Form 4: TKO Director Nick Khan Sells Shares Under 10b5-1 Plan

TKO Group Holdings Director Nick Khan sold 9,519 shares of Class A Common Stock for approximately $1.88 million through a pre-arranged trading plan.

Summary

• Nick Khan, a Director of TKO Group Holdings, Inc. (TKO), reported the sale of 9,519 shares of Class A Common Stock.
• The transactions occurred on October 3, 2025, and were executed pursuant to a Rule 10b5-1 trading plan adopted on March 3, 2025.
• The shares were sold in three separate transactions at weighted average prices of $197.11, $197.8, and $198.9 per share.
• The total value of the shares sold amounts to approximately $1,883,074.11.
• Following these transactions, Nick Khan beneficially owns 128,022.731 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The sale of shares by a director under a pre-arranged 10b5-1 trading plan is a routine event and does not typically signal a change in company fundamentals or management's outlook. It is often for personal financial planning or diversification.

Future Outlook

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

Industry Context

This Form 4 filing reports a routine insider transaction under a pre-arranged 10b5-1 trading plan, which is a common practice for corporate insiders to sell shares systematically while avoiding accusations of trading on material non-public information. Such sales are generally not indicative of broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, but given it's a 10b5-1 plan, it's unlikely to significantly impact shareholder confidence or perception of management's commitment.

Key Dates

Keywords

TKO Group Holdings, Nick Khan, Insider Sale, Form 4, Stock Transaction, 10b5-1 Plan, Director