Dolan Sells Cablevision Stock

Publish date:

Cablevision Systems Corp. chairman Chuck Dolan sold 1.75 million shares of
stock through a personal trust.

According to a Securities and Exchange Commission Form 144 filing, the Charles F. Dolan 1994 Charitable Remainder Trust has registered to sell 1.75 million shares of Cablevision class-A common stock.

Although a Form 144 only indicates an intention to sell, and not an actual sale, the filing listed Nov. 19 as the approximate selling date.

The shares were valued at $27.7 million, or about $15.83