Khan Nick 4

What Happened
Nick Khan, a director of TKO Group Holdings, was credited with 88.584 dividend-equivalent units (an award/grant) on March 31, 2026. The Form 4 lists the acquisition as 88.584 shares at $0.00 (total reported $0), reflecting dividend equivalents accrued on existing restricted stock unit (RSU) awards rather than a cash purchase or market trade.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (reported promptly following the transaction).
• Transaction type/code: Award/Grant (A); 88.584 units acquired at $0.00; reported value $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — these are "dividend equivalent units" accrued on existing RSUs; each unit equals the economic equivalent of one Class A share.
• No indication in this filing of a 10b5-1 plan, tax withholding, or sale.

Context
Dividend-equivalent units are routine adjustments that credit the holder with the economic value of dividends on outstanding RSUs; they may be settled in shares or cash according to the company’s plan. This is an award credit (not a purchase), so it’s a compensation-related, not a direct market bet by the insider. Purchases by insiders are generally more informative about personal bullishness than awards or dividend accruals.