WWE is going through a very interesting time in their corporate life. We previously reported that Kevin Dunn unloaded a ton of WWE stock, but he wasn’t alone.
Recently uncovered SEC filings show that Executive Vice President of Operations Bradley Blum also unloaded a considerable amount of company stock. He sold 16,358 shares for $45.32 each.
This sale put $741,344.56 in Blum’s pocket. Executive Vice President of Television Production Kevin Dunn sold nearly $1.5 million worth of company shares earlier this week.
It’s unknown why WWE executives are selling off so much stock right now. There are rumors about WWE being sold off as well. A lawsuit is also in progress which seeks to nail WWE executives including Kevin Dunn for shady Wall Street practices.