Koonin Steven R 4
Research Summary
AI-generated summary
TKO Director Steven R. Koonin Exercises Derivative, Receives RSUs
What Happened
Steven R. Koonin, a director of TKO Group Holdings, reported exercise/conversion activity and an RSU grant on June 10, 2026. He reported an exercise/conversion (transaction code M) of 1,753 derivative units at $0.00 (shown as both acquired and disposed the same day, $0 consideration) and a grant/award of 1,549 restricted stock units (RSUs) at $0.00. These transactions reflect equity compensation/vesting activity rather than an open‑market purchase or sale.
Key Details
- Transaction date: June 10, 2026 (report filed 2026-06-12). Filing appears timely (no late‑filing flag).
- Exercise/conversion (M): 1,753 units acquired @ $0.00 and 1,753 units disposed @ $0.00 (reported as derivative).
- Grant/award (A): 1,549 RSUs granted @ $0.00.
- Footnotes: F1 — each RSU is a contingent right to one share of Class A common stock. F2 — certain RSUs vested on the issuer’s annual meeting (June 10, 2026). F3 — the newly granted RSUs will vest on the issuer’s next annual stockholder meeting following the grant.
- Shares owned after the transaction: not specified in the provided excerpt.
Context
- Transaction code M indicates exercise or conversion of a derivative; here the exercise/conversion was reported at $0 consideration and also reported as disposed the same day — typically an administrative/compensation conversion rather than an open‑market sale.
- RSU grants and vesting are routine forms of director compensation and do not by themselves indicate buying or selling sentiment.
- For retail investors, purchases/market sales tend to carry more immediate market signals than routine exercises or RSU grants tied to compensation or vesting.