Summary by Futu AI
On August 26, 2024, Paul Liberman, associated with DraftKings Inc. [DKNG], engaged in a series of stock transactions. Liberman acquired a total of 88,441 shares of Class A Common Stock indirectly through the Paul Liberman 2015 Revocable Trust at a price of $0.63 per share, as part of an exercise or conversion of derivative security. On the same day, Liberman disposed of an equivalent number of shares, 88,441, at prices ranging from $35.56 to $36.25 per share in open market sales. Following these transactions, the trust held 2,498,483 shares of DraftKings' Class A Common Stock. The total market value of the disposed shares amounted to approximately $3,151,844.71.