DraftKings Inc. — Director's Dealing 2026

Feb 18, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DraftKings Inc. (DKNG)
CIK: 0001883685
Period of Report: 2026-02-13

Reporting Person: Liberman Paul (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-13	Class A Common Stock	A	51464	—	Acquired	271110	Direct
2026-02-13	Class A Common Stock	F	22273	$21.76	Disposed	248837	Direct
2026-02-18	Class A Common Stock	G	200000	—	Disposed	48837	Direct
2026-02-18	Class A Common Stock	G	200000	—	Acquired	200000	Indirect
2026-02-18	Class A Common Stock	M	400000	$3.29	Acquired	1669955	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-17	Restricted Stock Units	$	A	531208	Acquired		Class A Common Stock (531208)	Direct
2026-02-18	Stock Options	$3.29	M	400000	Disposed	2028-05-03	Class A Common Stock (400000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	213597	Indirect
Class A Common Stock	200000	Indirect
Class A Common Stock	100000	Indirect

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F2: Represents the vesting of the RSUs granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals. No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 51,464 shares of Class A Common Stock underlying the RSUs listed in Table I, and 22,273 shares of Class A Common Stock withheld by the Issuer.

F3: Reflects the transfer of 588,074 shares of the Issuer's Class A Common Stock previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.

F4: Represents a bona fide gift of 200,000 shares of Class A Common Stock previously reported as directly held by the Reporting Person to the Rachel Nager Liberman 2015 Revocable Trust. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.

F5: The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash.

F6: On February 17, 2026, the Reporting Person was granted 531,208 RSUs vesting quarterly over four (4) years from March 1, 2026.

F7: These stock options were granted on May 3, 2018. As of the date hereof, all such remaining stock options have vested.