Vince McMahon forfeits WWE inventory following retirement

Vince McMahon has disposed of a portion of his WWE inventory following his retirement.

The previous CEO of the corporate resigned from the promotion final Friday. He introduced his retirement on Twitter and later launched an official assertion. The 76-year-old claimed that it was time for him to retire and thanked the WWE Universe. Vince is at the moment below investigation for alleged “hush cash” funds to a number of former feminine staff.

Based on a brand new SEC Submitting on the promotion’s official company web site, McMahon has disposed of 38,519 shares of WWE inventory at $0. The submitting states that the disposed inventory “consists of a portion of unvested inventory models beforehand reported in Desk I which have been forfeited by Mr. McMahon in connection along with his retirement from the Firm efficient July 22, 2022”.

Vince nonetheless owns 69,157 shares of WWE inventory, which “excludes 100 shares of Class A Widespread Inventory owned individually by Mr. McMahon’s spouse, Linda McMahon.”

Vince McMahon sends message to WWE Superstars following his retirement

The announcement of McMahon’s retirement shocked the wrestling world in addition to the expertise working in WWE. He made a few appearances on packages through the scandal, making it look like he wasn’t going anyplace.

After it was introduced that he was stepping away, Vince McMahon despatched out an inside memo to the WWE Superstars. He allow them to know that he could be watching regardless of not being backstage anymore.

“You might be WWE’s solely pure useful resource, chosen to carry out in entrance of a worldwide viewers. You might be all WWE International Ambassadors. Carry the WWE flag wherever you go. Wave it excessive and proud. And bust your ass to be all you could be as a persn and as a performer. One different factor — I gained’t be with you, however I’ll be watching. Bear in mind to maintain your fingers up, seize maintain, and promote.” (H/T to Wrestling Inc)

What do you assume Vince McMahon will likely be remembered essentially the most for following his retirement from WWE? Tell us within the feedback part beneath.

We requested Liv Morgan when Principle ought to money in. Her reply might shock you.

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Edited by Brandon Nell