Form 4: DraftKings Director Jocelyn Moore Reports Stock Transaction
SEC Form 4 Filing
Director Jocelyn Moore reports the vesting of restricted stock units and acquisition of Class A Common Stock.
Summary
- Jocelyn Moore, a director of DraftKings Inc., reported a transaction involving Class A Common Stock.
- On May 19, 2025, 6,969 Restricted Stock Units (RSUs) vested, each representing a contingent right to receive one share of Class A Common Stock.
- Moore acquired 6,969 shares of Class A Common Stock upon the vesting of these RSUs.
- Following the transaction, Moore directly owns 9,083 shares of Class A Common Stock and indirectly owns 25,648 shares through The Mustard Seed Living Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Positives
- The vesting of RSUs indicates that performance milestones or time-based conditions have been met.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Key Dates
| Date | Description |
|---|---|
| July 30, 2024 | Date the Restricted Stock Units (RSUs) were granted. |
| May 19, 2025 | Date of the transaction: vesting of RSUs and acquisition of Class A Common Stock. |
| May 21, 2025 | Date of the Form 4 filing. |
Keywords
DraftKings, DKNG, Form 4, Jocelyn Moore, Director, Restricted Stock Units, RSUs, Class A Common Stock, Beneficial Ownership, Transaction
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