What is the market impact of DraftKings Inc.'s 4 filing?

A CFO's open-market purchase of nearly $350K is a tangible insider confidence signal. Extended-hours last trade at $18.82, up 0.64% vs regular close and 0.69% vs price at filing.

What are the key takeaways from DraftKings Inc.'s 4 filing?

CFO purchased 18,908 shares at $18.51 per share. • Total transaction value was $349,987.08. • Not executed under a 10b5-1 trading plan. • Post-purchase ownership stands at 214,692 shares.

4 Featured Impact 8/10 Insider Transaction

$DKNG · DraftKings Inc.

November 9, 2026 · AI-analyzed SEC filing · Verify material figures against the official SEC.gov filing

View original filing on SEC.gov → All SEC filings →

Summary

DraftKings CFO Alan Wayne Ellingson reported an open-market purchase of 18,908 shares at $18.51 per share, totaling $349,987.08. The transaction was not made under a 10b5-1 plan. Following the purchase, Ellingson owns 214,692 shares.

Key points

CFO purchased 18,908 shares at $18.51 per share.
Total transaction value was $349,987.08.
Not executed under a 10b5-1 trading plan.
Post-purchase ownership stands at 214,692 shares.

Insider transaction — significant buy

InsiderEllingson Alan Wayne (Chief Financial Officer)

Actionpurchase

Shares18,908

Price$18.51

Total value$349,987.08

Owned after214,692

Market impact

Extended-hours last trade at $18.82, up 0.64% vs regular close and 0.69% vs price at filing.

Why this matters

A CFO's open-market purchase of nearly $350K is a tangible insider confidence signal.

Sector context

_Not applicable._

Risk factors

Insider purchases signal confidence but do not guarantee future performance.

Related tickers

$DKNG

Related & recent SEC filings

All $DKNG SEC filings → $DKNG Congress trades → Research $DKNG →

$DKNG · DraftKings Inc.

Get filings like this before the market reacts.