Overview

• Vince McMahon sold 5.35 million shares of TKO Group, netting over $400 million.
• The sale reduces McMahon's stake in TKO to about 15 million shares, following his resignation amid sexual assault allegations.
• Former WWE employee Janel Grant's lawsuit accuses McMahon of sexual abuse and trafficking, leading to his resignation.
• McMahon denies the allegations, vowing to defend himself and clear his name.
• The scandal has prompted WWE to sever ties with McMahon, removing all mentions of him from programming.