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Article Summary
- Disney CEO Bob Iger sells $149.6 million in stock
- Iger's stock sale comes as Disney's stock price has been steadily rising
- Iger still holds a significant amount of Disney stock
- Analysts speculate on reasons behind Iger's stock sale
- Disney continues to face challenges amid the COVID-19 pandemic Tone: Neutral
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Disney CEO Bob Iger Sells $42.7 Million Worth Of Company Stock
Bob Iger, chief executive of Disney, cashed out a chunk of his stock options worth $42.7 million, according to a regulatory filing. Iger sold 372,412 shares of Disney on Nov. 22, with an aggregate market value of $42,667,125.16, according to an SEC filing. Those shares were vested stock options Iger was granted in 2014 that […]
https://variety.com/2024/biz/news/disney-ceo-bob-i...
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