Form 4 for WMG Warner Music Group Corp.
Accepted 2023-12-07 00:00:00 ET · period of report 2023-12-05 · accession 0001209191-23-057720 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-12-07 | 2023-12-05 | WMG | Lousada Max | CEO, Recorded Music | S - Sale | $33.36 | -869.0K | 1.88M | -32% | -$28.99M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-12-05 | S | D | 869,008 | $33.36 | 1,883,578 | D | — | — | (F2) Includes 1,738,018 vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan. These Deferred Equity Units will be settled for shares of the Issuer's Class A Common Stock on a one-for-one basis by no later than December 31, 2025. Upon such settlement, the corresponding Deferred Equity Units will be cancelled. (F1) Includes restricted stock units. |