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Disney's Bob Iger and Jay Rasulo net big gains on stock sales

June 07, 2013
  • The Walt Disney Studios in Burbank.
The Walt Disney Studios in Burbank. (Raul Roa/Staff…)

Walt Disney Co. Chairman and Chief Executive Robert Iger and Chief Financial Officer James Rasulo sold large quantities of company stock in mid-May, when shares of the Burbank entertainment giant were near an all-time high.

Iger sold 1 million shares of stock on May 14, according to a Securities and Exchange Commission filing. The sale netted Iger $37.7 million before taxes. 

Rasulo, also a senior executive vice president at Disney, sold 217,264 shares on May 15, netting him $9.2 million before taxes.

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