# Zaslav Cashes Out $600M in WBD Shares

> Warner Bros. Discovery CEO David Zaslav cashed out over $600 million in company stock as Paramount completes its $111 billion takeover.
- Title: Zaslav Cashes Out $600M in WBD Shares · The Hollywood Reporter
- Summary: Warner Bros. Discovery CEO David Zaslav cashed out over $600 million in company stock as Paramount completes its $111 billion takeover.
- Keywords: david zaslav, warner bros discovery, paramount, skydance, securities and exchange commission, form 4, Zaslav, Cashes, 600M, WBD, Shares, The Hollywood Reporter
- Source: The Hollywood Reporter — https://hollywoodreporter.com/business/business-news/david-zaslav-skydance-sale-wbd-payout-1236725569
- Author: Alex Weprin
- Published: 2026-10-08T21:19:24+00:00
- Read time: 1 min
- Topics: david zaslav, warner bros discovery, paramount, skydance, securities and exchange commission, form 4
## Zaslav Files Form 4
Warner Bros. Discovery CEO David Zaslav filed his Form 4 with the Securities and Exchange Commission to disclose shares and options sold during Paramount's $111 billion takeover.
## Zaslav Cashes Out $600M
Zaslav sold shares worth more than $224 million in Warner Bros. Discovery and options netting an additional $381 million through the Paramount acquisition.
## Other Executives Also Payout
Other top executives received payouts topping nine figures, while Zaslav increased employee equity holdings, doubling the number of staff with company shares.
## Key takeaway

Warner Bros. Discovery CEO David Zaslav received $600 million in cash from selling Warner Bros. Discovery shares during Paramount's acquisition.