Stephanie McMahon Cashes Out Nearly $3 Million Of WWE Stock
WWE Executive Stephanie McMcMahon-Levesque recently netted almost $2.9 million by cashing out a large portion of her WWE stock, according to financial documents filed with the SEC.
McMcMahon-Levesque sold 276,055 shares of WWE’s Class A Common Stock on the open market since August 1.
It’s worth stating that the sale date took place on the same day as WWE’s Second Quarter filing, where WWE reported “lousy” results, missed their previous estimates and several financial analysts lowered the outlook of WWE stock moving forward.
To view the “Statement of Changes in Beneficial Ownership” document showing the sale, visit SEC.gov.