Jason Robins exercised DraftKings Options covering 126,566 shares across four transactions on 2026-09-01, with 126,566 derivative securities exercised at $0 per share. For investors tracking insider ownership, the sequence included forfeitures and a gift, leaving Robins with 3,718,932 shares and 821,160 derivative securities.
Key Highlights
- Jason Robins forfeited 61,197 DraftKings shares across four transactions at $23.44 per share.
- Robins gifted 12,000 DraftKings shares on 3 September 2026.
- His reported derivative-securities balance after the exercises was 821,160.
A DraftKings Inc. (NASDAQ: DKNG) Form 4 reported Jason Robins’ exercise of options covering 126,566 shares across four transactions on 1 September 2026. The same date’s derivative-securities exercise involved 126,566 instruments at $0 per share, while a separate forfeiture covered 61,197 shares at $23.44 per share. A gift on 3 September 2026 followed those transactions, leaving Robins with 3,718,932 DraftKings shares and 821,160 derivative securities.
$23.44 Forfeiture and September 3 Gift
Robins’ reported share balance after the option exercises was 3,759,292. His subsequent forfeiture transactions reduced that balance to 3,730,932, with all four forfeitures dated 1 September 2026 and priced at $23.44 per share. The later gift transferred 12,000 DraftKings shares on 3 September 2026. Following that transaction, Robins held 3,718,932 shares. The derivative-securities balance following the four exercises stood at 821,160.
FAQs
Q: How many DraftKings options did Jason Robins exercise?
A: Jason Robins exercised options covering 126,566 DraftKings shares across four transactions on 1 September 2026. The related derivative securities were exercised at $0 per share.
Q: What happened to Jason Robins’ DraftKings share holdings?
A: Robins’ reported DraftKings share balance moved to 3,730,932 after forfeiting 61,197 shares. A later gift of 12,000 shares left him with 3,718,932 shares.
Q: What derivative securities does Jason Robins own?
A: Following the option exercises, Jason Robins owned 821,160 DraftKings derivative securities. All four exercises occurred on 1 September 2026 under SEC transaction code M.
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