Nick Khan, an insider of TKO Group Holdings, Inc., reported selling a total of 8,559 shares of TKO Class A common stock on July 13, 2026, according to a Form 4 filed July 14. The transactions were reported as sales, transaction code “S,” and were carried out under a prearranged Rule 10b5-1 trading plan adopted by Khan on March 13, 2026. The sales were executed in several weighted-average price blocks. Khan sold 3,356 shares at a weighted-average price of $181.13 per share, with individual trades ranging from $180.51 to $181.50. He sold another 1,933 shares at a weighted-average price of $182.01, with trades ranging from $181.51 to $182.48. A third block covered 1,600 shares at a weighted-average price of $183.01, with trade prices from $182.58 to $183.51. The final reported block was 1,670 shares at a weighted-average price of $184.28, with individual sales ranging from $183.70 to $184.68. Altogether, the reported sales generated approximately $1.56 million in gross proceeds, based on the weighted-average prices disclosed. The overall weighted-average sale price was about $182.30 per share. The filing notes that the reported prices are weighted averages because the shares were sold in multiple transactions at varying prices within the disclosed ranges. Khan undertook to provide TKO, any TKO security holder, or SEC staff with detailed information about the number of shares sold at each individual price upon request. The provided filing text does not specify Khan’s remaining ownership after the transactions. The key point of the filing is that the sales were not reported as discretionary same-day trades but as transactions executed under a Rule 10b5-1 plan, a common structure used by insiders to sell shares according to predetermined instructions.