Form 4: TKO CEO Emanuel's Equity Vesting & Tax Withholding

TKO Group Holdings CEO Ariel Emanuel reported the vesting of restricted stock units, resulting in the acquisition of Class A common stock and subsequent sale of shares for tax obligations.

Summary

• Ariel Emanuel, Chief Executive Officer and Director of TKO Group Holdings, Inc., reported transactions involving the vesting of restricted stock units (RSUs) and subsequent share dispositions.
• On January 20, 2026, 9,688 restricted stock units (RSUs) from a grant made on February 22, 2024, vested and converted into Class A Common Stock.
• Also on January 20, 2026, 63,985 RSUs from a grant made on January 16, 2025, vested and converted into Class A Common Stock.
• Following these acquisitions, Emanuel's direct beneficial ownership of Class A Common Stock increased to 183,618 shares.
• On January 22, 2026, 39,768 shares of Class A Common Stock were disposed of at a price of $203.41 per share. This disposition was to satisfy tax withholding obligations upon the vesting of the equity awards.
• After all reported transactions, Emanuel directly beneficially owns 143,850 shares of Class A Common Stock.
• Emanuel also beneficially owns 9,688 unvested RSUs from the February 22, 2024 grant and 127,974 unvested RSUs from the January 16, 2025 grant.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to equity compensation and tax withholding, which is a neutral event for company performance or outlook.

Positives

• CEO Ariel Emanuel's equity awards vested, demonstrating continued alignment of management's interests with shareholders.
• The vesting events resulted in the acquisition of 73,673 shares of Class A Common Stock (9,688 + 63,985) by the CEO.

Negatives

• A portion of the vested shares (39,768 shares) was sold to cover tax withholding obligations, which is a common practice but reduces the direct shareholding.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction. It solely reports insider transactions related to equity compensation.

Industry Context

This filing is a routine insider transaction report and does not provide information that directly relates to broader industry trends or competitive landscape. It reflects standard equity compensation practices for executive officers.

Stakeholder Impact

• Shareholders: The disposition of shares for tax withholding is a routine event and is unlikely to have a significant impact on the company's share price or overall shareholder value. The vesting of equity awards aligns management's interests with shareholders.

Next Steps

• The remaining 9,688 RSUs from the February 22, 2024 grant are expected to vest in a future annual installment (third installment).
• The remaining 127,974 RSUs from the January 16, 2025 grant are expected to vest in two future annual installments.

Key Dates

Keywords

TKO Group Holdings, Ariel Emanuel, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Equity Compensation, CEO