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WWE shares are doing very well right now and some executives, including Triple H, Stephanie McMahon and Kevin Dunn, have recently sold a lot of their shares. According to SEC statements released today, a number of WWE executives landed shares while prices rose to $ 82.92 per share.
WWE shares fell to $ 81.05 this morning, but closed at $ 82.52. WWE executives sold a total combined number of shares of $ 160,807,208.
WWE stock prices have risen steadily since the announcement of the deal with Fox Sports. SmackDown Live will begin broadcasting on Fox every Friday starting October 2019 on a $ 1 billion five-year deal
Vince McMahon sold 3.34 million WWE shares in December 2017 to finance Alpha Entertainment for the renaissance of XFL football in 2020 league. At the time, McMahon landed its shares for $ 32 each for an estimated $ 100 million. If he had waited and sold his shares with the rest of those executives, he would have made about 276,952,800 million dollars to start the new XFL.
You can check the list of
- Executive Vice President, Television Production, Kevin Dunn: 122,926 shares for $ 10,193,023.90
- Co-Chair, Michelle Wilson: 121,181 shares for $ 10,048,328.50
- Co-Chair, George Barros: 120,546 shares for $ 9,995,474.32
- Chief Trademark Agent, Stephanie McMahon Levesque: 17,373 shares for 1,440,569, $ 16
- Paul Levesque (Triple H), Executive Vice President, Talent, Live Events and Creation: 17,272 shares for $ 1,432,194.24 [19659008] President, WWE Studios, Michael Luisi: 16,579 shares for $ 1,374,730.68
- Corporate Controller, Mark Kowal: 4,913 shares for $ 407,385.96
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