Form 4: TKO Deputy CFO Sells Shares Under 10b5-1 Plan

TKO Group Holdings' Deputy CFO, Shane Kapral, sold a total of 615 shares of Class A Common Stock on January 27, 2026, under a pre-arranged trading plan.

Summary

• Shane Kapral, Deputy Chief Financial Officer of TKO Group Holdings, Inc., reported the sale of Class A Common Stock.
• A total of 615 shares were sold in two separate transactions on January 27, 2026.
• The first transaction involved 135 shares sold at a weighted average price of $201.85 per share, with prices ranging from $201.36 to $202.14.
• The second transaction involved 480 shares sold at a weighted average price of $202.96 per share, with prices ranging from $202.37 to $203.31.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kapral on March 7, 2025.
• Following these transactions, Mr. Kapral beneficially owns 3,433 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale was pre-planned under a 10b5-1 plan, which typically indicates a routine personal financial management decision rather than a reaction to new company-specific information, thus having minimal impact on sentiment.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction for personal financial management rather than a reaction to new negative company information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived as a lack of confidence by management, though the pre-planned nature mitigates this interpretation.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Management Comments

• The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the reported ranges.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are a common practice for corporate executives to manage their personal finances and diversify holdings in a compliant manner, as these plans are established in advance when the insider is not in possession of material non-public information. Such routine sales are generally not interpreted as a signal of management's view on the company's immediate prospects.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, but its pre-planned nature under a 10b5-1 plan suggests it is not indicative of a change in management's outlook on the company's value.

Next Steps

• The Reporting Person is obligated to provide detailed information on shares sold at each specific price within the reported ranges upon request from the Issuer, security holders, or the SEC staff.

Key Dates

Recommendation

The sale by the Deputy CFO was executed under a pre-arranged 10b5-1 trading plan, indicating it was a scheduled personal financial management event rather than a reaction to new material information. This type of transaction typically has a neutral impact on investment sentiment and does not warrant a change in recommendation based solely on this filing.

Keywords

TKO Group Holdings, TKO, Shane Kapral, Deputy CFO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Equity Transaction