Warner Bros. Discovery CEO David Zaslav files with U.S. regulators to sell about 2.18 million shares of the company, a transaction valued at roughly $59.5 million, according to separate reports citing an SEC filing. The planned sale comes as Zaslav prepares to leave his role in the coming months, amid an ongoing corporate process involving Warner Bros. Discovery’s ownership. Both outlets link the filing to Zaslav continuing to reduce his holdings while the company’s stock has risen. The reports also place the move in the broader context of pending efforts to complete Paramount’s proposed takeover of Warner Bros. Discovery, which is reported as still awaiting approval. Deadline additionally notes that the filing is reported to occur shortly after 12 U.S. states file an antitrust lawsuit intended to block Paramount’s $110 billion deal. Neither outlet indicates that the sale itself affects the status of the acquisition, but both describe it as part of Zaslav’s broader stock-cashing activity. The filings specify the number of shares and the estimated value, but do not provide further details on timing or completion in the summaries provided.
David Zaslav files to sell about $59.5 million of Warner Bros. Discovery shares
Warner Bros. Discovery CEO David Zaslav files with U.S. regulators to sell about 2.18 million shares of the company, a transaction valued at roughly $59.5 million, according to separate reports citing...
- David Zaslav files to sell about 2.18 million shares of Warner Bros. Discovery stock.
- The sale is reported as valued at roughly $59.5 million (about $59.47 million).
- Both outlets cite an SEC filing as the source of the transaction disclosure.
- The stock sale is described as part of Zaslav’s continued plan to cash out ahead of his departure.
- Reports place the filing alongside the still-pending Paramount takeover and mention a related antitrust lawsuit by 12 U.S. states.
Warner Bros. Discovery CEO David Zaslav is selling about $59.5 million in company stock, his latest move to cash in on the company’s stock rebound. The sale of the nearly 2.2 million shares was revealed in an SEC filing on Monday, hours after 12 states filed an antitrust lawsuit intended to block Paramount’s $110 billion […]
4 hours agoAs Paramount Skydance’s deal to take over Warner Bros. Discovery is still pending, WBD CEO David Zaslav is continuing to cash out his stock in the company he is set to depart in the coming months. Zaslav filed to sell about 2.18 million shares of Warner Bros. Discovery stock, valued at $59.47 million, according to […]
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