Summary by Futu AI
DraftKings Inc. executive Matthew Kalish executed a mixed transaction involving the company's Class A Common Stock on August 9, 2024. Kalish acquired 28,309 shares through the exercise of derivative securities and subsequently disposed of 13,688 shares to cover exercise prices or tax liabilities. The disposed shares were sold at a price of $30.34 each, totaling a market value of $415,293.92. Following these transactions, Kalish directly owns 3,486,003 shares of DraftKings. Additionally, Kalish has an indirect interest in 196,279 shares held by the Kalish Family 2020 Irrevocable Trusts. The transactions are reported to be in progress.