Paul Liberman sold $12M of DKNG
See Remarks at DraftKings Inc.. 484,417 shares at an average of $25.16, traded Mar 11, 2026, filed Mar 12, 2026.
Score components
- +15RoleOfficer
- +25Trade size$12.2M at market
- +5Share of holdings soldSold 23% of holdings
- +15Cluster3 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.
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 0001810204-26-000008, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Mar 11, 2026 | MOption exercise Class A Common Stockindirect: Held by the Paul Liberman 2015 Revocable Trust10b5-1 | +430,547 | $0.63 | $271k | 2,100,502 | Mar 12, 2026 |
| Mar 11, 2026 | SOpen-market sale Class A Common Stockindirect: Held by the Paul Liberman 2015 Revocable Trust10b5-1 | -430,547 | $25.16 | $11M | 1,669,955 | Mar 12, 2026 |
| Mar 11, 2026 | MOption exercise Class A Common Stockindirect: Held by the Paul Liberman 2020 Irrevocable Trust10b5-1 | +53,870 | $0.63 | $34k | 267,467 | Mar 12, 2026 |
| Mar 11, 2026 | SOpen-market sale Class A Common Stockindirect: Held by the Paul Liberman 2020 Irrevocable Trust10b5-1 | -53,870 | $25.16 | $1.4M | 213,597 | Mar 12, 2026 |
| Mar 11, 2026 | MOption exercise Stock Optionsderivativeindirect: Held by the Paul Liberman 2015 Revocable Trust10b5-1 | -430,547 | $0.00 | $0 | 0 | Mar 12, 2026 |
| Mar 11, 2026 | MOption exercise Stock Optionsderivativeindirect: Held by the Paul Liberman 2020 Irrevocable Trust10b5-1 | -53,870 | $0.00 | $0 | 0 | Mar 12, 2026 |
Related signals
Other insiders at DraftKings Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 37Weak | DraftKings Inc. | Jocelyn Moore director | $55k 2,150 shares | -60% | |
| 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% | |
| 5Weak | DraftKings Inc. | R Stanton Dodge Chief Legal Officer | $1.8M 52,777 shares | -9% | |
| 23Weak | DraftKings Inc. | Alan Wayne Ellingson Chief Financial Officer | $246k 8,421 shares | -6% | |
| 66Notable | DraftKings Inc. | Harry Sloan director | $758k 25,000 shares | +11% | |
| 63Notable | DraftKings Inc. | Gregory Westin Wendt director | $303k 10,000 shares | - | |
| 13Weak | DraftKings Inc. | R Stanton Dodge Chief Legal Officer | $1.5M 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.