Vince McMahon has sold off another large chunk of his TKO stock.
According to a new SEC filing, Endeavor has purchased 1,579,080 shares of TKO stock from McMahon at a price of $158.32 per share, totaling approximately $250 million.
Despite the sale, McMahon still owns 6,442,325 shares, representing around 3% of TKO.
To date, McMahon has offloaded over $2 billion worth of TKO stock, including a $311.2 million sale to TKO and Endeavor in April 2024.
This comes in the wake of a lawsuit filed in January 2024 by former WWE employee Janel Grant, accusing McMahon of sexual assault and sex trafficking. McMahon resigned from WWE and TKO shortly after the lawsuit was filed.
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