=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-20
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: DraftKings Inc. (DKNG)
CIK: 0001883685
--- Reporting Owner ---
Name: Dodge R Stanton
CIK: 0001404430
Role: Officer (Chief Legal Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-01-20 | Code: M (Exercise of derivative)
Shares: +40,066 | Price: $2.95
Total Value: $118,194.70
Shares Owned After: 552,777 | Ownership: D (Direct)
Footnotes:
[F1] The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-01-20 | Code: S (Open market sale)
Shares: -30,433 | Price: $31.77
Total Value: $966,856.41
Shares Owned After: 522,344 | Ownership: D (Direct)
Footnotes:
[F2] The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 13, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
[F3] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.24 to $32.23, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 3 and 4 to this Form 4.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-01-20 | Code: S (Open market sale)
Shares: -22,344 | Price: $32.33
Total Value: $722,381.52
Shares Owned After: 500,000 | Ownership: D (Direct)
Footnotes:
[F2] The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 13, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
[F4] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.24 to $32.99, inclusive. See the last sentence of footnote 3 to this Form 4 above.
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Option
Date: 2026-01-20 | Code: M (Exercise of derivative)
Shares: -40,066 | Price: $0.00
Exercisable: N/A | Expires: 2027-11-02
Shares Owned After: 1,335,743 | Ownership: D (Direct)
Footnotes:
[F5] These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested. The Reporting Person's beneficial holdings in Column 9 reflect an adjustment to correct a previous filing made on December 2, 2025, which incorrectly reported 1,468,728 stock options.
[F5] These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested. The Reporting Person's beneficial holdings in Column 9 reflect an adjustment to correct a previous filing made on December 2, 2025, which incorrectly reported 1,468,728 stock options.
--- Footnotes (Complete Index) ---
F1: The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash.
F2: The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 13, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.24 to $32.23, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 3 and 4 to this Form 4.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.24 to $32.99, inclusive. See the last sentence of footnote 3 to this Form 4 above.
F5: These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested. The Reporting Person's beneficial holdings in Column 9 reflect an adjustment to correct a previous filing made on December 2, 2025, which incorrectly reported 1,468,728 stock options.
--- Signature ---
/s/ /s/ Faisal Hasan, attorney-in-fact (2026-01-22)
