Warner Bros. Discovery CEO David Zaslav sold $30M in company stock for tax and estate planning.

Warner Bros. Discovery CEO David Zaslav sold about $30 million worth of company stock, totaling 2.6 million shares, for tax and estate planning. The sales, made from December 16th at an average price of $11.73 per share, leave Zaslav with around 3.45 million shares. This transaction comes as the company's stock has declined by about 65.7% since its merger in April 2022, though it has risen 61.5% from recent lows.

3 months ago
8 Articles