Updates on WWE President Nick Khan’s TKO Stock Situation & Employment Term in todays Wrestling news
Khan’s WWE career has been the subject of much speculation on the internet.
The internet rumor-mill surrounding the possible sale Vince McMahon’s and WWE President Nick Khan’s remaining TKO share continued this week, with talk show host Pat McAfee and Raw commentator adding some “breaking” news as he called.
McAfee told Drew McIntyre that any rumors regarding Khan selling his stock are “not true” when they spoke on Wednesday.
“(He has) never sold a share of stock since joining the WWE. He hasn’t even listed them for sale, which is a whole process. So that was also a bunch bullsh*t,” he said.
This is not entirely accurate.
Khan has not sold any shares yet, but he went through the entire process when he posted his current allotment in September 2023 during the WWE/UFC merge. McMahon also posted his allotment at the same time.
In a second SEC filing released last Friday, the allotments remained unchanged from September or April.
Some interpreted the listing as a sign that Khan was leaving WWE. However, in a SEC filing from March 2024, it stated that he had signed a contract amendment extending his deal until December 2026. Khan received 153,676 shares as part of this amendment. These will vest in thirds each December until the end of the contract.
Khan and McMahon in this case are not required to sell any or all of their listed shares. It’s seen to make the process easier if there are any interested parties.
Brandon Thurston, Wrestlenomics, recapped a few of the details in Khan’s amended agreement:
Updates on WWE President Nick Khan’s TKO Stock Situation & Employment Term in todays Wrestling news, Chatalong Chatbox, Results will be Hidden inside a spoiler Button so you will not bet spoiled about direct results.
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