DraftKings Inc. CFO purchases $349,987 in DKNG shares on the open market
An open-market purchase on Nov 9, reported to the SEC on Nov 9.
Alan Wayne Ellingson, a chief financial officer of DraftKings Inc. (DKNG), bought 18,908 shares on Nov 9 at an average price of $18.51, a total of $349,987, according to a Form 4 filed with the SEC on Nov 9.
It is an open-market purchase (transaction code P) of common stock, the kind of trade insiders make with their own money. With this purchase the insider holds 214,692 shares, 9.7% more than before.
The trade was reported within two business days, as Section 16 requires.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | DraftKings Inc. (DKNG) |
|---|---|
| Insider | Alan Wayne Ellingson |
| Role | CFO |
| Transaction | Open-market purchase (code P) |
| Shares | 18,908 |
| Average price | $18.51 |
| Value | $349,987 |
| Trade date | Nov 9, 2026 |
| Filed with the SEC | Nov 9, 2026, 4:12 PM ET |
| Shares held after | 214,692 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.