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There is a big news story that has caught the attention of wrestling fans. A recent SEC filing by TKO has revealed that Nick Khan, the President of WWE, has registered to sell all 234,424 shares of his TKO stock. This includes 180,530 Class A common stock. Just like Vince McMahon, who also listed his shares for sale, Khan’s shares have not been sold yet and are only listed.
The filing shows that Khan has 53,894 shares. The total of 234,424 shares includes 180,530 shares of Class A common stock that can be converted from a portion of restricted stock units held by Mr. Khan. These shares do not vest within 60 days of the filing date.
Nick Khan joined WWE in 2020, bringing his expertise to the wrestling industry. It is unclear at this time if Khan’s decision to sell his shares is linked to any potential involvement in the Janel Grant lawsuit, or if it is related to his future plans with WWE.