{"id":7464,"date":"2016-05-17T09:23:31","date_gmt":"2016-05-17T14:23:31","guid":{"rendered":"http:\/\/prowrestling.net\/site\/?p=7464"},"modified":"2016-05-17T09:23:31","modified_gmt":"2016-05-17T14:23:31","slug":"vince-mcmahon-sells-over-two-million-shares-of-wwe-stock","status":"publish","type":"post","link":"https:\/\/prowrestling.net\/site\/2016\/05\/17\/vince-mcmahon-sells-over-two-million-shares-of-wwe-stock\/","title":{"rendered":"Vince McMahon sells over two million shares of WWE stock"},"content":{"rendered":"<div id=\"prowr-809414985\" class=\"prowr-apple-podcast-button-link prowr-entity-placement\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/pro-wrestling-boom-podcast\/id1365989370\" aria-label=\"SUBSCRIBE IN APPLE PODCASTS\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?fit=320%2C78&#038;ssl=1\" alt=\"SUBSCRIBE IN APPLE PODCASTS\"  srcset=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?w=320&ssl=1 320w, https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?resize=300%2C73&ssl=1 300w\" sizes=\"(max-width: 320px) 100vw, 320px\" width=\"320\" height=\"78\"   \/><\/a><\/div><p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2747 alignright\" src=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/post\/2016\/02\/vince1.jpg?resize=225%2C225\" alt=\"vince1\" width=\"225\" height=\"225\" srcset=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/post\/2016\/02\/vince1.jpg?w=225&amp;ssl=1 225w, https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/post\/2016\/02\/vince1.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/post\/2016\/02\/vince1.jpg?resize=70%2C70&amp;ssl=1 70w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/>Vince McMahon sold 2,191,894 shares of WWE stock on Monday, according to a document filed with the SEC and listed at <a href=\"http:\/\/ir.corporate.wwe.com\/Cache\/c34350508.html\" target=\"_blank\">Corporate.WWE.com<\/a>. &#8220;After the sale, Mr. McMahon beneficially owns 37,080,747 shares of the Company\u2019s Class B common stock, which represents approximately 86% of the Company\u2019s total voting power and approximately 48.8% of the Company\u2019s total outstanding shares of common stock,&#8221; reads the SEC filing.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Powell&#8217;s POV:<\/strong><\/span> The filing also states that &#8220;Mr. McMahon informed the Company that he has no current plans to sell any shares of the Company\u2019s stock and that he intends to continue in his capacity as the Company\u2019s Chairman and Chief Executive Officer for the foreseeable future.&#8221;<\/p>\n<div id=\"prowr-2056385983\" class=\"prowr-after-content prowr-entity-placement\"><a class=\"spreaker-player\" href=\"https:\/\/www.spreaker.com\/show\/pwboom\" data-resource=\"show_id=3275525\" data-theme=\"light\" data-playlist=\"show\" data-width=\"100%\" data-height=\"340px\">Listen to \"Pro Wrestling Boom Podcast\" on Spreaker.<\/a><script async src=\"https:\/\/widget.spreaker.com\/widgets.js\"><\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Vince McMahon sold 2,191,894 shares&#8230;<\/p>\n","protected":false},"author":5,"featured_media":2747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,4],"tags":[56,101],"class_list":["post-7464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsticker","category-wwe_news","tag-vince-mcmahon","tag-wwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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