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Selloffs

Wash Po. CEO Sells Off Stock

Donald Graham has exchanged tens of millions of dollars.

That thing about the captain going down with his ship apparently doesn’t apply at The Washington Post: Barron’s reports that Donald Graham, the chairman and CEO of Washington Post Co., “has sold tens of millions of dollars worth of stock in the past year through a series of trusts he oversees for his relatives.” In the past two weeks alone, he has sold over 40,000 shares for $14 million. Graham, however, sold off only about 1.4 percent of the company’s publicly traded class B shares and still owns 33.8 percent.

Read it at Barron’s

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