Matthew Kalish sold $18M of DKNG
See Remarks at DraftKings Inc.. 420,000 shares at an average of $41.97, traded Mar 3, 2025, filed Mar 4, 2025.
Score components
- +15RoleOfficer
- +25Trade size$17.6M at market
- 0Share of holdings soldSold 9.7% of holdings
- +15Cluster6 insiders selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -21.6%, 3m -16.9%, 6m +16.0%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001104659-25-020530, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Mar 1, 2025 | MOption exercise Class A Common Stock10b5-1 | +22,059 | - | - | 4,143,732 | Mar 4, 2025 |
| Mar 1, 2025 | FTax withholding Class A Common Stock10b5-1 | -10,666 | $43.86 | $468k | 4,133,066 | Mar 4, 2025 |
| Mar 1, 2025 | MOption exercise Class A Common Stock10b5-1 | +9,649 | - | - | 4,142,715 | Mar 4, 2025 |
| Mar 1, 2025 | FTax withholding Class A Common Stock10b5-1 | -4,666 | $43.86 | $205k | 4,138,049 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Class A Common Stock10b5-1 | +157,826 | $3.82 | $603k | 4,295,875 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Class A Common Stock10b5-1 | +52,174 | $3.29 | $172k | 4,348,049 | Mar 4, 2025 |
| Mar 3, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -50,532 | $41.84 | $2.1M | 4,297,517 | Mar 4, 2025 |
| Mar 3, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -43,146 | $43.10 | $1.9M | 4,254,371 | Mar 4, 2025 |
| Mar 3, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -116,322 | $44.05 | $5.1M | 4,138,049 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Class A Common Stock10b5-1 | +3,251 | - | - | 4,141,300 | Mar 4, 2025 |
| Mar 3, 2025 | FTax withholding Class A Common Stock10b5-1 | -791 | $47.29 | $37k | 4,140,509 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Class A Common Stockindirect: Held by Kalish Family 2020 Irrevocable Trusts10b5-1 | +40 | - | - | 196,319 | Mar 4, 2025 |
| Mar 3, 2025 | FTax withholding Class A Common Stockindirect: Held by Kalish Family 2020 Irrevocable Trusts10b5-1 | -10 | $47.29 | $473 | 196,309 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Class A Common Stockindirect: Held by Matthew P. Kalish 2020 Trust10b5-1 | +3,883 | - | - | 3,883 | Mar 4, 2025 |
| Mar 3, 2025 | FTax withholding Class A Common Stockindirect: Held by Matthew P. Kalish 2020 Trust10b5-1 | -945 | $47.29 | $45k | 2,938 | Mar 4, 2025 |
| Mar 4, 2025 | MOption exercise Class A Common Stock10b5-1 | +189,927 | $3.29 | $625k | 4,330,436 | Mar 4, 2025 |
| Mar 4, 2025 | MOption exercise Class A Common Stock10b5-1 | +20,073 | $3.29 | $66k | 4,350,509 | Mar 4, 2025 |
| Mar 4, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -92,672 | $39.77 | $3.7M | 4,257,837 | Mar 4, 2025 |
| Mar 4, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -50,530 | $40.91 | $2.1M | 4,207,307 | Mar 4, 2025 |
| Mar 4, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -65,570 | $41.53 | $2.7M | 4,141,737 | Mar 4, 2025 |
| Mar 4, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -1,228 | $42.28 | $52k | 4,140,509 | Mar 4, 2025 |
| Mar 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -22,059 | $0.00 | $0 | 176,470 | Mar 4, 2025 |
| Mar 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -9,649 | $0.00 | $0 | 115,794 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Stock Optionderivative10b5-1 | -157,826 | $0.00 | $0 | 0 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Stock Optionderivative10b5-1 | -52,174 | $0.00 | $0 | 189,927 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Warrant for Common Stockderivative10b5-1 | -3,251 | $0.00 | $0 | 0 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Warrant for Common Stockderivativeindirect: Held by Kalish Family 2020 Irrevocable Trusts10b5-1 | -40 | $0.00 | $0 | 0 | Mar 4, 2025 |
| Mar 3, 2025 | MOption exercise Warrant for Common Stockderivativeindirect: Held by Matthew P. Kalish 2020 Trust10b5-1 | -3,883 | $0.00 | $0 | 0 | Mar 4, 2025 |
| Mar 4, 2025 | MOption exercise Stock Optionderivative10b5-1 | -189,927 | $0.00 | $0 | 0 | Mar 4, 2025 |
| Mar 4, 2025 | MOption exercise Stock Optionderivative10b5-1 | -20,073 | $0.00 | $0 | 1,113,488 | Mar 4, 2025 |
Related signals
Other insiders at DraftKings Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 28Weak | DraftKings Inc. | Jocelyn Moore director | $259k 10,759 shares | -85% | |
| 10Weak | DraftKings Inc. | R Stanton Dodge Chief Legal Officer | $1.9M 62,500 shares | -10% | |
| 3Weak | DraftKings Inc. | Erik Bradbury Chief Accounting Officer | $22k 862 shares | -2% | |
| 66Notable | DraftKings Inc. | Woodrow Levin director | $880k 34,234 shares | -53% | |
| 37Weak | DraftKings Inc. | Jocelyn Moore director | $55k 2,150 shares | -60% | |
| 25Weak | DraftKings Inc. | Paul Liberman See Remarks | $12M 484,417 shares | -23% | |
| 3Weak | DraftKings Inc. | Erik Bradbury Chief Accounting Officer | $71k 2,883 shares | -7% | |
| 11Weak | DraftKings Inc. | Erik Bradbury Chief Accounting Officer | $164k 7,268 shares | -17% | |
| 64Notable | DKNGbuy DraftKings Inc. | Harry Sloan director | $2.2M 100,000 shares | +40% | |
| 5Weak | DraftKings Inc. | R Stanton Dodge Chief Legal Officer | $1.7M 52,777 shares | -10% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.