Comcast CEO Brian Roberts Sells $20 Million Worth Of Stock
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deadline.comComcast chairman and CEO Brian Roberts just sold $20.4 million worth of stock in the media giant. The circa 469.5 million Class A common shares were divested Tuesday, according to an SEC filing.
It’s not a significant part of his holdings, and Deadline hears the sale is for year-end planning purposes, which is not unusual.
Most of the shares sold were from awards of restricted stock units that were part of Roberts’ compensation package this year, with a smaller portion from exercising options.
Along with the chief executive’s Class A holdings, he owns all of the company’s Class B shares (which are not publicly traded), which gives him about 33.3% of voting power.
Read more on deadline.com
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