WWE announced yesterday in an SEC filing that Vince McMahon recently sold 2,191,894 shares of WWE stock. The worth of those shares is approximately $38-39 million. The shares represented about 6% of the company’s outstanding shares and leaves Vince with 37,080,747 shares of WWE, or 48.8% of all WWE shares. You can find the SEC filing below. It was also noted that Vince sold the shares for, “estate planning purposes for the benefit of Mr. McMahon and certain members of Mr. McMahon’s family.”
Pro Wrestling business analyst Brandon Howard posted the following chart to his Twitter page taking a look at the key owners of WWE shares at this moment:
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