TKO Group Files 8-K on Officer/Director Changes, Compensation

TL;DR

**TKO filed an 8-K about potential leadership changes and pay, keep an eye out for details.**

AI Summary

TKO Group Holdings, Inc. filed an 8-K on January 23, 2024, to report an event related to the departure or election of directors or officers, and compensatory arrangements. This filing indicates potential changes in leadership or executive compensation, which could impact the company's strategic direction and financial performance. Investors should monitor subsequent filings for specific details on these changes, as they can influence TKO's stability and future growth prospects.

Why It Matters

Changes in leadership and executive compensation can signal shifts in company strategy or financial health, directly affecting investor confidence and stock valuation.

Risk Assessment

Risk Level: medium — The filing indicates potential changes in key personnel or their compensation, which introduces uncertainty about future leadership and operational stability.

Analyst Insight

Investors should monitor TKO's subsequent filings for specific details on the reported changes, as these will clarify the impact on company leadership and financial outlook.

Key Numbers

• $0.00001 — par value per share (par value of TKO's Class A Common Stock)
• 2024-01-23 — Date of Report (date of the earliest event reported in the 8-K filing)

Key Players & Entities

• TKO Group Holdings, Inc. (company) — the registrant filing the 8-K
• New York Stock Exchange (company) — the exchange where TKO's Class A Common Stock is registered
• Delaware (company) — state of incorporation for TKO Group Holdings, Inc.
• 001-41797 (dollar_amount) — Commission File Number for TKO Group Holdings, Inc.

Forward-Looking Statements

• TKO Group Holdings, Inc. will release further details regarding specific personnel changes or compensation agreements in a subsequent filing. (TKO Group Holdings, Inc.) — high confidence, target: 2024-03-31

FAQ

Key Financial Figures

• $0.00001 — stered Class A Common Stock, par value $0.00001 per share TKO New York Stock Exchan
• $107,000 — des for: (i) an annual cash retainer of $107,000 for serving on the TKO Board, earned on
• $182,000 — ard with a prorated grant date value of $182,000, granted upon joining the TKO Board, th
• $30,000,007 b — common stock "), in an amount equal to $30,000,007 based on a 30-day average of the daily vo
• $491,000 — in an aggregate amount of approximately $491,000. Following the Effective Date, Mr. John

Filing Documents

• d713319d8k.htm (8-K) — 33KB
• 0001193125-24-012566.txt ( ) — 156KB
• tko-20240123.xsd (EX-101.SCH) — 3KB
• tko-20240123_lab.xml (EX-101.LAB) — 18KB
• tko-20240123_pre.xml (EX-101.PRE) — 11KB
• d713319d8k_htm.xml (XML) — 3KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 23, 2024, the board of directors (the " TKO Board ") of TKO Group Holdings, Inc. (the " Company " or " TKO ") increased the size of the TKO Board from eleven (11) directors to thirteen (13) directors authorized to serve on the TKO Board pursuant to the Company's Amended and Restated Certificate of Incorporation and the governance agreement, as amended, by and among the Company, Endeavor Group Holdings, Inc. (" Endeavor "), Endeavor Operating Company, LLC, January Capital Sub, LLC, January Capital Holdco, LLC, TKO Operating Company, LLC and Vincent K. McMahon (the " Amended Governance Agreement ") and appointed, effective as of the same date, Dwayne Johnson as a WWE director designee on the TKO Board and Bradley A. Keywell as an EDR director designee on the TKO Board (in each case as defined below) to fill the newly created vacancies and to serve on the TKO Board until their respective successors are duly elected and qualified. Under the Amended Governance Agreement, the number of directors that may be designated by Endeavor to serve on the TKO Board was increased from six to seven (collectively, the " EDR director designees "), and those designated by WWE, inclusive of those who may be designated by Mr. McMahon, was increased from five to six (collectively, the " WWE director designees "). Dwayne Johnson (also known by his stage name "The Rock"), age 51, is an actor, film producer, entrepreneur and retired professional wrestler. Mr. Johnson started his career as a third-generation professional wrestler for World Wrestling Entertainment (f/k/a World Wrestling Federation) from 1996 until 2004. During that period, Mr. Johnson won multiple WWE titles and was instrumental to the success of the sport. Mr. Johnson's success as a professional wrestler led to a career as an actor, producer and entrepreneu

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TKO GROUP HOLDINGS, INC. By: /s/ Andrew Schleimer Name: Andrew Schleimer Title: Chief Financial Officer Date: January 23, 2024

View Full Filing

View this 8-K filing on SEC EDGAR