax liability with 22,273 shares, increasing direct ownership by 0.50% to 5,822,300 units (SEC Form 4)
- Feb 19, 2026Chief Legal Officer Dodge R Stanton was granted 25,732 shares and covered exercise/tax liability with 11,258 shares, increasing direct ownership by 3% to 522,889 units (SEC Form 4)
Keep researching DKNG
- DKNG insider tradesEvery buy and sale reported by DraftKings Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- DKNG earnings historyPast DraftKings Inc. earnings releases, newest first.
- DKNG financial statementsRevenue, profit, cash flow and balance sheet from DraftKings Inc.'s SEC filings.
Quantisnow market dataNASDAQ
DKNG
DraftKings Inc.
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Services-Misc. Amusement & Recreation
- Listed since
- 2019
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