David Zaslav Sells 194,999 Shares of Warner Bros. Discovery (NASDAQ:WBD) Stock
MarketBeat
Warner Bros. Discovery, Inc. (NASDAQ:WBD - Get Free Report) CEO David Zaslav sold 194,999 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $28.02, for a total transaction of $5,463,871.98. Following the completion of the sale, the chief executive officer owned 6,807,934 shares in the company, valued at $190,758,310.68. This represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:WBD