Form 4: DraftKings Director Ryan R. Moore Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ryan R. Moore reports acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) in DraftKings Inc.
Summary
- On April 30, 2024, Ryan R. Moore, a director of DraftKings Inc., reported changes in beneficial ownership.
- Moore acquired 436 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Moore also disposed of 436 RSUs.
- Following these transactions, Moore directly owns 51,262 shares of Class A Common Stock and 0 RSUs.
- The RSUs were granted in lieu of a quarterly cash retainer and became fully vested on April 30, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies like DraftKings. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction (acquisition and disposal of securities) |
| 04/30/2024 | RSUs were granted and became fully vested |
| 05/02/2024 | Date of signature on the Form 4 filing |
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