Emanuel Ariel 4

What Happened Emanuel Ariel, CEO of TKO Group Holdings, reported open‑market purchases (transaction code P) totaling 10,805 shares on 2026-05-13. He bought 3,868 shares at a weighted average price of $184.60 (about $714,033) and 6,937 shares at a weighted average price of $185.36 (about $1,285,842), for aggregate consideration of roughly $1,999,875. These were purchases (not sales), which many investors view as a positive alignment of insider and shareholder interests.

Key Details

• Transaction date: 2026-05-13 (reported same day).
• Trades: 3,868 shares @ $184.60 (weighted avg) = $714,033; 6,937 shares @ $185.36 (weighted avg) = $1,285,842. Total ≈ $2.0M.
• Footnotes: Weighted‑average prices represent multiple trades. F1: prices ranged $184.03–$184.99. F2: prices ranged $185.07–$185.80. The reporting person can disclose per‑trade breakdowns on request.
• Shares owned after the transaction: Not stated in the provided filing.
• Filing timeliness: Report filed on the same date as the transactions; no late filing flag indicated.

Context These were open‑market purchases (code P), not option exercises or awards. Open‑market buys by a CEO can be interpreted by some retail investors as a signal of confidence, but filings are factual records — they do not explain the insider’s motives.