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Triple H, Stephanie McMahon Among WWE Execs Who Sold More Than $160M in Shares
Timothy RappJul 24, 2018
A number of WWE executives sold over $160 million worth of company shares, according to Aaron Varble of WrestlingInc.com, including Triple H, Stephanie McMahon andย Kevin Dunn.ย
Varble shared the exact numbers WWE executives sold:
- Executive vice president of television production Dunn: 122,926 shares for $10.2 million
- Co-president Michelle Wilson: 121,181 shares for $10 million
- Co-president George Barros: 120,546 shares for $9.9 million
- Chief brand officer Stephanie McMahon Levesque: 17,373 shares for $1.4 million
- Executive vice president of talent, live events and creative Paul Levesque (Triple H): 17,272 shares for $1.4 million
- President, WWE Studios Michael Luisi: 16,579 shares for $1.3 million
- Corporate controller Mark Kowal: 4,913 shares for $407,386
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Per that report, the WWE's stocks have risen considerably in value after the company made a deal with Fox Sports, which included aย five-year, $1 billion dealย to broadcast SmackDown Live on Fox starting in October 2019.ย
Had Vince MacMahon waited to unload hisย 3.34 million sharesโwhich he did in December 2017 to fund the XFL, pulling inย $100 million dollarsโhe would have instead madeย $276.9 million.
Patience is indeed a virtue.ย ย ย
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