David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock

David Zaslav, president and CEO of Warner Bros. Discovery, filed to sell just over $114 million worth of stock in the company. His planned sale of the shares comes less than a week after WBD clinched a deal to sell itself to Paramount Skydance for $31 per share, after Netflix walked away from its deal […]

3 Mar, 23:29 — 4 Mar, 00:17

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Why this matters

This stock sale by the CEO and other executives comes after a period of intense dealmaking and a recent successful acquisition by Warner Bros. Discovery. Such sales can signal confidence in the company's future or provide liquidity for executives after a period of restricted trading.

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Key entities

David ZaslavPresident and CEO of Warner Bros. Discovery Warner Bros. DiscoveryMedia and entertainment company Bruce CampbellWarner Bros. Discovery executive JB PerretteWarner Bros. Discovery executive Gunnar WeidenfelsWarner Bros. Discovery executive

Coverage Timeline

First report: variety · 3 Mar, 23:29|Full coverage: All 2 sources within 49m|Window: 49m

variety3 Mar, 23:29First to report