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sellWeak cluster of 210b5-1 plan

Paul Liberman sold $25M of DKNG

See Remarks at DraftKings Inc.. 643,654 shares at an average of $38.95, traded Mar 25, 2025, filed Mar 27, 2025.

Warning score
38
Value
$25M
643,654 shares
Holdings after
0
-48% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Officer
    +15
  • Trade size
    $25.1M at market
    +25
  • Share of holdings sold
    Sold 48% of holdings
    +10
  • Cluster
    2 insiders selling within 14 days
    +8
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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 -8.8%, 3m +14.0%, 6m +15.9%.

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.

DKNGOct 12, 2026 · close 19.66
Since filing Mar 27, 2025: -46.9%SPY +39.5% · excess -86.4%

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 0001104659-25-028885, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 25, 2025SOpen-market sale
Class A Common Stockindirect: Held by the Paul Liberman 2015 Revocable Trust10b5-1
-445,575$38.80$17M897,147Mar 27, 2025
Mar 25, 2025SOpen-market sale
Class A Common Stockindirect: Held by the Paul Liberman 2015 Revocable Trust10b5-1
-122,497$39.45$4.8M774,650Mar 27, 2025
Mar 25, 2025SOpen-market sale
Class A Common Stockindirect: Held by the Paul Liberman 2015 Revocable Trust10b5-1
-6,928$40.38$280k767,722Mar 27, 2025
Mar 25, 2025SOpen-market sale
Class A Common Stockindirect: Held by the Paul Liberman 2020 Trust10b5-1
-46,951$38.65$1.8M21,703Mar 27, 2025
Mar 25, 2025SOpen-market sale
Class A Common Stockindirect: Held by the Paul Liberman 2020 Trust10b5-1
-21,082$39.43$831k621Mar 27, 2025
Mar 25, 2025SOpen-market sale
Class A Common Stockindirect: Held by the Paul Liberman 2020 Trust10b5-1
-621$40.45$25k0Mar 27, 2025

Related signals

Other insiders at DraftKings Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
28Weak
DKNGsell10b5-1
DraftKings Inc.
Jocelyn Moore
director
$259k
10,759 shares
-85%
10Weak
DKNGsell10b5-1
DraftKings Inc.
R Stanton Dodge
Chief Legal Officer
$1.9M
62,500 shares
-10%
3Weak
DKNGsell 210b5-1
DraftKings Inc.
Erik Bradbury
Chief Accounting Officer
$22k
862 shares
-2%
66Notable
DKNGsell 2
DraftKings Inc.
Woodrow Levin
director
$880k
34,234 shares
-53%
37Weak
DKNGsell 310b5-1
DraftKings Inc.
Jocelyn Moore
director
$55k
2,150 shares
-60%
25Weak
DKNGsell 310b5-1
DraftKings Inc.
Paul Liberman
See Remarks
$12M
484,417 shares
-23%
3Weak
DKNGsell 310b5-1
DraftKings Inc.
Erik Bradbury
Chief Accounting Officer
$71k
2,883 shares
-7%
11Weak
DKNGsell10b5-1
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
DKNGsell10b5-1
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.

Paul Liberman sold $25M of DKNG | InsiderTell