Vince McMahon has sold TKO Group’s Class A common stock for the third time. On March 28th, an SEC filing revealed that the former Executive Chairman of TKO sold 3,484,006 shares to an unidentified bank from March 5th to 25th. McMahon has received approximately $100 million from the bank.
Vince McMahon still holds 11,518,099 shares of Class A common stock. As a percentage, it’s approximately 6% of TKO Group Holdings. From all three stock sales, McMahon has earned almost $1.2 billion.
Last November, McMahon sold 8.4 million shares to gain $641,844,000. On March 7th, McMahon had sold 5.35 million shares at $77 per share. Thus, McMahon has received a net profit of $408.1 million.