Bob Iger Sells Off Half His Disney Stock Holdings

Bob Iger, executive chairman of the Walt Disney Co., sold about $100 million worth of the company’s stock on June 1. The sale represented about half of Iger’s holdings in the company he headed as CEO until last year. According to documents filed with the Securities and Exchange Commission, Iger sold 550,570 shares at prices averaging just over $179 a share. The shares were sold in 173 separate transactions resulting from two sell orders.