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Major owner of Discovery Communications just disposed of 160,500 shares

John C Malone, a major owner of Discovery Communications and a director of the company, recently disposed of 160,500 shares of the company. The disposals took place at $28.04 per share, on November 02, 2015. Malone still owns 13,448,107 shares of the company. Malone operates out of Silver Spring, MD. Some additional info was provided as follows:

Pursuant to a plan entered into in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The price reported represents the...