Todd Spangler NY Digital Editor Vince McMahon, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell $411.95 million worth of TKO stock, according to a regulatory filing.
McMahon’s sale comprised 5.35 million shares of TKO, per an SEC filing Monday. That came after he sold 8.4 million shares of Class A common stock in TKO — in sale worth $670.3 million — last November.
As of the end of 2023, McMahon had owned 20.35 million shares of TKO Group’s Class A shares, meaning he still owns about 15 million shares.
He was the longtime leader of WWE prior to its September 2023 merger with Endeavor-owned UFC. In January, former WWE employee Janel Grant sued McMahon, WWE, and former WWE executive John Laurinaitis.
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