Following a healthy climb over the past week, World Wrestling Entertainment (NYSE:WWE) is 1.8% lower after disclosure of a sale of some $22M in stock by CEO Vince McMahon.
McMahon converted some 306,000 shares of Class B common stock into Class A shares on Friday, and sold all of that at prices ranging from $74.12 to $75.49 per share.
That's still just about 1% of his overall equity holding, though, as he sits on about $2.3B worth of WWE.
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