WWE president Nick Khan offloads over $4 million in TKO shares

Nick Khan is proposing to sell a total of 28,557 shares of TKO stock!

WWE’s parent company, TKO Group Holdings, has filed new documents with the U.S. Securities and Exchange Commission (SEC), disclosing a major stock sale involving WWE President Nick Khan. TKO stock is currently worth $161.68 per share on the market.

As per a new SEC filing, the WWE President is selling 28,557 shares of TKO stock. Altogether, the shares are worth $4,506,580.17 based on market value.

The filing remarks, “The securities to be sold were acquired upon the vesting of restricted stock units duringthe period of 07/20/2023 through 01/02/2025.”

The WWE President has sold TKO stocks in the past, as per Wrestlenomics, he has made annual stock transactions to cover tax expenses.

Following the merger of UFC and WWE into a new media conglomerate in 2023,  Khan was appointed as WWE President, with a seat on TKO’s board of directors.

Nick Khan confirms WWE PLE plans for India

In an interview in April with Hindustan Times, WWE President Nick Khan said the company is considering having a Premium Live Event (PLE) in India in the next two years. While the promotion has held a handful of shows, including live events.

“That’s the goal, and we’re pencilling out 2026 and 2027 now. In one of our first meetings with Netflix after the deal was signed. Without asking, Netflix handed us a list of their priority countries. At the top of that list was India.

And knowing that the race would come into play on April 1 in India, if it’s important to Netflix, assume it’s important to us. India has always been important to us. So we’re pencilling it out now, and let’s wait and see.” Khan on holding a major event in India.

“WWE is the second most popular sport in India, behind cricket… There’s multi-generational viewing. Families watch it together. Women and men watch it alone.” Khan said on WWE’s popularity in the country.

“You’ll notice a lot of dramas and stories with deep narratives. That’s exactly what we believe WWE is.” the WWE President said on what the promotion brings to the country.

India is a huge market for the Stamford-based promotion and the promotion is now planning to give the fans in the country a spectacle in the form of a massive PLE. This will also mean the promotion of adding more destinations in their international PLEs, which have been expanding since the TKO merger.

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