Monitor for follow-up filings or commentary on whether this is part of a planned 10b5-1 plan. The scale of the sale, particularly by a key insider, could signal reduced confidence ahead of earnings or regulatory developments in sports betting.
Price Chart
Executive Summary
DraftKings insider Paul Liberman exercised options for over 861,000 shares and sold 430,547 shares in the open market for $10.8 million, while director Jocelyn Moore sold $55,040 worth of shares. The majority of the activity is tied to option exercises and a large open-market sale by a single insider.
Key Financial Metrics
Key Facts
- Paul Liberman exercised derivative securities for 861,094 shares (two transactions: one at $0.63 and one at $0), indicating option exercise.
- Liberman sold 430,547 shares at $25.16 for total proceeds of $10.83 million in open-market transaction (Form 4 code S).
- Director Jocelyn Moore sold 2,150 shares at $25.60 for $55,040, also in open market.
- Total open-market sales in cluster: $10.89 million.
- Sales represent approximately 0.085% of DraftKings' $12.8B market cap.
Financial Impact
$10.89 million in open-market insider sales over 7 days
Risk Factors
- Large insider sale may signal lack of confidence in near-term valuation or sector headwinds.
- Potential for increased share supply in market, adding downward pressure.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (4 trades, 7d window) | cluster-DKNG-1773698814671 |
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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