Documents filed with the United States Securities and Exchange Commission on June 3 revealed that former WWE Chairman and CEO Vince McMahon sold 1,579,080 shares of his Class A Common Stock to Endeavor Group Holdings, Inc.
This private transaction, with a per share price of $158.32, closed yesterday, June 4, for a total sum of $250 million.
Endeavor Group now owns 61.7% of TKO’s stock according to the latest documents filed with the SEC.
McMahon has cashed in over $2 billion so far in TKO stock sales over the past few years and now owns around 3% – or 6,442,325 – in TKO shares.
