Vince McMahon Selling $412M in TKO Stock Hollywood Reporter

Image for article Vince McMahon Selling $412M in TKO Stock  Hollywood Reporter
News Source : Hollywood Reporter

News Summary

  • The sale comes after McMahon stepped down from his posts at TKO Group due to a lawsuit accusing him of sex trafficking and battery by a former WWE employee
  • During his tenure at WWE, McMahon paid hush money payments to quietly resolve accusations of sexual misconduct
  • He lost roughly 87,000 shares of unvested stock units due to his departure
WWE founder Vince McMahon, who stepped down from his posts as executive chairman and board member of TKO Group amid renewed scrutiny around sexual misconduct, is selling a substantial chunk of his st [+1725 chars]

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