| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Sale | -$52.1 K | -1.45 K | -17.55% | $35.92 | 6.81 K | Jun 5, 2024 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Sale | -$51.4 K | -1.4 K | -20.59% | $36.66 | 5.41 K | Jun 6, 2024 | Direct | F1 |
| holding | DKNG | Class A Common Stock | 26.2 K | Jun 5, 2024 | The Mustard Seed Living Trust |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The "sell to cover" transactions were effected pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on November 30, 2023 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. |