Summary by Moomoo AI
DraftKings Inc. officer Matthew Kalish is set to sell 1,150,000 shares of common stock on 02/28/2024, with an aggregate market value of approximately $47,702,000. The shares were acquired through various transactions dating from 10/20/2020 to 02/09/2023, primarily as compensation in the form of performance and restricted stock awards, as well as through option exercises. This planned sale follows a recent history of transactions over the past three months, where a total of 484,160 shares were sold for gross proceeds of $17,674,599.38.