Nick Khan has recently sold a significant number of TKO shares related to WWE, according to new SEC filings. He offloaded 28,557 shares of TKO stock, valued at approximately $4.5 million. The documents clarify that these shares became available following the vesting of restricted stock units between July 20, 2023, and January 2, 2025.
Since joining WWE in 2020, Khan has rapidly risen through the ranks and now plays a crucial role in making major financial decisions for the company. He also represents WWE and TKO at media events, offering insights into thriving in competitive industries.
Khan isn’t the only one reducing his stake in TKO’s stock. In April 2024, Vince McMahon ended his decades-long association with WWE by selling his remaining shares in TKO, officially closing the chapter on his connection with the company. WWE and McMahon’s relationship had spanned nearly 50 years.
Currently, TKO shares trade at $161.68 each in the stock market.
Fan Take: This move by Nick Khan highlights a new phase in WWE’s leadership and financial strategy, signaling the evolution of the company beyond its traditional roots. For fans, it could mean fresh directions and innovations in the sport as power gradually shifts to the newer generation of executives.
