Zaslav Liquidates $114 Million WBD Stake Ahead of Paramount Skydance Deal

David Zaslav, CEO of Warner Bros. Discovery, filed to sell 4,004,149 WBD shares—worth about $114.1 million—on March 3, 2026, as WBD moves toward a Paramount Skydance acquisition at $31 per share. The sale comes shortly after the deal was clinched, Netflix had walked away from a prior agreement, and Zaslav still holds additional stock and options. The executive pay package has been under reevaluation, with compensation changes announced in 2025, and his net worth is estimated above $1 billion.