Stephanie McMahon sells $2 million worth of WWE stocks
WWE Chief Brand Officer Stephanie McMahon unloaded 57,573 WWE shares on September 21 according to documents filed with the United States Securities and Exchange Commission.
Sold at $39.18 each, McMahon had an extra $2,255,710 in the bank and remains with 76,324 Class A Common Stock.
WWE is not having the best time on Wall Street lately and at time of this writing, shares were down 3% to $38 a piece. WWE shares has lost 40% of their value from the beginning of the year.
Stephanie Levesque sold 43 percent of her WWE stock yesterday. Worst timing possible since the stock is at the lowest price it's been in a long time.
— Dave Meltzer (@davemeltzerWON) September 22, 2020
On Stephanie's stock sale, it's 43% of her class A stock, not her class B stock which is a far larger chunk.
— Dave Meltzer (@davemeltzerWON) September 22, 2020
Triple H sold some in August, too… https://t.co/cG3yx5qdah
— Alex McCarthy (@AlexM_talkSPORT) September 22, 2020
