Summary by Futu AI
On September 25, 2024, Paul Liberman, associated with DraftKings Inc. through indirect beneficial ownership, completed a substantial sale of DraftKings' Class A Common Stock. The transactions were conducted in the open market, with Liberman disposing of a total of 643,654 shares. The sales occurred at prices ranging from $40.76 to $41.63 per share, resulting in a total market value of approximately $26.54 million. Following these transactions, the amount of securities beneficially owned by Liberman, through various trusts, was reported to be 200,000 shares. This action reflects a significant change in Liberman's holdings in the company, and it may interest investors monitoring insider activity and company stock performance.