Form 4: Dwayne Johnson Reports Stock Activity in TKO Group Holdings
SEC Form 4
Dwayne Johnson, a director of TKO Group Holdings, reports the vesting of restricted stock units and subsequent ownership of Class A Common Stock.
Summary
- Dwayne Johnson, a director of TKO Group Holdings, filed a Form 4 with the SEC.
- The report details the vesting of 8,046 restricted stock units (RSUs) on February 28, 2025, which converted into Class A Common Stock.
- Following the transaction, Johnson directly owns 305,766 shares of Class A Common Stock and 80,465 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: This is a routine filing reflecting scheduled vesting of stock options, indicating a neutral sentiment.
Future Outlook
The remaining portion of the RSUs vest in twelve substantially equal monthly installments on the last day of the month for the period from January 31, 2025 through December 31, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.
Stakeholder Impact
- The vesting of RSUs could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| January 23, 2024 | Reporting Person was granted 193,115 RSUs, one half of which vested on December 31, 2024. |
| January 22, 2024 | Date of Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement, between the Issuer and the Reporting Person. |
| December 31, 2024 | One half of the 193,115 RSUs granted on January 23, 2024 vested. |
| February 28, 2025 | Vesting of 8,046 restricted stock units (RSUs). |
| January 31, 2025 December 31, 2025 | Remaining portion of the RSUs vest in twelve substantially equal monthly installments on the last day of the month. |
| March 03, 2025 | Date of signature on the Form 4 filing. |
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