Zaslav Unloads Another $59 Million in WBD Stock as Acquisition Deal Faces Legal Hurdles

Warner Bros. Discovery CEO David Zaslav has sold roughly $59.5 million worth of company stock, according to a new SEC filing. The transaction involved approximately 2.18 million shares at $27.09 each, triggered by the stock's rise to that price, as Variety reported.

VarietyWarner Bros. Discovery CEO David Zaslav Sells $59 Million in Stock Ahead of Departure

"The sale comes as Paramount Skydance's deal to acquire Warner Bros. Discovery is still pending, and Zaslav is expected to depart the company in the coming months."

This latest sale follows a much larger one: Zaslav unloaded $114 million in WBD shares back in March, according to the same filing. The stock has more than doubled since acquisition interest emerged last fall, though it has dipped 6% in 2026, Deadline noted.

DeadlineWBD CEO David Zaslav sells $59.5 million in company stock amid antitrust lawsuit

"WBD shares have more than doubled since acquisition interest emerged last fall, though shares have dipped 6% in 2026."

The stock sale comes as the proposed $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance faces a new obstacle. Twelve states have filed an antitrust lawsuit to block the deal, Whatfinger reported, a move that Deadline also confirmed, noting the suit was filed just ahead of Zaslav's stock sale.

WhatfingerDavid Zaslav Sells $59 Million in Warner Bros. Discovery Stock