Dwayne “The Rock” Johnson has increased his stake in TKO Group Holdings, acquiring 96,557 additional shares, as disclosed in a recent SEC filing. This purchase is part of the agreement he made when joining the company in January. As a result, Johnson now owns 289,673 shares in TKO.
With TKO shares closing at $142.40 on Friday, the total value of his holdings is now approximately $41.25 million. This move highlights his growing investment in TKO, which was formed by the merger of WWE and UFC. Known for his business acumen, Johnson’s increased stake reflects his confidence in TKO’s future and his continued influence in both entertainment and business.
The filing notes:
On January 23, 2024, the Reporting Person was granted 193,115 RSUs, one half of which vested on December 31, 2024. The remaining portion of the RSUs will vest in twelve equal monthly installments on the last day of the month for the period from January 31, 2025 through December 31, 2025. These RSUs are subject to potential acceleration or forfeiture in accordance with the terms of that certain Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement, dated as of January 22, 2024, between the Issuer and the Reporting Person.
