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EdgarHawk

R Stanton Dodge

Chief Legal Officer

Officer

Latest: CLO selling · June 2026

15 filings analyzed · 1 company · Latest 2026-06-12

Companies

Company Buys Sells Direction
DraftKings Inc. DKNG 0 70 Net selling

Activity

June 2026
2026-06-12 DraftKings Inc. DKNG
low
Sell
62,500 shares
$1,855,202
Significance 4/10

CLO R Stanton Dodge sells 62,500 shares at $29.64–$29.97 via scheduled 10b5-1 plan; retains 556,258 shares plus 1,273,243 option grants.

R Stanton Dodge, Chief Legal Officer, executed 2 separate sales totaling 62,500 shares for $1,855,202.37 on 2026-06-11 under a pre-arranged 10b5-1 trading plan adopted on 2026-03-03. This represents a -10.1% reduction in non-derivative holdings, though his total position remains substantial at 556,258 shares plus 1,273,243 unexercised stock options. The blended average price of $29.68 occurs as DKNG trades -40.6% below its 52-week high of $48.78 and near the lower end of the 52-week range, reflecting near-term volatility; the stock has recovered +15.9% over the prior 30 days. Scheduled dispositions under 10b5-1 plans are automatic exercises of pre-committed sell schedules rather than discretionary timing decisions. His prior trades at DKNG show mixed post-transaction performance, with January 2026 sales followed by steep 30-day and 90-day declines, but November and December trades preceded gains or modest reversals. The context provides no basis to infer conviction, strategy, or concern—only that a legally-mandated execution occurred as designed.

January 2026
2026-01-22 DraftKings Inc. DKNG
medium
Sell
52,777 shares
$1,689,238
Significance 5/10

DraftKings CLO Stanton sold 52,777 shares in 2 transactions for $1,689,237.93; holds 500,000 shares post-sale.

Dodge R Stanton, Chief Legal Officer of DraftKings, executed 2 separate sales totaling 52,777 shares for $1,689,237.93 at blended average price $32.01 on 2026-01-20. The sale reduced his holdings by 9.5% to 500,000 shares. At the current price of $31.62, the stock has declined 8.4% over 30 days and sits 40.9% below its 52-week high of $53.49. Among Stanton's prior trades at DKNG, only 0 of 2 measurable 90-day outcomes on sells resulted in negative subsequent returns (the timing metric for sells). DraftKings remains unprofitable with negative net income of $-256,788,000.00 on recent quarterly revenue of $1,144,019,000.00, though the company posted annual revenue growth of +30.1% year-over-year. The transaction itself represents a substantial liquidation by a senior legal officer in a high-growth but unprofitable sports-betting platform.

December 2025
2025-12-02 DraftKings Inc. DKNG
medium
Sell
52,777 shares
$1,785,990
Significance 5/10

CLO Dodge R Stanton sells 52,777 shares at $33.23–$34.05; retains 512.2K; stock down 37.2% YTD.

Chief Legal Officer Dodge R Stanton sold 52,777 shares across two separate transactions on 2025-12-01 for a blended average price of $33.84, reducing his stake by 9.3% while retaining 512.2K shares. The 30-day return on this stock is +9.9%, though the stock remains significantly depressed at -37.2% from its 52-week high of $53.49. Stanton's prior sales at DKNG were well-timed at the 90-day mark (with post-sale declines of -28.7% and -28.0%), and his cross-ticker track record shows a 58.82% well-timed rate on prior sells. The sale occurs as the company continues to report significant losses (net income of $-256.8M in the latest quarter) despite strong revenue growth of +30.1%, leaving the stock in negative territory for the 90-day period (-29.5%) relative to execution price.

November 2025
2025-11-07 DraftKings Inc. DKNG
medium
Sell
52,777 shares
$1,530,533
Significance 5/10

CLO Dodge R Stanton sold 52,777 shares of DKNG at $29.00 on 2025-11-06; stock down 43.2% from 52-week high.

Dodge R Stanton, Chief Legal Officer, sold 52,777 shares at $29.00 on 2025-11-06, reducing his position by 9.5% to 500,454 shares post-transaction. The sale occurred as DraftKings trades 43.2% below its 52-week high and is down 29.1% over 90 days, suggesting a deteriorating price environment. His same-ticker DKNG history shows mixed timing: the most recent measurable sale (2025-08-05) achieved a well-timed 90-day outcome with -31.5% subsequent return, and the two early-September 2025 sales showed 30-day declines of 26.6% and 25.9%. The company remains unprofitable with net income of -$256,788,000.00 against $1,144,019,000.00 in quarterly revenue, though annual growth stands at 30.1%. Against his cross-ticker track record of modest timing success (90d well-timed rate 56.25%), this CLO's prior same-ticker sells have aligned with subsequent weakness, establishing a DKNG-specific execution pattern that investors should monitor.

October 2025
2025-10-22 DraftKings Inc. DKNG
medium
Sell
52,777 shares
$1,824,536
Significance 6/10

CLO Dodge R Stanton sells 52,777 shares for $1,824,535.69 at DKNG; stock down 20.8% in 30 days post-sale

Dodge R Stanton, Chief Legal Officer of DraftKings, executed 2 separate sales totaling 52,777 shares on 2025-10-17 for an aggregate $1,824,535.69 (blended average $34.57). This represents a 9.5% reduction in his holdings to 500,000 shares. The timing is notable: the stock has declined 20.8% over 30 days and 21.2% over 90 days since the sale, and is currently 35.1% below its 52-week high of $53.49. At the same ticker, his prior 4 measurable trades show mixed outcomes (2 of 4 generated positive 30-day returns; the sole 90-day-measurable prior trade posted a -19.2% decline). While the stock's recent weakness suggests his sales preceded further deterioration, his same-ticker timing pattern does not clearly validate prescience; cross-ticker, his 53.33% well-timed rate across 20 prior sells is marginally above random. The company remains fundamentally strong on revenue growth (+30.1% YoY) and profitability ($157.9M net income in latest quarter), though it was unprofitable on a full-year basis, warranting attention to the gap between quarterly and annual performance.

September 2025
2025-09-03 DraftKings Inc. DKNG
medium
Sell
105,554 shares
$5,000,047
Significance 5/10

DraftKings CLO Dodge Stanton sells 105,554 shares for $5.0M; fifth sale in four months at DKNG amid +41.4% 90-day stock run.

Dodge R Stanton, Chief Legal Officer, executed 2 separate sales totaling 105,554 shares for $5,000,046.52 at a blended average price of $47.37 on 2025-09-02, reducing his holdings from 617,735 to 512,181 shares (-17.1%). This marks his fifth open-market sale at DraftKings in four months (most recently 2025-08-05, 2025-07-18, 2025-06-18, and 2025-06-02), establishing a clear pattern of consistent liquidation. The timing context is notable: the stock has appreciated 41.4% over the past 90 days and currently sits at $47.68, just -10.9% from its 52-week high of $53.49. However, Stanton's prior sales at this ticker show minimal predictive value—only 1 prior sale is measurable at the 90-day horizon, yielding a +43.4% return (poorly timed for the seller), suggesting his prior liquidations have not preceded material declines. Against this backdrop, the recurring nature of the sales and the stock's strong recent momentum warrant attention to whether the pattern reflects portfolio rebalancing discipline or a shift in conviction regarding valuation.

August 2025
2025-08-07 DraftKings Inc. DKNG
medium
Sell
105,554 shares
$4,708,190
Significance 6/10

Chief Legal Officer Dodge R Stanton sells 105,554 shares for $4,708,190.02, reducing holdings by 17.4%

Dodge R Stanton, Chief Legal Officer of DraftKings Inc., executed 2 separate sales totaling 105,554 shares (105.6K shares) for $4,708,190.02 at blended average price $44.60 on 2025-08-05, reducing his holdings from 605,554 shares to 500,000 shares. The sale occurred while the stock trades at $45.20 current price, near its 52-week high range but -15.5% from the 52-week high of $53.49; notably, the stock is up +6.8% over the past 30 days and +24.8% over 90 days, suggesting recent upward momentum. At the same-ticker level, Stanton's prior 5 trades at DKNG include recent sells on 2025-07-18, 2025-06-18, and two on 2025-06-02, indicating a pattern of frequent open-market selling activity at this security. His measurable prior sell outcomes at DKNG show positive 30-day returns (+2.4% to +23.4%) but the sole 90-day outcome was +28.5% after his 2025-05-05 sale, meaning the stock rose significantly after that prior sale—a pattern inconsistent with well-timed insider selling. The company fundamentals show strong quarterly revenue of $1,512,507,000.00 and net income of $157,936,000.00, with annual revenue growth of +30.1%, though full-year net income was negative.

July 2025
2025-07-22 DraftKings Inc. DKNG
medium
Sell
105,554 shares
$4,594,766
Significance 4/10

CLO Dodge R Stanton sold 105.6K DKNG shares at $43.53; stock up 10.0% in 30d, though exec holds 500.0K post-sale

Dodge R Stanton, Chief Legal Officer of DraftKings, sold 105,554 shares for $4.6M on 2025-07-18 at $43.53, retaining 500.0K shares. The stock has rallied 10.0% over the prior 30 days and 30.9% over 90 days, suggesting the sale occurred in a strong uptrend rather than at a market peak ($43.53 is 16.7% below the 52-week high of $53.49). Notably, his one prior DKNG sale with a measurable 90-day outcome (2025-04-21) saw the stock rise 32.3% afterward—not a well-timed exit. His cross-ticker track record shows 20 prior sales with mixed results: avg 90-day return +0.9% (below breakeven for a "well-timed" exit), and only 46.67% were actually well-timed. The company remains unprofitable ($-33.9M net income) despite 30.1% annual revenue growth to $1.4B, creating asymmetric downside risk—yet the CLO's 500.0K remaining stake and recent execution in a rising market do not signal acute internal concern.

June 2025
2025-06-20 DraftKings Inc. DKNG
medium
Sell
158,331 shares
$6,174,909
Significance 5/10

DKNG CLO Dodge R Stanton sold 158,331 shares at $39.00 (6/18/25); stock since +14% in 30d, holds 504,381 shares post-sale.

Dodge R Stanton, Chief Legal Officer, sold 158,331 shares at $39.00 on 2025-06-18, reducing his holdings by -23.9% to 504,381 shares. His prior sales at DKNG have not been well-timed at the 90-day mark (0 of 0 prior sales resulted in subsequent declines), and his cross-ticker sell timing shows only a 50.00% well-timed rate. Since the June 18 sale, DKNG has appreciated 14.0% in the 30-day period, extending a recent rally in which the stock has gained +14.0% over 30 days and +2.6% over 90 days from higher 52-week levels. The company reported $1,408,806,000.00 in quarterly revenue with annual growth of +30.1%, but remains unprofitable with net income of $-33,864,000.00 for the latest quarter. The sale's significance lies in the large absolute size ($6,174,909.00) and concentration reduction, though the timing against recent price momentum and the insider's limited success predicting turns at this ticker merit observation.

2025-06-03 DraftKings Inc. DKNG
low
Sell
52,777 shares
$1,767,549
Significance 4/10

CLO Dodge R Stanton sold 52,777 shares for $1.8M at $33.49; post-sale holds 516.6K shares. Company unprofitable.

Chief Legal Officer Dodge R Stanton executed 2 separate sales totaling 52,777 shares for $1,767,549.11 on 2025-06-02, reducing his stake by 9.3% to 516.6K shares. The filing occurs against the backdrop of DraftKings' unprofitability (net income of $-33,864,000.00 in the latest quarter) despite strong revenue growth of 30.1% annually. At the transaction prices of $33.47–$33.89, the sales were executed at a blended average price of $33.49, which stands 2.4% below the current price of $34.32 and notably 35.8% below the 52-week high. His cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 38.46%, though specific prior outcomes at DKNG are not yet measurable at the 90-day horizon. The scale of this liquidation ($1.8M) and the insider's senior role (CLO with sustained material holdings) warrant tracking, but the modest size relative to remaining position and absence of compelling valuation signals limit immediate concern.

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