Vince McMahon sells over 3.4 million TKO shares

A new filing with the SEC has revealed that Vince McMahon has sold over 3.4 million shares of stock in TKO Group Holdings.

Of this, over 1.8 million were sold to TKO itself, with over 1.6 million going to parent company Endeavor.

Per Fightful, the value of these shares amounts to over $311 million, with the stocks sold to TKO amounting to $0.00001 per stock and the Endeavor sale being made at the per share price of $89.01.

This follows a previous report of McMahon selling TKO shares worth $100 million in late March.

The former TKO Executive Chairman resigned from his position after a lawsuit was filed by Janel Grant accusing McMahon, WWE, and former executive John Laurinaitis of sex trafficking, emotional abuse, and sexual assault.

Total
0
Shares