Warner Bros. Discovery (NASDAQ: WBD) exec preps potential $16M share sale
Rhea-AI Filing Summary
Warner Bros. Discovery, Inc. (WBD) received a Form 144 notice that officer Jean-Briac Perrette, through J.P. Morgan Securities LLC as agent, may sell 559,184 shares of Series A Common Stock on or after 08/27/2026 on NASDAQ. The shares have an aggregate market value of $16,076,540 and are listed against 2,510,703,314 shares outstanding. The shares were acquired as compensation stock awards from 02/23/2021 through 03/06/2026.
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Key Figures
Number of shares to be sold: 559,184 shares
Aggregate market value of shares to be sold: $16,076,540
Shares outstanding: 2,510,703,314 shares
+2 more
5 metrics
Number of shares to be sold
559,184 shares
Series A Common Stock covered by the Form 144 notice
Aggregate market value of shares to be sold
$16,076,540
Value of 559,184 shares of Series A Common Stock
Shares outstanding
2,510,703,314 shares
Series A Common Stock outstanding referenced in the notice
Intended sale date
08/27/2026
Approximate date of sale for the shares covered by the notice
Shares acquisition period
02/23/2021–03/06/2026
Period over which the compensation stock awards were acquired
Key Terms
Form 144, Rule 144, aggregate market value, Compensation Stock Award
4 terms
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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.
aggregate market value financial
"Series A Common Stock | J.P. Morgan Securities LLC ... 16076540 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Compensation Stock Award financial
"Series A Common Stock | 03/06/2026 | Compensation Stock Award |"
FAQ
What does the Form 144 filing disclose for WBD?
The filing discloses that officer Jean-Briac Perrette, via J.P. Morgan Securities LLC, may sell 559,184 shares of Warner Bros. Discovery Series A Common Stock on or after 08/27/2026 under Rule 144 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.