Warner Bros. Discovery officer sells 262K shares

Warner Bros. Discovery’s Chief People & Culture Officer reported a sizable open-market stock sale and now holds 539,374 shares directly.

Rhea-AI Filing Summary

Warner Bros. Discovery, Inc. (WBD) reported that Chief People & Culture Officer Amy Girdwood sold 262,285 shares of Series A Common Stock on September 9, 2026 in a sale described as an open-market or private transaction. The reported weighted-average sale price was $27.98 per share, with individual trades ranging from $27.92 to $28.06 per share.

Following this transaction, Girdwood directly held 539,374 shares of Series A Common Stock, and no Rule 10b5-1 trading plan is reported for this sale.

Insider Trade Summary

Net Seller: 262,285 shares

Net Sell 1 txn

Insider Girdwood Amy

Role Chief People & Culture Officer

Sold 262,285 shs ($7.34M)

Type	Security	Shares	Price	Value
Sale	Series A Common Stock F1	262,285	$27.98	$7.34M

Holdings After Transaction: Series A Common Stock — 539,374 shares (Direct)

Footnotes (1)

1. F1. The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.92 to $28.06 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.

Key Figures

Shares sold: 262,285 shares Weighted-average sale price: $27.98 per share Sale price range: $27.92–$28.06 per share +2 more

5 metrics

Shares sold 262,285 shares Series A Common Stock sold on September 9, 2026

Weighted-average sale price $27.98 per share Weighted-average price across multiple sale transactions

Sale price range $27.92–$28.06 per share Range of prices for the individual trades included in the sale

Shares held after transaction 539,374 shares Direct holdings of Amy Girdwood after the sale

Transactions reported 1 sale transaction Single non-derivative transaction in this Form 4

Key Terms

Series A Common Stock, weighted average price, open-market or private transaction

3 terms

Series A Common Stock financial

"262,285 shares of Series A Common Stock on September 9, 2026"

Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.

weighted average price financial

"The price reported represents the weighted average price of shares"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market or private transaction financial

"Sale in open market or private transaction"

FAQ

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

What insider transaction did WBD report for Amy Girdwood?

Amy Girdwood, Chief People & Culture Officer of Warner Bros. Discovery (WBD), reported selling 262,285 shares of Series A Common Stock on September 9, 2026 in a transaction described as an open-market or private sale.

At what price were the WBD shares sold in Amy Girdwood’s Form 4?

The filing reports a weighted-average sale price of $27.98 per share for Amy Girdwood’s 262,285 WBD shares, with individual sale prices ranging from $27.92 to $28.06 per share.

How many WBD shares does Amy Girdwood hold after this reported sale?

After the reported sale, Amy Girdwood directly holds 539,374 shares of Warner Bros. Discovery Series A Common Stock, according to the Form 4.

Was Amy Girdwood’s WBD stock sale under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this sale.

What type of security did Amy Girdwood sell in this WBD Form 4?

Amy Girdwood sold shares of Series A Common Stock of Warner Bros. Discovery, Inc., as disclosed in the Form 4.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/10/2026 - 04:58 PM EDT Accepted by SEC EDGAR 09/10/2026 - 04:58 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Girdwood Amy

(Last) (First) (Middle)

230 PARK AVENUE SOUTH

(Street)

NEW YORK NEW YORK 10003

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Warner Bros. Discovery, Inc. [ WBD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People & Culture Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Series A Common Stock	09/09/2026		S		262,285	D	$27.98(1)	539,374	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.92 to $28.06 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.

Remarks:

	Tara L. Smith, by power of attorney	09/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)