Nick Khan of TKO (NYSE: TKO) receives 58,319 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Khan Nick reported acquisition or exercise transactions in this Form 4 filing.
TKO Group Holdings director Nick Khan received a grant of 58,319 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of TKO Class A common stock. The award was granted as an upfront incentive under an employment agreement with World Wrestling Entertainment, LLC, a TKO subsidiary.
The 58,319 RSUs will vest in four equal annual installments beginning on May 6, 2027, meaning Khan earns one quarter of the units each year over four years if the vesting conditions are met. This is a compensation grant, not an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Khan Nick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 58,319 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 58,319 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of the Issuer. Represents RSUs granted to the Reporting Person as an upfront award pursuant to the terms of that certain employment agreement, dated as of May 4, 2026, by and between the Reporting Person and World Wrestling Entertainment, LLC, a subsidiary of the Issuer. The RSUs will vest in four equal annual installments beginning on May 6, 2027.
Key Figures
RSU grant size: 58,319 RSUs
Underlying shares: 58,319 shares
Vesting schedule: 4 equal annual installments
+1 more
4 metrics
RSU grant size
58,319 RSUs
Upfront award under employment agreement
Underlying shares
58,319 shares
Class A common stock represented by RSUs
Vesting schedule
4 equal annual installments
Beginning on May 6, 2027
Grant price
<money>$0.00</money> per unit
Equity compensation award, not purchased in market
Key Terms
Restricted Stock Unit, RSU, Class A common stock, contingent right, +2 more
6 terms
Restricted Stock Unit financial
"Represents RSUs granted to the Reporting Person as an upfront award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Class A common stock financial
"receive one share of Class A common stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"represents a contingent right to receive one share"
vest financial
"The RSUs will vest in four equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
employment agreement financial
"pursuant to the terms of that certain employment agreement"
FAQ
What did Nick Khan acquire in this TKO (TKO) Form 4 filing?
Nick Khan received a grant of 58,319 restricted stock units (RSUs) tied to TKO Class A common stock. These units are part of his compensation and represent a contingent right to receive an equal number of shares over time as they vest.
When do Nick Khan’s 58,319 TKO RSUs begin vesting?
The RSUs will vest in four equal annual installments starting on May 6, 2027. Each year on that schedule, one quarter of the 58,319 units converts into TKO Class A shares, assuming all vesting conditions are met.
What does each TKO restricted stock unit (RSU) granted to Nick Khan represent?
Each RSU granted to Nick Khan represents a contingent right to receive one share of TKO Class A common stock. The units only convert into actual shares as they vest under the terms of his award agreement.
Why did Nick Khan receive this 58,319 RSU award from TKO?
The 58,319 RSUs were granted as an upfront award under an employment agreement between Nick Khan and World Wrestling Entertainment, LLC, a TKO subsidiary. This structure aligns part of his compensation with TKO’s equity over multiple years.