TKO insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Ariel Emanuel Chief Executive Officer, Director	49,481	$190.31	under 0.1%	120.78M	Sep 14, 2026	Sep 15, 2026

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Nick Khan Director	9,589	$194.77	24%	30K	Sep 14, 2026	Sep 15, 2026

What stands out

Four insiders bought shares: Ariel Emanuel (11K shares, $2.0M), Mark Shapiro (11K shares, $2.0M) and Jonathan Kraft (5.2K shares, $988K), plus 1 more.Ariel Emanuel: purchase, May 13, 2026 · Mark Shapiro: purchase, May 13, 2026 · Jonathan Kraft: purchase, May 14, 2026

Ariel Emanuel sold 25K shares (less than 0.1% of starting holdings), but 226K more vested, so the stake grew (from 120.67M to 120.78M).Largest sale, Aug 18, 2026

Percentages cover 9 of 14 officers and directors. 5 are left out

Left out: Nick Khan, Mark Shapiro, Andrew Schleimer, Seth Krauss and Shane Kapral (most of their shares vested during the period, so a percentage would mislead).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Nick Khan

Director

No bar: most of their shares vested during the period, so a percentage would mislead.

$35.1MDisclosed plan

Mark Shapiro

President and Chief Operating Officer, Director

No bar: most of their shares vested during the period, so a percentage would mislead.

$13.2MDisclosed plan

Seth Krauss

Officer

No bar: most of their shares vested during the period, so a percentage would mislead.

$6.5MDisclosed plan

Andrew Schleimer

Chief Financial Officer

No bar: most of their shares vested during the period, so a percentage would mislead.

$5.5MDisclosed plan

Ariel Emanuel

Chief Executive Officer, Director

Sold 0.0%, but 226K shares were added (mostly vesting), so the stake grew

0.0% · $4.8MDisclosed plan

All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Outside holders, reported separately

Silver Lake West HoldCo, L.P. and Patrick Whitesell reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the TKO Group Holdings, Inc. CEO selling stock?

Yes. Ariel Emanuel sold 25K shares ($4.8M, 0.0% of starting holdings) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are TKO Group Holdings, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any TKO Group Holdings, Inc. insiders buying?

Yes. 4 officers or directors reported 8 purchases in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did TKO Group Holdings, Inc. insiders sell?

Less than 0.1% overall. As a group they ended with more shares than they started with. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Nick Khan Director	$35.1M 179K shares	i No percentage: most of their shares vested during the period, so a percentage would mislead.	Disclosed plan
Mark Shapiro President and Chief Operating Officer, Director	$13.2M 66K shares	i No percentage: most of their shares vested during the period, so a percentage would mislead.	Disclosed plan
Seth Krauss Officer	$6.5M 32K shares	i No percentage: most of their shares vested during the period, so a percentage would mislead.	Disclosed plan
Andrew Schleimer Chief Financial Officer	$5.5M 28K shares	i No percentage: most of their shares vested during the period, so a percentage would mislead.	Disclosed plan
Ariel Emanuel Chief Executive Officer, Director	$4.8M 25K shares	0.0%	Disclosed plan
Shane Kapral Deputy Chief Financial Officer	$2.1M 10K shares	i No percentage: most of their shares vested during the period, so a percentage would mislead.	Disclosed plan

Outside holder, reported separately: Silver Lake West HoldCo, L.P. (a 10% owner, not part of management). No open-market sales reported in the period. Holds 205.22M shares. Latest filing

Outside holder, reported separately: Patrick Whitesell (a 10% owner, not part of management). No open-market sales reported in the period. Holds 122.21M shares. Latest filing

The full ownership picture14 of 14 insiders fully reconciled · 14 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Ariel Emanuel

2,155,188 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. 83,074,858 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. 6,542,033 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. 24,386,536 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once.

Chief Executive Officer, Director

120.67M

−25K

120.78M

+0.1%

Vesting, gifts, unvested awards and holding lines for Ariel Emanuel

+215Kshares vested or exercised

0gifted (net of own trusts)

−89Kwithheld by the company for taxes

523K → 649Kunvested awards, start → end

2,155,188 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. Filing
83,074,858 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. Filing
6,542,033 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. Filing
24,386,536 Class B Common Stock are paired one-for-one with the same number of Common Units and retired when those are exchanged; the pair is counted once. Filing

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	109,945	221,894
Endeavor Operating Company, LLC	Class A Common Stock	2,579,437	2,579,437
WME IMG, LLC	Class A Common Stock	1,825,030	1,825,030
January Capital Holdco, LLC	Common Units	83,074,858	83,074,858
IMG Worldwide, LLC	Common Units	24,386,536	24,386,536
January Capital Sub, LLC	Common Units	6,542,033	6,542,033
Endeavor Operating Company, LLC	Common Units	2,155,188	2,155,188

Dwayne Johnson

Director

362K

386K

no sales

Vesting, gifts, unvested awards and holding lines for Dwayne Johnson

+24Kshares vested or exercised

0gifted (net of own trusts)

314K → 290Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	362,092	386,231

Nick Khan

Minor difference of -5 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.

Director

128K

−179K

30K

not meaningful

Vesting, gifts, unvested awards and holding lines for Nick Khan

+80Kshares vested or exercised

0gifted (net of own trusts)

366K → 374Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Class A Common Stock	128,023	29,751

Reconciliation: minor difference of -5 shares. Difference is under 0.5% of holdings.

Mark Shapiro

President and Chief Operating Officer, Director

74K

−66K

147K

not meaningful

Vesting, gifts, unvested awards and holding lines for Mark Shapiro

+128Kshares vested or exercised

0gifted (net of own trusts)

347K → 353Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	73,677	147,071

Jonathan Kraft

Director

38K

45K

no sales

Vesting, gifts, unvested awards and holding lines for Jonathan Kraft

+1.2Kshares vested or exercised

0gifted (net of own trusts)

1.2K → 1.1Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	14,732	15,969
KPC US Equity LLC	Class A Common Stock	23,500	28,700

Andrew Schleimer

Chief Financial Officer

9.6K

−28K

38K

not meaningful

Vesting, gifts, unvested awards and holding lines for Andrew Schleimer

+53Kshares vested or exercised

0gifted (net of own trusts)

162K → 208Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	9,563	38,051

Steven Koonin

Director

9.4K

11K

no sales

Vesting, gifts, unvested awards and holding lines for Steven Koonin

+1.8Kshares vested or exercised

0gifted (net of own trusts)

1.8K → 1.5Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	9,400	11,153

Seth Krauss

Officer

−32K

not meaningful

Vesting, gifts, unvested awards and holding lines for Seth Krauss

+24Kshares vested or exercised

0gifted (net of own trusts)

67K → 104Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	7,983	0

Carrie Wheeler

Director

6.6K

7.8K

no sales

Vesting, gifts, unvested awards and holding lines for Carrie Wheeler

+1.2Kshares vested or exercised

0gifted (net of own trusts)

1.2K → 1.1Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	6,599	7,836

Peter Bynoe

Director

5.2K

6.4K

no sales

Vesting, gifts, unvested awards and holding lines for Peter Bynoe

+1.2Kshares vested or exercised

0gifted (net of own trusts)

1.2K → 1.1Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	5,187	6,424

Sonya Medina

Director

3.7K

4.9K

no sales

Vesting, gifts, unvested awards and holding lines for Sonya Medina

+1.2Kshares vested or exercised

0gifted (net of own trusts)

1.2K → 1.1Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	3,700	4,937

Nancy Tellem

Director

3.5K

4.7K

no sales

Vesting, gifts, unvested awards and holding lines for Nancy Tellem

+1.2Kshares vested or exercised

0gifted (net of own trusts)

1.2K → 1.1Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	3,467	4,704

Bradley Keywell

Director

2.9K

4.1K

no sales

Vesting, gifts, unvested awards and holding lines for Bradley Keywell

+1.2Kshares vested or exercised

0gifted (net of own trusts)

2.4K → 2.3Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	2,888	4,125

Shane Kapral

Deputy Chief Financial Officer

2.5K

−10K

not meaningful

Vesting, gifts, unvested awards and holding lines for Shane Kapral

+8.1Kshares vested or exercised

0gifted (net of own trusts)

24K → 25Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	2,536	99

14 of 14 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (13 exactly, 1 with a minor or footnoted difference). Percentages cover 9 of 14 officers and directors. Left out: Nick Khan, Mark Shapiro, Andrew Schleimer, Seth Krauss and Shane Kapral (most of their shares vested during the period, so a percentage would mislead). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$67.2M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $67.2M across 338,646 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $67.2M · 100%

Taxes

$40.1M of sales (59.7%) cite tax obligations in their footnotes, $40.1M of them also under a plan. Separately, 89,249 shares ($17.5M) were withheld by the company for taxes, which isn't a market sale. Example: Andrew Schleimer, Aug 18, 2026

Purchases · 4 buyers (8 trades)

4 officers and directors bought shares in this period, in 8 trades(Form 4 code P). Across all their filings on record there are 120 purchase trades.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Nick Khan Director	179K	$35.1M	100%	52%	Nov 3, 2025 to Sep 14, 2026
Mark Shapiro President and Chief Operating Officer, Director	66K	$13.2M	100%	20%	Jan 5, 2026 to Aug 18, 2026
Seth Krauss Officer	32K	$6.5M	100%	10%	Jan 2, 2026 to Jan 27, 2026
Andrew Schleimer Chief Financial Officer	28K	$5.5M	100%	8%	Jan 5, 2026 to Aug 18, 2026
Ariel Emanuel Chief Executive Officer, Director	25K	$4.8M	100%	7%	Aug 18, 2026 to Aug 18, 2026
Shane Kapral Deputy Chief Financial Officer	10K	$2.1M	100%	3%	Nov 17, 2025 to Mar 9, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$1.9M	$1.9M	$0	$0
Dec 2025	$2.1M	$2.1M	$0	$0
Jan 2026	$31.7M	$31.7M	$0	$0
Feb 2026	$512K	$512K	$0	$0
Mar 2026	$2.3M	$2.3M	$0	$0
Apr 2026	$1.9M	$1.9M	$0	$0
May 2026	$1.8M	$1.8M	$0	$0
Jun 2026	$2.0M	$2.0M	$0	$0
Jul 2026	$6.0M	$6.0M	$0	$0
Aug 2026	$15.3M	$15.3M	$0	$0
Sep 2026	$1.9M	$1.9M	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by yearNot enough history to compare

Not enough history to compare: fewer than three earlier years of filings.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	339K	6	$67.2M
Oct 8, 2025 1 year earlier	168K	5	$26.9M
Oct 8, 2024 2 years earlier	17.32M	3	$1.37B
Oct 9, 2023 3 years earlier · filings don't cover the whole year	n/a	n/a	n/a
Oct 9, 2022 4 years earlier · filings don't cover the whole year	n/a	n/a	n/a
Oct 9, 2021 5 years earlier · filings don't cover the whole year	n/a	n/a	n/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Nick Khan: minor difference of -5 shares. Difference is under 0.5% of holdings.

Inferred typo: the share class "Common Units" is treated as the same class as "Common Unit" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Silver Lake West HoldCo, L.P., 6,542,033 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology201 filings from SEC EDGAR, and how we read them

All 201 Forms 3, 4 and 5 filed for TKO Group Holdings, Inc. (SEC CIK 1973266) from Sep 12, 2023 to Sep 15, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (1)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Vincent McMahon	Apr 11, 2024	8,021,405 shares, last reported balance as of Apr 10, 2024

TKO Group Holdings, Inc. insiders sold $67.2M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Outside holders, reported separately

Common questions

Is the TKO Group Holdings, Inc. CEO selling stock?

Why are TKO Group Holdings, Inc. insiders selling?

Are any TKO Group Holdings, Inc. insiders buying?

How much of their stake did TKO Group Holdings, Inc. insiders sell?

The evidence

Taxes

Purchases · 4 buyers (8 trades)

Sales by month