Nick Khan reduces TKO holdings to 137,456.179 shares in 10b5-1 sales
Rhea-AI Filing Summary
Nick Khan, a director of TKO Group Holdings, Inc. (TKO), reported multiple sales of Class A common stock on 09/03/2025 under a pre-established Rule 10b5-1 trading plan adopted March 3, 2025. The filing shows four sale transactions totaling 9,519 shares sold at weighted-average prices reported as $186, $186.59, $187.89 and $188.78, with disclosed price ranges for each lot. After these transactions the reporting person beneficially owned 137,456.179 shares of Class A common stock. The sales were reported on Form 4 and signed by an attorney-in-fact on 09/05/2025.
Positive
- Sales executed under a Rule 10b5-1 trading plan, indicating pre-planned, compliant transactions
- Detailed pricing disclosure with weighted-average prices and explicit price ranges for each lot
- Clear post-transaction beneficial ownership reported as 137,456.179 Class A shares
Negative
- Insider sold 9,519 Class A shares, reducing holdings which some investors may view negatively
- Form 4 reports only sales; no purchases reported that might offset the disposals
Insights
TL;DR Insider executed routine sales under a 10b5-1 plan, reducing holdings to 137,456.179 shares; transactions appear procedural, not an ad hoc dump.
The filing documents four disposition transactions on 09/03/2025 totaling 9,519 Class A shares sold at weighted-average prices of $186, $186.59, $187.89 and $188.78. The seller used a Rule 10b5-1 plan adopted March 3, 2025, which supports that these were pre-planned sales rather than opportunistic trades. The filing includes weighted-average prices and price ranges for each lot, improving transparency about execution. From a market-impact perspective, the absolute size of the sales is disclosed, and the reporting person still retains material ownership at 137,456.179 shares.
TL;DR Disclosure follows Section 16 requirements and cites an explicit 10b5-1 plan; signature by attorney-in-fact indicates authorized filing.
The Form 4 indicates compliance with insider reporting rules: the transactions are identified as sales pursuant to a 10b5-1 trading plan adopted March 3, 2025, and the form was executed by an attorney-in-fact on 09/05/2025. The filing provides footnotes with weighted-average price ranges for each sale, and the remaining beneficial ownership is clearly stated. There is no indication in the filing of derivative transactions or other complicating arrangements. Governance readers will note appropriate procedural disclosures and authorized signature.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,203 | $186.00 | $968K |
| Sale | Class A Common Stock | 3,416 | $186.59 | $637K |
| Sale | Class A Common Stock | 500 | $187.89 | $94K |
| Sale | Class A Common Stock | 400 | $188.78 | $76K |
Footnotes (1)
- The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.36 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 sold 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 sold in multiple transactions at prices ranging from $186.36 to $187.27 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 sold 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 sold in multiple transactions at prices ranging from $187.55 to $188.49 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 sold 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 sold in multiple transactions at prices ranging from $188.56 to $188.93 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 sold at each separate price within the range set forth in this footnote.
