DraftKings Inc. Chief Legal Officer Stanton Dodge filed a Form 4 on November 3, 2026, disclosing the vesting of restricted stock units and a related tax-withholding share disposition occurring on November 1, 2026.

Key Highlights

  • RSU vesting: 1,475 restricted stock units vested on November 1, 2026, each representing a contingent right to receive one share of DraftKings Class A Common Stock.
  • Tax withholding: 646 shares of Class A Common Stock were withheld by the issuer to satisfy withholding taxes at a price of $20.91 per share.
  • Net shares received: The reporting person received the net of 1,475 shares less the 646 shares withheld, retaining 579,104 shares of Class A Common Stock directly after the transactions.
  • Remaining RSUs: Following the transaction, Stanton Dodge held 5,903 restricted stock units directly.
  • Original grant: According to the filing, on February 17, 2026, the reporting person was granted 17,707 RSUs vesting monthly over one year from March 1, 2026.
  • No open-market sale: The filing states that "no shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes."

RSU Vesting and Tax Withholding Details for DraftKings Chief Legal Officer

According to the Form 4 filed with the U.S. Securities and Exchange Commission on November 3, 2026, Stanton Dodge, Chief Legal Officer of DraftKings Inc. (NASDAQ:DKNG), reported two transactions in Class A Common Stock on November 1, 2026. The first was an acquisition coded "M," reflecting the vesting of 1,475 restricted stock units from Table II. The second was a disposition coded "F," representing 646 shares withheld by the issuer at $20.91 per share to cover applicable withholding taxes.

The filing clarifies that the RSUs were originally granted on February 17, 2026, as part of an award of 17,707 RSUs vesting monthly over one year beginning March 1, 2026. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock, and the derivative security carried a reported price of $0. After the vesting and withholding transactions, the reporting person directly held 579,104 shares of Class A Common Stock and 5,903 RSUs remaining.

The Form 4 was signed by Faisal Hasan as attorney-in-fact on November 3, 2026. All reported ownership is listed as direct. No indirect beneficial ownership was disclosed in connection with these transactions.

What Was Disclosed

DraftKings CLO Stanton Dodge disclosed the vesting of 1,475 RSUs and the withholding of 646 shares at $20.91 for tax purposes on November 1, 2026, leaving direct holdings of 579,104 shares of Class A Common Stock and 5,903 remaining RSUs.