Schleimer Andrew M 4
Research Summary
AI-generated summary
TKO Group CFO Andrew Schleimer Buys 2,696 Shares
What Happened
Andrew M. Schleimer, Chief Financial Officer of TKO Group Holdings, purchased a total of 2,696 Class A common shares in open-market transactions on May 13, 2026, spending approximately $499,953. The buys were made in two blocks: 1,696 shares at an average price of $184.99 ($313,743) and 1,000 shares at an average price of $186.21 ($186,210). These were outright purchases (transaction code P), which are generally treated as a more direct signal of insider buying than routine sales.
Key Details
- Transaction date: 2026-05-13 (both purchases).
- Prices and quantities:
- 1,696 shares @ weighted avg $184.99 (total $313,743). (Footnote F2: trades ranged $184.44–$185.20.)
- 1,000 shares @ weighted avg $186.21 (total $186,210). (Footnote F3: trades ranged $185.60–$186.35.)
- Total shares acquired: 2,696; total cash spent: $499,953.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnote (F1): These purchases were matchable under Section 16(b) to prior sales (5,739 shares on Jan 5, 2026 at $204.08 and 11,978 shares on Jan 22, 2026 at $201.98) that were part of a Rule 10b5-1 sell-to-cover instruction to satisfy tax withholding. Mr. Schleimer paid the issuer $50,252.63 representing the profit realized from the short-swing matchable transaction.
- Filing timeliness: The report covers and was filed for the same date (May 13, 2026); no late filing is indicated in the provided data.
Context
- These were open-market purchases (P), not option exercises or awards. Footnotes F2 and F3 explain the reported prices are weighted averages across multiple executions and provide price ranges for transparency.
- Footnote F1 explains the earlier January sales were executed under a 10b5-1 sell-to-cover plan to satisfy tax obligations; the filing discloses the Section 16(b) matchability and repayment of short-swing profit to the company.
- For retail investors: insider purchases can be informative but should be considered alongside other company and market factors. This filing is factual and does not state motive.