Tellem Nancy 4

What Happened

• Nancy Tellem, a director of TKO Group Holdings (TKO), had a reported exercise/conversion of 1,237 derivative units on June 10, 2026 (reported at $0) and a simultaneous disposal of 1,237 derivative units (also $0). She also was granted 1,123 restricted stock units (RSUs) on the same date (reported as $0). These transactions are not purchases of common stock; they reflect conversion/settlement of derivative awards and a new RSU grant.

Key Details

• Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (timely — within the usual two-business-day window).
• Reported prices/values: all entries reported at $0 (typical for derivative/RSU reporting).
• Shares/units involved: 1,237 units exercised/converted; 1,237 units disposed (derivative); 1,123 RSUs granted.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to receive one share of Class A common stock.
  • F2: The RSUs that vested did so 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 date.
• Transaction codes: M = exercise/conversion of derivative; A = award/grant of derivative.

Context

• For retail investors: RSU entries and derivative conversions commonly reflect compensation vesting/settlement rather than open-market buying or selling for investment purposes. The filing shows a conversion and a matching disposal of derivative units on the same date, and it does not report cash proceeds in the provided data. The new RSU grant will vest in accordance with the company’s stated schedule (per F3).