{"id":312060,"date":"2026-03-04T05:17:07","date_gmt":"2026-03-04T05:17:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/312060\/"},"modified":"2026-03-04T05:17:07","modified_gmt":"2026-03-04T05:17:07","slug":"david-zaslav-cashes-in-over-100-million-of-warner-bros-discovery-stock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/312060\/","title":{"rendered":"David Zaslav Cashes In Over $100 Million Of Warner Bros Discovery Stock"},"content":{"rendered":"<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\t<a href=\"https:\/\/deadline.com\/tag\/warner-bros-discovery\/\" id=\"auto-tag_warner-bros-discovery\" data-tag=\"warner-bros-discovery\" rel=\"nofollow noopener\" target=\"_blank\">Warner Bros. Discovery<\/a> chief executive <a href=\"https:\/\/deadline.com\/tag\/david-zaslav\/\" id=\"auto-tag_david-zaslav\" data-tag=\"david-zaslav\" rel=\"nofollow noopener\" target=\"_blank\">David Zaslav<\/a> is selling stock worth north of $114 million, according to an SEC filing Tuesday, with the company\u2019s sale to Paramount pending and the cash starting to flow.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe CEO filed to sell just over 4 million shares. The filing indicated that Zaslav, who has been richly showered with grants over the years, acquired the shares as part of his <a href=\"https:\/\/deadline.com\/tag\/compensation\/\" id=\"auto-tag_compensation\" data-tag=\"compensation\" rel=\"nofollow noopener\" target=\"_blank\">compensation<\/a> between January of 2023 and February of 2026. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tSeveral other top <a href=\"https:\/\/deadline.com\/tag\/wbd\/\" id=\"auto-tag_wbd\" data-tag=\"wbd\" rel=\"nofollow noopener\" target=\"_blank\">WBD<\/a> execs also shed shares worth seven figures this week including CFO Gunnar Wiedenfels, Chief Revenue &amp; Strategy Officer Bruce Campbell, Chief Accounting Officer Lori Locke, President of International Gerhard Zeiler, Global Streaming President &amp; CEO JB Perrette, Chief Legal Officer Priya Aiyar and HR chief Amy Girdwood.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe flood comes as a trading window opened for executives involved in any deal negotiations. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tWBD last week scuppered a deal with Netflix and agreed to sell itself to Paramount after a week of talks and months of unsolicited offers from the David Ellison company. It deemed Par\u2019s latest $31 dollar a share offer a superior proposal. Netflix had the right to match but declined, backing away with a $2.8 billion termination fee.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tParamount expects the merger to close in the third quarter of this year.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tZaslav, who has often been the highest paid media CEO and one of the top across industries some years, will see a windfall when WBD is sold. A filing in December detailed potential transaction-related compensation that valued his unvested equity awards at $537 million based on Paramount\u2019s previous $30 a share offer. It would be higher at $31. He\u2019ll also receive cash severance, a bonus, salary and benefits as part of his employment agreement with WBD if there\u2019s a change in control at the company. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tWBD will address Zaslav\u2019s compensation in its upcoming proxy statement.<\/p>\n","protected":false},"excerpt":{"rendered":"Warner Bros. Discovery chief executive David Zaslav is selling stock worth north of $114 million, according to an&hellip;\n","protected":false},"author":2,"featured_media":312061,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[334,16650,156,111,139,69,169726,437,3204,75382],"class_list":{"0":"post-312060","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-compensation","9":"tag-david-zaslav","10":"tag-entertainment","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-paramount-wbd","15":"tag-tv","16":"tag-warner-bros-discovery","17":"tag-wbd"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/312060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=312060"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/312060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/312061"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=312060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=312060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=312060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}