Form 4: Endeavor Group Holdings Executive Chairman Whitesell Reports Unit Redemption and Share Dispositions

Patrick Whitesell, Executive Chairman of Endeavor Group Holdings, reports the redemption of common units and subsequent disposition of Class X and Class Y common stock, alongside transactions involving Endeavor Operating Company Units.

Summary

• Patrick Whitesell, the Executive Chairman of Endeavor Group Holdings, filed a Form 4 detailing changes in beneficial ownership.
• On September 20, 2024, and September 24, 2024, Whitesell disposed of 27,816 and 149,280 shares of both Class X and Class Y Common Stock, respectively, at a price of $0 per share.
• These dispositions resulted from the redemption of common units issued by Endeavor Executive Holdco, LLC.
• The transactions did not involve a sale of Class A Common Stock by Whitesell.
• Whitesell also reported transactions involving Endeavor Operating Company Units, acquiring and disposing of units on the same dates, also at $0.
• Following these transactions, Whitesell indirectly owns 27,546,626 shares of Class X and Class Y Common Stock.
• Whitesell directly owns 8,928,168 shares of Class X and Class Y Common Stock.
• Whitesell indirectly owns 24,273,125 Endeavor Operating Company Units and directly owns 2,968,279 units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions may be of interest to shareholders as they reflect changes in the ownership structure of the company.

Key Dates