Comcast chairman and CEO Brian Roberts sold $20.41 million worth of his stock in the company on Tuesday, a new SEC filing has revealed.
The 469,515 Class A shares, which represent a small portion of Roberts’ Comcast ownership, were awards of restricted stock units and options that were acquired as part of his compensation in January and March of this year.
In addition to his Class A holdings, Roberts owns all outstanding Class B shares, giving him 33.3% of voting power. According to the filing, Comcast has approximately 3.82 billion shares outstanding total.
The transaction, which is for planning purposes, came after Comcast recently announced it would spin