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Comcast’s Top Lobbyist Grabs $1.6 Million in Stock Sale; Still Has Shares Worth $7.7 Million

Phillip Dampier May 5, 2014 Comcast/Xfinity, Consumer News No Comments
Cohen

Cohen

Comcast’s top lobbyist and executive vice president is more than one million dollars richer after unloading 31,011 shares of Comcast stock.

David Cohen, a familiar face to those following Congressional hearings on the Comcast-Time Warner Cable merger, sold some of his shares last Thursday for an average price of $51.81 each, bringing him $1,606,679.91 in proceeds. Despite the sale, Cohen still owns 148,765 shares of Comcast worth $7.7 million.

Comcast opened this week at 52.03 on Monday. The stock had a 52-week low of $38.75 and a 52-week high of $55.28.

Cohen’s pay package for 2013:

  • Salary: $1,365,140
  • Restricted stock awards: $3,481,575
  • All other compensation: $1,264,243
  • Stock Option awards: $2,763,200
  • Non-equity incentive plan compensation: $3,003,308
  • Change in pension value and nonqualified deferred compensation earnings: $2,079,985
  • Total Compensation: $13,957,451

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Stop the Cap!