Form 4: TKO Group Holdings Director Steven Koonin Reports Stock Transactions
SEC Form 4
Director Steven Koonin reported the vesting and acquisition of restricted stock units in TKO Group Holdings, Inc.
Summary
- Steven R Koonin, a director of TKO Group Holdings, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- On June 12, 2024, 2,160 RSUs vested and were converted into Class A Common Stock.
- Also on June 12, 2024, Koonin acquired 2,479 RSUs, which will vest at the next annual stockholder meeting.
- Following these transactions, Koonin directly owns 6,921 shares of Class A Common Stock and 2,479 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which is neutral in sentiment.
Future Outlook
The acquired RSUs will vest on the date of the Issuer's next annual stockholder meeting immediately following the date of grant.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director Koonin's stake in the company.
- The vesting of RSUs aligns director interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | 2,160 Restricted Stock Units vested and converted into Class A Common Stock; 2,479 Restricted Stock Units acquired. |
| 06/14/2024 | Date of signature for the report. |
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