Quick Takeaways
- This page summarizes Vincent K. McMahon's Form 4 filing for TKO Group Holdings, Inc. (TKO).
- 2 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 28 Mar 2024, 17:52.
Vincent K. McMahon - 05 Mar 2024 Form 4 Insider Report for TKO Group Holdings, Inc. (TKO)
- Role
- 10%+ Owner
- Signature
- /s/ Vincent K. McMahon
- Issuer symbol
- TKO
- Transactions as of
- 05 Mar 2024
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 28 Mar 2024, 17:52:04 UTC
- Previous filing
- 14 Nov 2023
- Next filing
- 08 Mar 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Vincent K. McMahon filed Form 4 for TKO Group Holdings, Inc. (TKO) on 28 Mar 2024."
What Changed
- Previous filing in this sequence was filed on 14 Nov 2023.
- Current net transaction value: $0.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TKO | Class A Common Stock | Other | -3,484,006 | -23% | 11,518,099 | 05 Mar 2024 | Direct | F1, F2 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TKO | Forward Sale Contract (obligation to sell) | Other | -3,484,006 | -100% | 0 | 05 Mar 2024 | Class A Common Stock | 3,484,006 | Direct | F3, F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | In the Form 3, filed with the U.S. Securities and Exchange Commission on September 12, 2023, the Reporting Person included the 3,484,006 shares of the Issuer's Class A common stock subject to the Agreement (as defined below) in both his Table I and Table II totals. This adjustment is to reflect the erroneous inclusions of such shares in Table I. |
| F2 | Excludes 100 shares of the Issuer's Class A common stock owned individually by the Reporting Person's wife, Linda McMahon. The Reporting Person disclaims beneficial ownership of those shares. |
| F3 | On March 24, 2020, the Reporting Person entered into a variable prepaid forward sale agreement (the "Agreement") with an unaffiliated bank (the "Bank") relating to 3,484,006 shares of the Issuer's Class A common stock and obligating the Reporting Person to deliver to the Bank up to 3,484,006 shares of the Issuer's Class A common stock (or, at the Reporting Person's election, under certain circumstances, an equivalent amount of cash) to settle the Agreement. On March 1, 2024, the Reporting Person and the Bank amended the Agreement to provide that the Agreement would be fully settled by the Reporting Person's delivery of 3,484,006 shares of the Issuer's Class A common stock to the Bank. |
| F4 | (Continued from footnote 3) The physical settlement contemplated by the Agreement were divided into 15 components, each of the first 14 of which were with respect to 232,267 shares of the Issuer's Class A common stock and the last of which was with respect to 232,268 shares of the Issuer's Class A common stock, and took place on each weekday between March 5, 2024 and March 25, 2024. Upon such physical settlement, the Reporting Person received, in the aggregate, approximately $100 million from the Bank. |