Summary by Futu AI
Alan Wayne Ellingson, the Chief Financial Officer of DraftKings Inc., completed a sale of 1,387 shares of Class A Common Stock on August 1, 2024. The transaction was executed at a price of $35.49 per share, resulting in a total market value of $49,224.63. Following this transaction, Ellingson's direct holdings in DraftKings amount to 12,882 shares. The sale was reported alongside an acquisition of 4,310 shares through the exercise or conversion of derivative securities on the same date. This financial activity reflects the latest stock transactions by a key insider at DraftKings, providing investors with insights into executive movements within the company.