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David Zaslav Latest Media CEO To Unload Shares At Year End, Sells $30 Million-Worth Of Stock For Tax, Estate Planning
Warner Bros. Discovery CEO David Zaslav just sold $30.1 million worth of stock in connection with “year-end income tax and gift/estate planning purposes.”
The WBD chief also holds over 20 million stock options, some exercisable, some not, according to the April proxy statement on outstanding equity awards at the end of 2023. Zaslav and other media CEOs usually receive some combination of stock or option grants or both as part of their annual compensation packages. Last month, Disney CEO Bob Iger exercised options to sell 372,412 shares, or $42.7 million worth, ahead of a deadline.
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