WWE Co-President Michelle Wilson Sells Nearly 80% Of Her Company Stock

WWE Co-President Michelle Wilson sold 158,134 shares of her WWE stock last week. The shares, which amounted to 79% of her stake in the company, were sold at $69.30 worth $10,958,686.20.

Wilson now owns 41,508 shares worth around $2.7 million. According to Bloomberg, WWE is stating that she sold the shares for personal reasons. It was noted that she still has enough equity to meet the requirements for an officer at the company.

As previously reported, Wilson had also sold shares in late July, along with fellow WWE Co-President George Barrios, WWE CEO Vince McMahon, Paul "Triple H" Levesque, Stephanie McMahon, Kevin Dunn and Mark Kowal. Wilson had sold around $4.5 million of company stock during that transaction.

WWE stock is currently trading at $69.47, down 30% from its peak of $99 this past April.