Todd Spangler NY Digital Editor Brian Roberts, chairman and CEO of Comcast, has sold $20.4 million worth of shares in the media and cable giant, a small portion of his holdings.
The 469,515 shares Roberts sold on Nov. 26 represent less than 2% of his Comcast stock ownership. The Class A shares he sold were restricted stock units and options acquired as part of his compensation in January and March of this year, according to an SEC filing Tuesday.
As of February 2024, Roberts beneficially owned 31.3 million of Comcast’s Class A shares, less than 1% of its outstanding shares.
He also owns 100% of Comcast’s Class B common stock, representing 33.3% of the combined voting power of the company’s two classes of voting common stock.
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