Tag: TKO Stock

Vince McMahon sells over 1.5 million shares of TKO stock

Posted on June 4, 2025June 4, 2025 by Josh Nason

Former WWE chairman Vince McMahon sold over 1.5 million shares of TKO stock to Ari Emanuel’s former company Endeavor.

The news came via an SEC filing TKO made on Wednesday from the transaction that took place Tuesday and was completed Wednesday.

Endeavor, now owned by private equity firm Silver Lake Investments, purchased 1,579,080 shares of Class A common stock from McMahon at $158.32 per share — a total sale bringing McMahon approximately $250 million.

Wrestlenomics’ Brandon Thurston noted that unless McMahon made another transaction since September 2024, he now holds 6,442,325 shares of TKO, bringing him to 3% ownership of the company. He has no voting rights.

14 months ago, McMahon listed all of his TKO stock for sale which at that point stood at 8,021,405 shares. From late-2023 through the spring of 2024, McMahon sold over $1.5 billion in stock through five distinct sales.

McMahon has been working on a sports, entertainment and media investment firm called 14TH & I. He remains under litigation from Janel Grant in her sex trafficking & sexual assault lawsuit, and as a defendant in the “ring boys” lawsuit.

Updates on WWE president Nick Khan’s TKO stock situation & employment term

Posted on May 2, 2024 by Josh Nason

The internet rumor mill surrounding the possible sale of Vince McMahon and WWE president Nick Khan’s remaining TKO shares continued this week with talk show host and Raw commentator Pat McAfee even adding some “breaking news” as he called it.

While talking to Drew McIntyre on Wednesday, McAfee said any rumors about Khan selling his stock were “not true.”

“(He) has never sold a single share of any stock since getting to the WWE. Hasn’t even put them up for sale which is an entire process to do that, so that was a bunch of bullsh*t as well,” he said.

However, that isn’t entirely accurate.

While Khan has yet to sell any shares, he did go through that entire process in posting his current allotment of 234,424 shares back in September 2023 when the WWE/UFC merger happened. (McMahon did the same in posting his allotment of shares at the same time.)

In another SEC filing that came out last Friday, those allotments were again the same amounts with no changes from September or in April when another filing was released.

Some took the listing as a sign Khan was leaving WWE, but in a March 2024 SEC filing, it stated he had signed an employment contract amendment that extended his deal through December 2026. As part of that amendment, Khan was awarded 153,676 shares that vest in thirds every December through the end of the deal.

Khan, and McMahon for that case, are under no obligation to sell all or any of their listed shares. It’s seen as making the process easier in case there are those interested in them.

Wrestlenomics’ Brandon Thurston recapped some of the details within Khan’s amended deal:

Comparing this to his Mar 2023 amendment:

His base annual salary is now $2.0M – up from $1.5M.

Incentive bonus is now 150% of his salary (150% of $2.0M=$3.0M) – up from 175% of his prior salary (175% of $1.5M=$2.6M)

At the end of each year, 2024, 2025, and 2026, he gets a…

— Brandon Thurston (@BrandonThurston) May 2, 2024

Vince McMahon sells more than $300 million of stock to Endeavor & TKO

Posted on April 8, 2024 by Josh Nason

In what is becoming a recurring theme, Vince McMahon has continued to sell his stockpile of TKO stock with this round gaining some additional significance in terms of public reporting.

Announced via an SEC filing Monday morning, it was revealed that the former TKO/WWE chairman committed to selling over 1.64 million shares to TKO parent company Endeavor for $146.2 million and over 1.85 million shares to TKO for $165 million, both based on a share price of $89.01.

Agreed upon last Thursday, the Endeavor purchase is expected to close this Tuesday while the TKO purchase is expected to close this Wednesday.

After the anticipated sales, McMahon will have just over eight million total TKO shares and according to Wrestlenomics’ Brandon Thurston, that will put McMahon at 4.7% ownership of TKO. That is notable as once a stockholder owns under five percent of a publicly traded company, they no longer need to publicly file beneficial owner reports with the SEC.

It’s the fourth and fifth unique TKO stock sale instance McMahon has conducted since November:

In November, McMahon sold approximately 30% of his stock (8.4 million shares) for nearly $700 million.
The second came in March with McMahon selling 25% of his remaining stock for $408 million.
The third also came in March with McMahon selling nearly 3.5 million shares for $100 million to Morgan Stanley to complete a margin loan transaction he took in March 2020.

In total, McMahon has brought in more than $1.5 billion from the various sales.

The 78-year-old resigned as TKO executive chairman this past January after being accused of sex trafficking and sexual assault in a lawsuit filed by former WWE employee Janel Grant.