Update on Vince McMahon’s TKO stock ownership

As mentioned during an interview last week, Vince McMahon remains as a TKO shareholder with an SEC regulatory filing Thursday showing just how much he still owns.
In an SEC 13G filing, McMahon’s current allotment sits at 8,021,405 shares as of September 30th of this year. The reason for the filing is that he exceeds 5% ownership of a specific class of stock which requires disclosure. In this case, his shares account for 9.88% of class A stock but his portion of all TKO shares remains under 5%. He has no voting rights.
In a talk with CNBC, TKO chief operating officer Mark Shapiro noted he had breakfast with the former TKO chairman recently “just to check in” following the recent Netflix docuseries drop. He said he hadn’t heard from McMahon at all and “wanted to see where he was” with everything. During that interview, he said McMahon still was a stockholder but was not involved in any TKO business, nor was he asked his opinion on anything. He said McMahon “couldn’t have been more positive” about the direction of WWE, but specifically said he wasn’t asked for his opinion.
McMahon remains under federal investigation following the Wall Street Journal exposed hush money scandal with the current sexual misconduct lawsuit against him by Janel Grant put on pause as the federal case continues.
Reports recently emerged that McMahon is preparing to launch an entertainment company that includes several former WWE executives.