Form 4: DraftKings CFO Reports Stock Transaction
Insider Transaction (Form 4)
Alan Wayne Ellingson, Chief Financial Officer of DraftKings Inc., reported multiple transactions in common stock on August 1, 2026.
Summary
- Option exercise/conversion: acquired 4,310 Class A Common Stock on August 1, 2026; holds 181,129 after (Direct).
- Tax/exercise-price withholding: disposed of 2,084 Class A Common Stock at $23.48 ($48,932) on August 1, 2026; holds 179,045 after (Direct).
- Option exercise/conversion: disposed of 4,310 Restricted Stock Units on August 1, 2026; holds 30,171 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Alan Wayne Ellingson — Officer (Chief Financial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-01 | Option exercise/conversion | Class A Common Stock | 4,310 | — | — | 181,129 |
| 2026-08-01 | Tax/exercise-price withholding | Class A Common Stock | 2,084 | $23 | $48.9K | 179,045 |
| 2026-08-01 | Option exercise/conversion | Restricted Stock Units | 4,310 | — | — | 30,171 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-01 | Option exercise/conversion (4,310 shares) |
| 2026-08-01 | Tax/exercise-price withholding (2,084 shares) |
| 2026-08-01 | Option exercise/conversion (4,310 shares) |
Keywords
insider transaction, Form 4, DKNG, DraftKings Inc., neutral, Alan Wayne Ellingson
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