TKO Group Holdings, a publicly traded company on the New York Stock Exchange under the ticker symbol TKO, recently saw one of its directors, Nick Khan, carry out stock sales. From July 20 to July 21, 2026, Khan sold a total of 23,079 shares of Class A Common Stock. These transactions were part of a structured sale strategy under a Rule 10b5-1 trading plan, which aims to ensure transparency and avoid allegations of unfair or insider trading. The sales took place across six distinct trades, with prices fluctuating between $181.09 and $185.29 per share. The total value of all trades amounted to around $4.20 million. Some of these shares were sold to fulfill tax obligations related to previous equity grants.
10b5-1 Plan Transactions
Khan’s transactions followed two separate arrangements under Rule 10b5-1. The first arrangement was a structured trading plan created on March 13, 2026. A second setup, referred to as an instruction letter, was established on November 14, 2023. This instruction letter was specifically developed to address Khan’s tax withholding obligations following the vesting of certain equity awards. Under this arrangement, Khan sold 12,866 shares at a price of $181.11 each. These structured plans illustrate Khan’s commitment to legal compliance and transparency, ensuring his trades were not subject to suspicion of insider influence.
The reporting for all transactions included a weighted average price, which gives a summary of the range of sale prices. For the trades under the March 13, 2026, plan, prices ranged from $181.98 to $182.96. One notable transaction occurred on July 20, 2026, when Khan sold 3,682 shares at an average price of $182.54. These prices reflect the different trades made during that time, providing a comprehensive view of the market activity. This level of detail is included to support regulatory transparency and help investors understand the trade patterns.
Post-sale Holdings
Despite the recent sales, Nick Khan continues to hold a significant amount of shares in TKO Group Holdings. His remaining holdings total 48,932.535 shares of Class A Common Stock, which shows his ongoing interest in the company. The decision to execute the trades under Rule 10b5-1 plans reflects Khan’s efforts to maintain transparency and avoid any implication of insider trading. This approach aligns with best practices in financial reporting and helps build trust among investors and regulators.
The highest per-share price recorded during the trading period was $185.29, which was for the sale of 1,700 shares on July 20, 2026. The use of a weighted average pricing model is a common method to present complex trading data in a simplified format. This model ensures clarity for all stakeholders, including investors and regulatory bodies. If needed, more detailed transaction reports, including the specific number of shares sold at each price point, are available upon request from the company or the Securities and Exchange Commission.
Rule 10b5-1 trading plans allow individuals, including company insiders, to trade stocks in a prearranged and structured way. This regulatory framework is designed to prevent accusations of unfair trading practices. By following these rules, Nick Khan ensured that his trades were both compliant and visible to all relevant parties. The combination of different transaction ranges and structured plans highlights the complexity of insider trading and the need for transparency to maintain trust in the financial markets.
The total number of shares sold under Khan’s plans is 23,079. These include 132 shares sold on July 21, 2026, under the Rule 10b5-1 plan that was established in March 2026. The weighted average pricing method used in the reporting makes it easier to understand the overall value of the trades without overcomplicating individual details. These transactions were spread out, allowing for a more accurate reflection of the market conditions at the time.
Khan’s tax-withholding sale of 12,866 shares at $181.11 per share demonstrates a practical application of Rule 10b5-1 instruction letters. This method allows for systematic trading to fulfill financial obligations without triggering any regulatory concerns. The inclusion of additional metrics, such as the July 20, 2026, sale at $182.54 for 3,682 shares, provides a clearer picture of the transaction patterns. Investors and analysts can use this data to better understand the behavior of company insiders and their motivations for trading.
The use of weighted average prices in the reports helps investors understand the broader context of the sales. For instance, one report indicated a sale between $183.02 and $184.00, which was also part of the March 13, 2026, plan. These ranges show the fluctuating market prices and provide a more comprehensive picture of the trades. The detailed information available for each transaction under the Rule 10b5-1 framework ensures that all interested parties have access to the same level of transparency.