David Zaslav Sells $114 Million in Warner Bros. Discovery Stock [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Lucas Manfredi 1 min read David Zaslav (Credit: Jamie McCarthy/Getty Images) Warner Bros. Discovery CEO David Zaslav is selling over $114 million in stock, according to a new filing with the U.S. Securities and Exchange Commission Zaslav is selling 4,004,149 shares on Tuesday with an aggregate market value of $114,118,246, per the filing. WBD has approximately 2.48 billion outstanding shares. The sale comes less than a week after WBD entered into a $110 billion merger with Paramount Skydance. The deal came after Netflix, which struck an $83 billion deal in December to acquire Warner's streaming and studio assets, dropped out of the bidding war. Prior to dropping out, Netflix granted WBD's board a limited waiver to reopen talks with Paramount CEO David Ellison for seven days after rejecting multiple bids. Ellison's tenth and final bid would be valued at $31 per share. The Paramount-WBD merger is expected to close by Sept. 30. If it takes longer than that, shareholders wi
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WBD
Earnings
- 2/26/26 - Miss
WBD
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- WBD's page on the SEC website