Vince McMahon sold 1.547 million shares of WWE stock today. The sale price was not revealed, but it’s believed to have netted the WWE chairman over $32 million.
This is not the first major sale executed on behalf of Mr. McMahon this year. He sold over 2 million shares this past may, netting him over $36 million.
According to the SEC filing, the sale was done for estate planning purposes and asset diversification.
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