BYNOE PETER C B 4
Research Summary
AI-generated summary
TKO Director Peter Bynoe Exercises Derivatives, Receives RSU Award
What Happened
- Peter C. B. Bynoe, a director of TKO Group Holdings, reported derivative activity and an RSU award on June 10, 2026. The filing shows an exercise/conversion (derivative, code M) of 1,237 shares (acquired) and a simultaneous disposition of 1,237 derivative shares (disposed), both recorded at $0.00. In addition, he was granted/awarded 1,123 restricted stock units (RSUs) (code A) reported at $0.00.
- These transactions appear to reflect vested/converted equity and a new RSU grant rather than an open‑market purchase or sale for cash. No cash consideration or dollar value is reported for these items in the Form 4.
Key Details
- Dates and prices: all transactions reported on 2026-06-10 at $0.00 per share.
- Share counts: exercised/converted 1,237 derivative shares (acquired) and 1,237 derivative shares disposed; granted 1,123 RSUs (acquired).
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes: F1 — each RSU represents a contingent right to one share; F2 — some RSUs vested on the issuer’s annual meeting date (June 10, 2026); F3 — the newly granted RSUs will vest on the issuer’s next annual stockholder meeting following the grant.
- Filing timeliness: Form filed on 2026-06-12 for transactions on 2026-06-10 (appears timely; no late filing indicated).
Context
- The M (exercise/conversion) entries are derivative transactions — commonly conversion of vested RSUs or exercise of options — and the matched acquisition and disposition can reflect conversion followed by settlement or transfer; the filing reports $0 consideration, so this does not reflect a cash purchase or a disclosed cash sale price.
- The A entry is an RSU award (compensation), which vests per the footnotes and represents a contingent right to receive shares in the future; such awards are compensation-related and not a direct market signal of insider buying or selling.