Kevin Dunn sells more of his WWE stock
Kevin Dunn decided this week to cash out a little over one million dollars in WWE stock as the stock market had a strong week.
The WWE Executive Producer & Chief of Global Television Distribution did so on Thursday, according to a new SEC filing by WWE. He sold 30,000 shares of Class A Common Stock.
The shares were priced at approximately $44.79 each, which made for a total of around $1,343,700. Dunn still has 73,811 shares of WWE stock left.
The WWE executive has sold stock for years. In fact, this past April he did so when he sold 33,000 shares that resulted in him getting $1,500,180 and in July by letting go of 21,809 shares for around $1,008,884
Stephanie McMahon sold 43 percent of her WWE stock back in September. Brandon Thurston of Wrestlenomics shared these additional details:
WWE EVP Kevin Dunn has sold 30,000 shares of WWE, at an average price of $44.79 per share. Proceeds are worth $1,343,700.
This is normal. Dunn has sold thousands of shares most years since at least 2006.https://t.co/ROszt13N4D pic.twitter.com/I8a2Hzcbya
— Brandon Thurston (@BrandonThurston) December 3, 2020
Kevin Dunn’s history as a WWE shareholder: pic.twitter.com/DI1Le42sOY
— Brandon Thurston (@BrandonThurston) December 3, 2020