{
  "id": 934938,
  "title": "Warner Bros. Discovery CEO David Zaslav sells $27.1m in company stock",
  "url": "https://urgent.news/2026/08/15/warner-bros-discovery-ceo-david-zaslav-sells-27-1m-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T02:01:03.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/warner-bros-discovery-ceo-david-zaslav-sells-271m-in-company-stock-93CH-4861702"
  },
  "original_language": "en",
  "account": "Warner Bros. Discovery head David Zaslav has sold $27.1 million worth of the company's stock. On August 13 and 14, 2026, he traded 968,172 shares in multiple transactions, with prices between $28.00 and $28.15 per share. The sales were made under a pre-set Rule 10b5-1 trading plan, established in March 2026. The stock had previously surged 136% over the past year, after hitting a 52-week low of $11.25. Despite the recent sales, Zaslav also exercised employee stock options to purchase 873,266 shares at $10.16 per share, amounting to $8,872,382. These acquisitions were made under a June 2025 grant, with the shares becoming vested over five annual periods starting June 12, 2026. As a result, Zaslav currently owns 6,807,934 shares directly and holds 17,935,634 derivative securities as employee stock options. Warner Bros. Discovery reported strong second-quarter earnings, earning $0.06 per share, while revenue stood at $8.7 billion, below the anticipated $9.22 billion. The company's streaming revenue reached $3 billion for the first time in a quarter. Meanwhile, the U.K. government has approved the $81 billion acquisition of Warner Bros. Discovery by Paramount, ensuring editorial independence for the combined entity. Benchmark maintains a Hold rating on the company amid discussions of potential divestitures, including CNN, to address a State AG antitrust lawsuit.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Kratos Defense CEO Eric DeMarco sells $19.3 million in stock",
        "url": "https://urgent.news/2026/08/15/kratos-defense-ceo-eric-demarco-sells-19-3-million-in-stock",
        "published": "2026-08-15T00:15:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}