Form 4 for WBD Warner Bros. Discovery
Accepted 2026-03-05 00:00:00 ET · period of report 2026-03-03 · accession 0001694392-26-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-05 | 2026-03-03 | WBD | Wiedenfels Gunnar | CFO | F - Tax | $28.20 | -29.4K | 1.31M | -2% | -$829.1K |
| DM | 2026-03-05 | 2026-03-03+ | WBD | Wiedenfels Gunnar | CFO | S - Sale+OE | $28.17 | -991.9K | 663.4K | -60% | -$27.95M |
| DM | 2026-03-05 | 2026-03-04 | WBD | Wiedenfels Gunnar | CFO | M - OptEx | $11.19 | +346.1K | 783.0K | +79% | +$3.87M |
| DM | 2026-03-05 | 2026-03-04 | WBD | Wiedenfels Gunnar | CFO | M - OptEx | $0.00 | -346.1K | 250.9K | -58% | $0 |
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 | Series A Common Stock | 2026-03-03 | F | D | 29,401 | $28.20 | 1,309,150 | D | — | — | |
| 2 | Common | Series A Common Stock | 2026-03-03 | S | D | 617,580 | $28.25 | 691,570 | D | — | — | (F1) The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.17 to $28.44 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. |
| 3 | Common | Series A Common Stock | 2026-03-04 | S | D | 91,418 | $28.05 | 691,570 | D | — | — | (F2) The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.19 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. |
| 4 | Common | Series A Common Stock | 2026-03-04 | M | A | 131,127 | $8.67 | 822,697 | D | — | — | |
| 5 | Common | Series A Common Stock | 2026-03-04 | S | D | 131,127 | $28.05 | 691,570 | D | — | — | (F2) The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.19 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. |
| 6 | Common | Series A Common Stock | 2026-03-04 | M | A | 123,588 | $11.02 | 815,158 | D | — | — | |
| 7 | Common | Series A Common Stock | 2026-03-04 | S | D | 123,588 | $28.05 | 691,570 | D | — | — | (F2) The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.19 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. |
| 8 | Common | Series A Common Stock | 2026-03-04 | S | D | 28,190 | $28.05 | 663,380 | D | — | — | (F2) The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.19 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. |
| 9 | Common | Series A Common Stock | 2026-03-04 | M | A | 91,418 | $15.02 | 782,988 | D | — | — | |
| 10 | Derivative | Employee Stock Option (right to acquire) | 2026-03-04 | M | D | 91,418 | $0.00 | 0 | D | $15.02 · 2024-03-01 to 2030-03-01 | 91,418 Series A Common Stock | (F3) This option vests in three installments (33%, 33%, 34%) beginning on March 1, 2024. |
| 11 | Derivative | Employee Stock Option (right to acquire) | 2026-03-04 | M | D | 131,127 | $0.00 | 135,102 | D | $8.67 · 2025-03-01 to 2031-03-01 | 131,127 Series A Common Stock | (F4) As initially granted, this option vests in three substantially equal annual installments beginning March 1, 2025. |
| 12 | Derivative | Employee Stock Option | 2026-03-04 | M | D | 123,588 | $0.00 | 250,924 | D | $11.02 · 2026-03-03 to 2032-03-03 | 123,588 Series A Common Stock | (F5) This option vests in three installments (33%, 33%, 34%) beginning on March 3, 2026. |