TKO appoints Dwayne Johnson and Brad Keywell to board; grants $30M+ RSU to Johnson

TKO Group Holdings, Inc.

Board expanded from 11 to 13; Dwayne Johnson and Bradley Keywell appointed as director designees.
WWE assigned 'The Rock' trademarks and related IP to Johnson via IP Assignment Agreement.
Johnson entered Services Agreement for promotional services, licensing IP for up to 10 years.
Johnson receives RSU award worth ~$30M (based on 30-day VWAP), vesting in tranches through Dec 2025.
Johnson to continue receiving annual royalties from WWE (~$491K in 2023) and additional license royalties.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Dwayne Johnson

WWE director designee

TKO · TKO Group Holdings, Inc.

Effective: 2024-01-23
Filed: January 23, 2024, 6:59 PM ET

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.

Appointed

Bradley A. Keywell

EDR director designee

TKO · TKO Group Holdings, Inc.

Effective: 2024-01-23
Filed: January 23, 2024, 6:59 PM ET

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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Dwayne Johnson was appointed as WWE director designee at TKO Group Holdings, Inc..

Action: appointed
Role: WWE director designee

Exact text from the filing

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.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Bradley A. Keywell was appointed as EDR director designee at TKO Group Holdings, Inc..

Action: appointed
Role: EDR director designee

Exact text from the filing

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.

View on SEC.gov

TKO Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-012566

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