Matthew Kalish sold $18M of DKNG
See Remarks at DraftKings Inc.. 420,000 shares at an average of $42.79, traded Aug 11, 2025, filed Aug 12, 2025.
Score components
- +15RoleOfficer
- +25Trade size$18.0M at market
- 0Share of holdings soldSold 9.5% of holdings
- +15Cluster5 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 +6.4%, 3m -29.2%, 6m -37.1%.
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 0001104659-25-077045, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Aug 9, 2025 | MOption exercise Class A Common Stock10b5-1 | +28,309 | - | - | 4,203,921 | Aug 12, 2025 |
| Aug 9, 2025 | FTax withholding Class A Common Stock10b5-1 | -13,688 | $42.88 | $587k | 4,190,233 | Aug 12, 2025 |
| Aug 11, 2025 | MOption exercise Class A Common Stock10b5-1 | +210,000 | $3.29 | $691k | 4,400,233 | Aug 12, 2025 |
| Aug 11, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -210,000 | $42.68 | $9.0M | 4,190,233 | Aug 12, 2025 |
| Aug 12, 2025 | MOption exercise Class A Common Stock10b5-1 | +210,000 | $3.29 | $691k | 4,400,233 | Aug 12, 2025 |
| Aug 12, 2025 | SOpen-market sale Class A Common Stock10b5-1 | -210,000 | $42.90 | $9.0M | 4,190,233 | Aug 12, 2025 |
| Aug 9, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -28,309 | $0.00 | $0 | 56,617 | Aug 12, 2025 |
| Aug 11, 2025 | MOption exercise Stock optionderivative10b5-1 | -210,000 | $0.00 | $0 | 483,488 | Aug 12, 2025 |
| Aug 12, 2025 | MOption exercise Stock optionderivative10b5-1 | -210,000 | $0.00 | $0 | 273,488 | Aug 12, 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.