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DraftKings | 4: Statement of changes in beneficial ownership of securities-Director SLOAN HARRY

SEC announcement ·  Jun 15 08:05
Summary by Futu AI
Harry Sloan, associated with DraftKings Inc. [DKNG], completed a gift transaction of 500,000 shares of Class A Common Stock on 06/13/2024. The shares were transferred at no cost, leaving Sloan with 315,587 shares held directly after the transaction. Concurrently, an indirect transaction through The Harry Sloan 2024 QTIP Trust involved acquiring the same number of shares on the same date. The following day, on 06/14/2024, the trust sold 250,000 shares at a price of $38.15 per share, totaling $9,537,500 in market value. This sale is part of an ongoing transaction, with 250,000 shares remaining in the trust after the sale.
Harry Sloan, associated with DraftKings Inc. [DKNG], completed a gift transaction of 500,000 shares of Class A Common Stock on 06/13/2024. The shares were transferred at no cost, leaving Sloan with 315,587 shares held directly after the transaction. Concurrently, an indirect transaction through The Harry Sloan 2024 QTIP Trust involved acquiring the same number of shares on the same date. The following day, on 06/14/2024, the trust sold 250,000 shares at a price of $38.15 per share, totaling $9,537,500 in market value. This sale is part of an ongoing transaction, with 250,000 shares remaining in the trust after the sale.
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