Nick Khan (Director) sells 9,589 shares of TKO for $1,751,279.91 under pre-arranged 10b5-1 plan
Director Nick Khan executed 6 separate sales totaling 9,589 shares for $1,751,279.91 on 2026-07-13, reducing his holdings from 81,601 to 72,012 shares (-11.8%). This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-13, meaning it is scheduled rather than discretionary. Context matters: Khan's prior trades at TKO (5 distinct sales on 2026-06-12) posted 30-day returns ranging from -7.5% to -13.6%, while his cross-ticker track record over 20 prior sells shows an average 90-day return of -2.3%. The current stock price of $184.56 is -18.7% from the 52-week high and has declined -9.2% over the past 30 days, though the company posted strong fundamentals with annual revenue growth of +68.8% and net income of $89,351,000.00. The scheduled nature of this sale and the recent negative price momentum post-transaction provide no timing signal about future direction.