TKO (TKO) CFO adds 2,696 Class A shares and repays $50K short-swing profit
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TKO Group Holdings, Inc. Chief Financial Officer Andrew M. Schleimer purchased 2,696 shares of Class A common stock in open-market transactions on May 13, 2026, at a weighted average price of $185.44 per share. Following these purchases, he directly owned 30,240 Class A shares.
A footnote explains that this purchase was matchable under Section 16(b) against prior sales made on January 5, 2026 and January 22, 2026 under a Rule 10b5-1 sell-to-cover instruction for tax withholding, and that Schleimer paid the issuer $50,252.63, equal to the short-swing profit.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,696 shares ($499,953)
Net Buy
2 txns
Insider
Schleimer Andrew M
Role
Chief Financial Officer
Bought
2,696 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 1,696 | $184.99 | $314K |
| Purchase | Class A Common Stock | 1,000 | $186.21 | $186K |
Holdings After Transaction:
Class A Common Stock — 29,240 shares (Direct, null)
Footnotes (1)
- The reporting person's purchase of Class A common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 2,696 shares at a weighted average price per share of $185.44, with the reporting person's sales of 5,739 shares of Class A common stock at a price per share of $204.08 on January 5, 2026 and of 11,978 shares of Class A common stock at a price per share of $201.98 on January 22, 2026, which prior sales were made under a Rule 10b5-1 sell-to-cover instruction letter to satisfy the tax withholding obligation upon the vesting of previously granted equity awards. The reporting person paid to the Issuer $50,252.63, representing the full amount of the profit realized in connection with the short-swing transaction. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $184.44 to $185.20 inclusive. 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 purchased at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $185.60 to $186.35 inclusive. 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 purchased at each separate price within the range set forth in this footnote.
Key Figures
Total shares purchased: 2,696 shares
Weighted average purchase price: $185.44 per share
Shares held after transaction: 30,240 shares
+5 more
8 metrics
Total shares purchased
2,696 shares
Open-market purchases of Class A common stock on May 13, 2026
Weighted average purchase price
$185.44 per share
Footnote describing 2,696-share purchase matched under Section 16(b)
Shares held after transaction
30,240 shares
Direct Class A common stock ownership following May 13, 2026 trades
Short-swing profit repaid
$50,252.63
Amount paid by reporting person to issuer under Section 16(b)
First block price
$184.99 per share
One of two reported open-market purchase prices on May 13, 2026
Second block price
$186.21 per share
One of two reported open-market purchase prices on May 13, 2026
Earlier sale 1
5,739 shares at $204.08
Rule 10b5-1 sell-to-cover on January 5, 2026 referenced in footnote
Earlier sale 2
11,978 shares at $201.98
Rule 10b5-1 sell-to-cover on January 22, 2026 referenced in footnote
Key Terms
Section 16(b), short-swing transaction, Rule 10b5-1, sell-to-cover instruction letter, +1 more
5 terms
Section 16(b) regulatory
"was matchable under Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
short-swing transaction regulatory
"profit realized in connection with the short-swing transaction"
Rule 10b5-1 regulatory
"prior sales were made under a Rule 10b5-1 sell-to-cover instruction letter"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
sell-to-cover instruction letter financial
"under a Rule 10b5-1 sell-to-cover instruction letter to satisfy the tax withholding obligation"
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did TKO (TKO) disclose for Andrew M. Schleimer?
TKO disclosed that CFO Andrew M. Schleimer bought 2,696 shares of Class A common stock in open-market transactions on May 13, 2026. These purchases increased his direct holdings to 30,240 shares, signaling additional personal exposure to TKO equity.
What is the Section 16(b) short-swing profit amount mentioned for TKO (TKO) CFO?
The filing states that Schleimer paid TKO Group Holdings $50,252.63, representing the full short-swing profit under Section 16(b). This amount related to matching the May 13, 2026 purchase with earlier sales of Class A shares in January 2026.