Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock

The sale represents a small portion of Roberts' holdings and coincides with Comcast's plans to spin off its cable network portfolio into a new publicly traded entity.

• Brian Roberts sold 469,515 Class A shares, valued at $20.4 million, as part of a year-end planning transaction.
• The shares sold were restricted stock units and options acquired through his 2024 compensation package.
• Roberts retains significant control of Comcast, owning all Class B shares, which give him 33.3% of the company's voting power.
• Comcast recently announced plans to spin off its cable network portfolio, creating a new company referred to as 'SpinCo,' expected to launch in late 2025.
• SpinCo will include networks like MSNBC, CNBC, and USA Network, but will not involve key assets like Peacock or NBC Studios, and Roberts will not serve on its board.

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