TKO Director Nick Khan Sells 9,589 Shares (~$1.87M)

What Happened

• Nick Khan, a director of TKO Group Holdings, sold a total of 9,589 shares in open-market transactions on September 14, 2026, generating aggregate proceeds of approximately $1,867,626 (average ≈ $194.77/share).
• Breakdown by reported lots:
  • 1,333 shares @ $193.13 = $257,442
  • 4,256 shares @ $194.12 = $826,175
  • 1,421 shares @ $194.99 = $277,081
  • 1,279 shares @ $195.95 = $250,620
  • 1,200 shares @ $197.12 = $236,544
  • 100 shares @ $197.64 = $19,764
• This was a sale (S) activity—sales are commonly routine/liquidation events and do not necessarily indicate a change in view on the company.

Key Details

• Transaction date: September 14, 2026 (Form 4 filed Sept 15, 2026 — appears timely).
• Total shares sold: 9,589 for total proceeds ≈ $1,867,626 (avg ≈ $194.77/share).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Notable footnotes:
  • One sale was effected pursuant to a Rule 10b5-1 trading plan adopted March 13, 2026.
  • Reported per-lot prices are weighted averages; the filing lists per-lot trade price ranges from $192.55 up to $197.66. The reporting person will provide detailed per-price quantities upon request (per the footnotes).

Context

• Sales made under a Rule 10b5-1 plan are pre-arranged and help insulate insiders from accusations of trading on non-public information; they are typically routine.
• No options exercises, gifts, or tax-withholding transactions were reported in this filing excerpt.
• For investors, purchases generally convey clearer insider confidence than routine sales; use this trade as one data point among broader insider activity and company fundamentals.