Form 4: Dwayne 'The Rock' Johnson Converts Restricted Stock Units into TKO Group Holdings Shares

TKO Group Holdings Director Dwayne D. Johnson has converted 8,047 restricted stock units into Class A common stock, increasing his direct beneficial ownership to 329,906 shares.

Summary

• Dwayne D. Johnson, a Director of TKO Group Holdings, Inc., converted 8,047 Restricted Stock Units (RSUs) into Class A common stock on May 31, 2025.
• This transaction resulted in an acquisition of 8,047 shares of Class A Common Stock at a price of $0 per share, indicating a vesting and conversion event.
• Following this conversion, Mr. Johnson directly beneficially owns 329,906 shares of Class A Common Stock.
• He also holds 56,325 Restricted Stock Units (RSUs) after the reported transaction.
• The RSUs converted are part of a grant of 193,115 RSUs awarded on January 23, 2024, with remaining portions vesting in substantially equal monthly installments through December 31, 2025.

Sentiment

Score: 7

Explanation: The filing indicates a routine vesting and conversion of equity awards for a director, which is a positive sign of continued alignment between management and shareholder interests. There are no negative surprises or sales of shares.

Positives

• Increases direct beneficial ownership of Class A common stock by a key director, Dwayne D. Johnson, to 329,906 shares.
• Demonstrates continued vesting of equity awards for a director, aligning his interests with shareholders.

Future Outlook

The remaining portion of Dwayne D. Johnson's Restricted Stock Units are scheduled to vest in seven substantially equal monthly installments through December 31, 2025, subject to potential acceleration or forfeiture.

Industry Context

This filing is a routine insider transaction report, common for directors and executives receiving equity compensation. It reflects the ongoing vesting schedule of equity awards, a standard practice in corporate compensation structures to align management interests with shareholder value.

Stakeholder Impact

• Shareholders: Increased alignment of a key director's interests with shareholders through increased direct stock ownership.
• Employees: Reflects standard equity compensation practices for key personnel.

Next Steps

• Continued vesting of remaining Restricted Stock Units for Dwayne D. Johnson in substantially equal monthly installments through December 31, 2025.

Key Dates

Recommendation

Keywords

TKO Group Holdings, Dwayne Johnson, The Rock, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Conversion, Class A Common Stock, Director Ownership, Equity Compensation