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Comcast CEO Brian Roberts Sells $20 Million Worth Of Stock
Comcast chairman and CEO Brian Roberts sold $20.4 million worth of stock in the media giant
It’s not a significant part of his holdings and Deadline hears the sale is for year-end planning purposes, which is not unusual. Most of the shares sold were from awards of restricted stock units that were part of Robert’s compensation package this year, with a smaller portion from exercising options. The dual share structure is common among family-owned media companies, although the Roberts’ control has been relatively drama-free versus the Redstone’s with Paramount and the Murdoch’s with News Corp. and Fox.
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