Vince McMahon Sells More TKO Stock In Latest SEC Filing; Over 3.4 Million TKO Shares Gone

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Vince McMahon is continuing to sell off his stake in TKO, the merged entity of WWE and UFC. A new SEC filing reveals two separate stock transactions.

Firstly, McMahon is selling 1,642,970 shares to Endeavor, TKO's parent company, for $146.2 million. Secondly, he's selling 1,853,724 shares directly to TKO for $165.0 million. These sales will leave McMahon with approximately 8 million shares remaining.



The filing provides details on the agreements. Endeavor agreed to purchase the shares at $89.01 each, with a closing date expected around April 9th. TKO, on the other hand, will repurchase its own shares at the same price, with a closing date anticipated around April 10th. TKO plans to retire these repurchased shares.

This marks the latest in a series of stock sales by McMahon since November 2023. The reasons behind these divestitures remain unclear.

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