Vince McMahon sells over 1.5 million shares of TKO stock

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.