This is a routine director sale with no material impact. Monitor for actual execution on Form 4, but no trading action warranted. The sale is small relative to market cap and the insider is a director, not a C-suite executive.
Price Chart
Executive Summary
Director Woodrow Levin filed a Form 144 notice of intent to sell 34,234 shares of DraftKings Class A common stock, with an approximate market value of $880,017 based on the filing date. The shares were acquired through restricted stock vesting between 2021 and 2023 as compensation. This is a routine insider sale by a director, not an executive officer, and represents a small fraction of the company's $12.4B market cap.
Key Facts
- Director Woodrow Levin filed Form 144 to sell 34,234 shares of DKNG Class A common stock.
- Estimated sale value: $880,017 based on filing date.
- Shares originated from restricted stock vesting events between April 2021 and May 2023.
- Sale represents approximately 0.007% of DraftKings' $12.4B market cap.
- Form 144 is an advance notice of intent to sell; the actual sale may not occur.
Financial Impact
Proposed sale of $880,017 in DKNG stock by a director.
Risk Factors
- No material risk identified from this filing alone.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-003704 |
| Document: 0001959173-26-003704-index.html | 0001959173-26-003704 |
| Document: 0001959173-26-003704.txt | 0001959173-26-003704 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Court Ruling | $23.44 $19.00 | ▼ −18.94% | ▼ −19.26% | $18.59 (−20.69%) |
Aug 20, 2026 6w ago | Court Ruling | $25.03 $21.75 | ▼ −13.10% | ▼ −13.10% | $18.59 (−25.73%) |
Aug 19, 2026 6w ago | 144 | $25.31 $22.47 | ▼ −11.22% | ▼ −9.27% | $18.59 (−26.55%) |
Aug 7, 2026 8w ago | 8-K | $24.03 $24.01 | ▲ +0.08% | ▼ −0.31% | $18.59 (+22.64%) |
Aug 6, 2026 8w ago | Court Ruling | $22.17 $24.19 | ▲ +9.11% | ▲ +8.51% | $18.59 (−16.15%) |
Jul 29, 2026 9w ago | Court Ruling | $24.55 $24.78 | ▲ +0.94% | ▼ −4.08% | $18.59 (−24.28%) |
Jul 22, 2026 10w ago | Institutional Cluster | $22.83 $25.31 | ▲ +10.86% | ▲ +7.97% | $18.59 (−18.57%) |
Jun 26, 2026 14w ago | 8-K | $25.80 $23.01 | ▼ −10.81% | ▼ −10.53% | $18.59 (−27.95%) |
Jun 11, 2026 16w ago | 144 | $29.00 $26.48 | ▼ −8.71% | ▼ −10.49% | $18.59 (−35.90%) |
Jun 11, 2026 16w ago | Institutional Cluster | $30.02 $26.29 | ▼ −12.43% | ▼ −14.32% | $18.59 (−38.07%) |
US Market Status
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