Warner Bros. Discovery, Inc.

WBD

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001318285-26-000009
Filing date: Mar 5, 2026
Earliest execution date: Mar 3, 2026
Reporting Owners: Zaslav David (CEO)

Summary

Type

Sell

Net shares

-4,004,149

% of shares

-35.74%

Amount (USD)

$113,157,250

Insider confidence score

15.0 out of 100

Negative

  • Large discretionary sell (≥1% of shares)
  • Massive sell amount ($10M+)

Stock transactions

Transaction 1

Security

Series A Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-4,004,149.0

Price per Share

$28.26

Amount (USD)

$113,157,250.74

Acquired/Disposed

Disposed

Shares Owned Before

11,204,776.0

Shares Owned After

7,200,627.0

Filing's footnotes

1. The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.42 to $28.20 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

2. Represents WBD Series A common stock.

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.