The Rock Acquires 96,000 Shares of TKO Stock
The Rock has recently increased his ownership in TKO stock by acquiring 96,557 more shares. This move was part of his agreement with the company when he joined back in January.
According to an SEC filing, on January 23, 2024, The Rock was granted 193,115 RSUs, with half of them vesting on December 31, 2024. The rest of the RSUs will vest in twelve equal monthly installments from January 31, 2025, through December 31, 2025. The RSUs are subject to potential acceleration or forfeiture based on the terms of the Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement between The Rock and the company, dated January 22, 2024.
With this recent acquisition, The Rock now holds 289,673 shares of the company. As of Friday’s closing price of $142.40 per share, this amounts to a total of $41.25 million in ownership.
