The Securities and Exchange Commission says that it has reached a settlement deal with former WWE CEO Vince McMahon relating to undisclosed payments to an employee and an independent contractor with whom he allegedly had relationships with.

McMahon will pay a $400,000 civil penalty, and will reimburse the WWE more than $1.3 million.

The SEC charges stem from two settlement agreements McMahon made, one signed in 2019 and another in 2022. The agreements were made on behalf of himself and the company, but the SEC said that he did not disclose them to the WWE board. McMahon was CEO at the time.