---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-277103"
form_type: "8-K"
ticker: "TKO"
cik: "0001973266"
company_name: "TKO Group Holdings, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:13:25.975219+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TKO Group announces $100M share repurchase as Vince McMahon sells 8.4M shares in secondary offering

## Summary
- Selling stockholder Vincent K. McMahon sold 8,400,000 shares of Class A common stock at $79.80 per share; TKO received no proceeds.
- TKO repurchased 1,308,729 shares from underwriters for approximately $100M, funded by borrowings under its revolver.
- CEO Ariel Emanuel and President Mark Shapiro each purchased 12,531 shares in the offering; other directors bought 10,650 shares.
- Secondary offering closed on November 14, 2023; underwriting agreement filed as Exhibit 1.1.

## SEC filing metadata
- accession: 0001193125-23-277103
- form_type: 8-K
- ticker: TKO
- cik: 0001973266
- company_name: TKO Group Holdings, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1973266/000119312523277103/0001193125-23-277103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1973266/000119312523277103/d331664d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-277103
- JSON: https://secwatch.observer/filing/0001193125-23-277103.json
- Plain text: https://secwatch.observer/filing/0001193125-23-277103.txt

## Key facts
- Material Agreements
  TKO Group Holdings, Inc. entered into Underwriting Agreement with Morgan Stanley & Co. LLC, as representative of the various underwriters, and Mr. Vincent K. McMahon valued at underwritten secondary offering of 8,400,000 shares of Class A Common Stock at $79.80 per share; TKO (effective 2023-11-09).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Morgan Stanley & Co. LLC, as representative of the various underwriters, and Mr. Vincent K. McMahon
  - Value: underwritten secondary offering of 8,400,000 shares of Class A Common Stock at $79.80 per share; TKO
  - Effective: 2023-11-09
  source text: On November 9, 2023, TKO Group Holdings, Inc. (“TKO” or the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with TKO Operating Company (“TKO OpCo”), Morgan Stanley & Co. LLC, as representative of the various underwriters (collectively, the “Underwriters”), and Mr. Vincent K. McMahon (the “Selling Stockholder”), in connection with the underwritten secondary offering by the Selling Stockholder of 8,400,000 shares of the Company’s Class A common stock, par value $0.00001 per share (the “Class A Common Stock”), at an offering price of $79.80 per share (the “Secondary Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1973266/000119312523277103/0001193125-23-277103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.