Warner Bros. Discovery director plans $188K sale

Director Richard W. Fisher has filed a Rule 144 notice to sell 6,700 WBD Series A shares, in addition to earlier sales reported over the prior three months.

Available on EDGAR 09/11/2026 - 02:02 PM EDT Accepted by SEC EDGAR 09/11/2026 - 02:02 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Warner Bros. Discovery, Inc. (WBD) is named as the issuer in a notice that director Richard W. Fisher intends to sell shares of its Series A common stock under Rule 144. The planned sale covers 6,700 Series A shares through Fidelity Brokerage Services LLC, and follows prior sales disclosed for the past three months.

Key Figures

Planned shares to be sold: 6,700 shares Approximate value of planned sale: $188,002.00 Shares sold in prior 3 months: 20,000 shares +2 more

5 metrics

Planned shares to be sold 6,700 shares Series A stock covered by the current Rule 144 notice

Approximate value of planned sale $188,002.00 Amount listed for the 6,700 Series A shares to be sold

Shares sold in prior 3 months 20,000 shares Series A shares sold on August 12, 2026

Proceeds from prior sale $549,216.52 Total proceeds from 20,000 Series A shares sold on August 12, 2026

Issuer phone number 212-548-5555 Contact number for Warner Bros. Discovery, Inc.

Key Terms

Rule 144, Restricted Stock Vesting, compensation

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Series A | 06/02/2025 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

compensation financial

"Series A | 06/02/2025 | Restricted Stock Vesting | Issuer | | | 6700 | 06/02/2025 | Compensation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Warner Bros. Discovery, Inc. (WBD)?

The filing discloses that director Richard W. Fisher intends to sell 6,700 shares of Warner Bros. Discovery, Inc. Series A stock under Rule 144, with the transaction to be carried out through Fidelity Brokerage Services LLC.

How many WBD shares does Richard W. Fisher currently plan to sell under this Form 144?

Richard W. Fisher currently plans to sell 6,700 Series A shares of Warner Bros. Discovery, Inc. stock, as listed in the securities information and securities-to-be-sold sections of the Form 144 notice.

What is the approximate dollar amount associated with the planned WBD share sale?

The Form 144 lists an amount of $188,002.00 associated with the 6,700 Series A shares of Warner Bros. Discovery, Inc. to be sold, providing an indication of the value covered by this planned Rule 144 transaction.

What prior WBD stock sales by Richard W. Fisher are reported in the past three months?

The filing reports that on August 12, 2026, Richard W. Fisher sold 20,000 Series A shares of Warner Bros. Discovery, Inc. for total proceeds of $549,216.52 during the past three months.

What is the origin of the WBD shares that Richard W. Fisher plans to sell?

The Form 144 states that the 6,700 Series A shares to be sold on June 2, 2025 arose from Restricted Stock Vesting and identifies the issuer as the party from whom these securities were acquired as compensation.

Which broker is handling Richard W. Fisher’s planned sale of WBD shares?

The intended sale of 6,700 Series A shares of Warner Bros. Discovery, Inc. for Richard W. Fisher is listed as being handled by Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001287510
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Warner Bros. Discovery, Inc.
SEC File Number	001-34177
Address of Issuer	230 PARK AVENUE SOUTH NEW YORK NEW YORK 10003
Phone	212-548-5555
Name of Person for Whose Account the Securities are To Be Sold	FISHER RICHARD W
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Series A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	6700	188002.00	2510703314	09/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Series A	06/02/2025	Restricted Stock Vesting	Issuer			6700	06/02/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Richard W. Fisher 230 Park Avenue South New York NY 10003	Series A	08/12/2026	20000	549216.52

144: Remarks and Signature

Remarks
Date of Notice	09/11/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Richard W. Fisher
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)