Steph McMahon Sells Over $2 Million Shares Of WWE Stock
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Stephanie McMahon may still be very closely associated with WWE, but she recently sold out on some more of her stock in the company.
According to a recent SEC filing on September 21, 2020, McMahon sold 57,573 shares of Class A common stock in WWE. The stock was valued at $39.18 per share, meaning that she sold $2,255,710.14 worth of stocks. Despite so much of the company being sold, McMahon still has 76,324 remaining shares in the company, so it’ll be interesting to see how much – if any – more of the company stock she sells.
In an added note to the SEC filing, the exact price of the stock is listed as a weighted average, with McMahon also required to provide complete information of the shares sold should they be requested. You can check the full note out below:
The price reported in Column 4 is a weighted average price received for the shares. The actual prices were in a range of $39.00 to $39.46. Mrs. Levesque will provide, upon request by the SEC staff, WWE or a shareholder of WWE, complete information regarding the number of shares sold at each price within the range.
Mrs. Levesque may also be deemed to be the indirect beneficial owner of shares of WWE common stock that are directly owned by her husband, Paul Levesque. Mrs. Levesque disclaims beneficial ownership of those shares.