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✓ Published: 07-Mar-2024
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✓ Published: 07-Mar-2024
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WWE Founder Vince McMahon filed to sell 5.35 million shares of TKO stock worth $411.95 million. This came after he sold $670.3 million shares in TKO last November. As of the end of 2023, McMahon had owned 20.35 million TKO Group’s Class A shares, meaning he still owns about 15 million shares. In January, a former WWE employee sued McMahon, WWE, and a former WWE executive, alleging sexual abuse and exploitation. McMahon resigned from TKO’s board while denying the allegations against him.
WWE Founder Vince McMahon filed to sell 5.35 million shares of TKO stock worth $411.95 million. This came after he sold $670.3 million shares in TKO last November. As of the end of 2023, McMahon had owned 20.35 million TKO Group’s Class A shares, meaning he still owns about 15 million shares. In January, a former WWE employee sued McMahon, WWE, and a former WWE executive, alleging sexual abuse and exploitation. McMahon resigned from TKO’s board while denying the allegations against him.
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