Every Form 4 that Warner Bros. Discovery (WBD) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow WBD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WBD filings page.
Warner Bros. Discovery, Inc. (WBD) director Kenneth W. Lowe reported selling 200,000 shares of Series A Common Stock on September 3, 2026, in open-market or private transactions at a weighted average price between $28.30 and $28.45 per share. After these sales, he directly holds 790,108 shares and has an additional 793 shares held indirectly by a family trust, for which he is trustee and in which he and family members are beneficiaries; he disclaims beneficial ownership of those trust-held shares except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is reported.
Warner Bros. Discovery, Inc. (WBD) officer Jean-Briac Perrette, President & CEO, Global Streaming, reported an open-market sale of 126,707 shares of Series A Common Stock on 2026-08-27 at a weighted average price of $28.96 per share, with individual trade prices ranging from $28.95 to $28.98. Following this transaction, Perrette directly holds 1,047,016 shares of Warner Bros. Discovery Series A Common Stock.
Warner Bros. Discovery, Inc. (symbol: WBD) is the issuer of record for a Form 4 filing submitted to the SEC.
Warner Bros. Discovery, Inc. Chief Executive Officer & President David Zaslav reported exercising stock options and selling common shares. He exercised 873,266 Employee Stock Options at an exercise price of $10.16 per share into Series A common stock and sold 968,172 Series A shares on August 13–14, 2026 at weighted average prices around $28 per share. The filing states these sales were made pursuant to a Rule 10b5-1 trading arrangement entered into on March 12, 2026. The exercised options were part of a 20,898,776-option grant dated June 12, 2025 under Mr. Zaslav's employment agreement, vesting in five equal annual installments beginning June 12, 2026, with performance-based stock price hurdles for 60% of the options already satisfied.
Warner Bros. Discovery, Inc. director Fazal F Merchant reported a sale of 71,539 shares of Series A Common Stock on 2026-08-13 at a price of $27.75 per share in an open market or private transaction. Following this sale, the director directly holds 33,067 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. director Richard W. Fisher reported selling 20,000 shares of Series A Common Stock on 2026-08-12 in an open-market or private transaction. The sale was executed at a weighted average price between $27.46 and $27.47 per share, and Fisher now holds 59,546 shares directly. The transaction was not designated as made pursuant to a Rule 10b5-1 trading plan.
Warner Bros. Discovery, Inc. Chief Executive Officer and President David Zaslav reported a late filing for the sale of 153 shares of Series A Common Stock on August 22, 2024, held indirectly through his spouse. The shares were sold at a weighted average price between $7.55 and $7.61 per share. Following this and other reported positions, he reports 6,902,840 shares of Series A Common Stock held directly.
Warner Bros. Discovery, Inc. officer Gerhard Zeiler (President, International) reported a series of option exercises and same‑day sales of Series A Common Stock on August 10, 2026. He exercised employee stock options covering 491,038 shares at strike prices of $15.02, $8.67, and $11.02 per share, and sold a total of 591,038 shares at weighted average prices around $27 per share in multiple transactions. Following one option exercise series, 188,193 options remained outstanding. Footnotes state that reported sale prices are weighted averages over narrow intraday price ranges.
Warner Bros. Discovery, Inc. director Kenneth W. Lowe reported a sale of 120,000 shares of Series A Common Stock on 2026-08-11 at $26.97 per share. Following this sale, he holds 990,108 shares directly and 793 shares indirectly through a family trust, for which he disclaims beneficial ownership beyond his pecuniary interest.
Di Piazza Samuel A Jr. reported disposition transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Samuel A. Di Piazza Jr. reported an intra-plan transfer involving 82,415 shares of Series A Common Stock on 2026-08-11. According to a plan-related disclosure, funds were moved from the company stock fund to another investment option within the Warner Bros. Discovery, Inc. Non-Employee Directors Deferral Plan, described as a discretionary transaction exempt under Rule 16b-3(f). Following this transaction, Di Piazza held 130,661 shares directly, and a separate indirect holding of 3,443 shares is reported as owned by his spouse.
Warner Bros. Discovery, Inc. Chief Executive Officer David Zaslav exercised employee stock options for 2,089,876 shares of Series A common stock at $10.16 per share and, on the same date, sold 2,184,782 shares at a weighted average price of $27.22 per share under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, he holds 6,902,840 shares directly and 153 shares indirectly through his spouse, and retains 18,808,900 employee stock options at a $10.16 exercise price expiring on June 12, 2032.
Noto Anthony reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Anthony Noto received a grant of 1,079 shares of Series A Common Stock. The shares were issued at a stated price of $0.00 per share as compensation, since he elected to take his quarterly director cash retainer in stock. After this award, he directly holds 53,444 shares.
Warner Bros. Discovery, Inc. Chief Executive Officer David Zaslav reported a Form 4 showing a tax-related share disposition. On June 12, 2026, 202,881 shares of Series A Common Stock were used as a tax-withholding disposition at $26.98 per share, leaving 6,997,746 shares held directly. An additional 153 shares are reported as indirectly owned through his spouse.
LEVIN JOSEPH reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Joseph Levin received an equity grant of 9,067 shares of Series A Common Stock on June 9, 2026. The shares were awarded at a stated price of $0.00 per share, indicating a compensation-related grant rather than a market purchase. Following this award, Levin directly owns 43,604 shares of Series A Common Stock.
YANG GEOFFREY Y reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Geoffrey Y. Yang reported a new share grant and an ownership reclassification. He received an award of 9,067 shares of Series A Common Stock at no cost, bringing his directly held shares to 127,119. The filing also shows 98,285 shares held indirectly through limited partnerships, after correcting 39,819 shares that were previously reported as directly owned. Yang disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.
Sanchez Daniel E. reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Daniel E. Sanchez received a grant of 9,067 shares of Series A Common Stock, recorded at a price of $0.00 per share. Following this award, he directly holds 53,121 shares. This is a compensation-related share award rather than an open-market purchase.
Price Paula A reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Paula A. Price received a stock grant of 9,067 shares of Series A Common Stock. The award was recorded at a price of $0.00 per share, indicating it was a compensation-related grant rather than an open-market purchase. Following this grant, she directly holds 92,218 shares.
Warner Bros. Discovery director Anthony Noto received a grant of 9,067 shares of Series A Common Stock as a stock award. The shares were acquired at no cash cost to him, increasing his direct holdings to 52,365 shares after the transaction.
Merchant Fazal F reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Fazal F. Merchant received a grant of 9,067 shares of Series A Common Stock on June 9, 2026 at no cost. Following this award, his direct holdings increased to 104,606 shares, reflecting routine equity-based compensation rather than an open-market purchase.
LOWE KENNETH W reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Kenneth W. Lowe reported a compensation-related grant of 9,067 shares of Series A Common Stock at $0.00 per share. After this award, he directly holds 1,110,108 shares of Series A Common Stock.
The filing also lists 793 shares of Series A Common Stock held indirectly through The Lowe Family Trust. Lowe is trustee and a beneficiary, but he disclaims beneficial ownership of those trust-held shares except for his pecuniary interest.
LEVY ANTON J reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Anton J. Levy reported an equity award of 9,067 shares of Series A Common Stock. The shares were granted at a price of $0.00 per share as a compensation-related award rather than a market purchase. Following this grant, he directly holds 958,067 shares.
LEE DEBRA L reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. reported that director Debra L. Lee received an equity grant of 9,067 shares of Series A Common Stock on June 9, 2026. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. Following this grant, Lee directly holds 75,873 shares of Warner Bros. Discovery common stock.
GOULD PAUL A reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Paul A. Gould received a grant of 9,067 shares of Series A Common Stock as equity compensation. The shares were awarded at no cash cost per share and increased his directly owned position to 253,424 shares. This filing reflects a routine stock award rather than an open-market purchase or sale.
FISHER RICHARD W reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Richard W. Fisher received an equity grant of 9,067 shares of Series A Common Stock. The shares were awarded at no purchase price as part of compensation. Following this grant, Fisher directly holds a total of 79,546 shares of Warner Bros. Discovery Series A Common Stock.
Di Piazza Samuel A Jr. reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Samuel A. Di Piazza Jr. reported a stock award of 9,067 shares of Series A Common Stock at $0.00 per share, reflecting a compensation-related grant rather than an open-market purchase. Following this award, his direct holdings total 213,076 shares of Series A Common Stock. The filing also shows an additional 3,443 shares held indirectly through his spouse.
Warner Bros. Discovery, Inc. director Paula A. Price reported an intra-plan transfer involving 11,046 shares of Series A Common Stock valued at $27.00 per share. The move shifted value from the company stock fund to another investment option within the Warner Bros. Discovery, Inc. Non-Employee Directors Deferral Plan.
The filing describes this as a discretionary transaction exempt under Rule 16b-3(f), meaning it is a plan-level reallocation rather than an open-market trade. After this transaction, Price’s directly held Series A Common Stock position reported in the plan totaled 83,151 shares.
Warner Bros. Discovery, Inc. Chief People & Culture Officer Amy Girdwood reported a tax-withholding share disposition related to equity compensation. She delivered 225,624 shares of Series A Common Stock at $27.20 per share to cover tax obligations. Following this non-market transaction, she directly holds 801,659 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. director Paula A. Price acquired additional equity in the company through a compensation-related share grant. On March 27, 2026, she received 1,340 shares of Series A Common Stock at no cash cost, electing stock instead of her quarterly cash retainer for board service. Following this grant, she directly holds 94,197 shares of Warner Bros. Discovery common stock.
Noto Anthony reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Anthony Noto received 1,063 shares of Series A Common Stock as compensation. The shares were granted at a reported price of $0.00 per share, reflecting a stock award rather than a market purchase.
According to the footnote, Mr. Noto elected to take common stock instead of his quarterly cash retainer for board service. After this award, he directly holds 43,298 shares of Warner Bros. Discovery common stock.
Warner Bros. Discovery Pres.&CEO, Global Streaming Jean-Briac Perrette sold 659,120 shares of Series A common stock in an open-market transaction at a weighted average price of $27.42 per share.
After this sale, he directly holds 1,173,723 shares. The reported price reflects multiple trades executed between $27.40 and $27.46 per share.
Warner Bros. Discovery director Paul A. Gould sold 600,000 shares of Series A Common Stock in an open‑market transaction. The weighted average sale price was $27.35 per share, with individual trades ranging from $27.26 to $27.41. After these sales, he directly holds 244,357 shares.
Warner Bros. Discovery, Inc. director Fazal F Merchant reported an open-market sale of 35,000 shares of Series A common stock. The shares were sold at a weighted average price of about $27.48 per share, in multiple trades priced between $27.48 and $27.49. After these transactions, Merchant directly holds 95,539 shares of Warner Bros. Discovery common stock.
Warner Bros. Discovery, Inc. director Debra L. Lee reported a charitable gift of 16,345 shares of Series A Common Stock. The shares were donated to a charitable donor-advised fund and carried no sale price. After this gift, she directly holds 66,806 shares of the stock.
Warner Bros. Discovery, Inc. Chief Revenue & Strategy Officer Bruce Campbell reported two recent transactions in Series A common stock. On March 9, he completed an open-market sale of 41,784 shares at a weighted average price of $27.82 per share, leaving him with 604,666 shares directly owned.
On March 6, a separate transaction labeled as tax-withholding disposition covered 43,578 shares at $27.95 per share, reflecting shares delivered to satisfy tax obligations rather than an open-market sale.
Warner Bros. Discovery, Inc. executive Jean-Briac Perrette, President & CEO, Global Streaming, reported a tax-withholding share disposition. On March 6, 2026, 43,433 shares of Series A Common Stock were delivered at $27.95 per share to satisfy tax or exercise obligations, a non-market transaction. After this event, Perrette directly held 1,832,843 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. Chief Financial Officer Gunnar Wiedenfels reported a tax-related share disposition. On March 6, 2026, 43,578 shares of Series A Common Stock were withheld at $27.95 per share to satisfy tax obligations by delivering securities. After this transaction, he directly holds 619,802 shares. This Form 4 reflects a tax-withholding disposition rather than an open-market sale.
Warner Bros. Discovery, Inc. executive Gerhard Zeiler, President, International, reported a tax-related share disposition involving company stock. On March 6, 2026, 35,213 shares of Series A Common Stock were withheld at a price of $27.95 per share to satisfy tax obligations. After this non-market transaction, Zeiler directly holds 637,436 shares of Warner Bros. Discovery common stock, indicating this was a routine tax-withholding event rather than an open-market sale.
Warner Bros. Discovery Chief Legal Officer Priya Aiyar reported an option exercise and share sales. She exercised employee stock options covering 77,243 shares of Series A Common Stock at $11.02 per share, then sold a total of 98,651 shares in open-market transactions at $27.85 per share. After these trades, she directly owns 897,844 shares of Series A Common Stock. The exercised option was part of a grant that vests in three installments beginning on March 3, 2026.
Warner Bros. Discovery, Inc. director Richard W. Fisher reported an open-market sale of 16,345 shares of Series A Common Stock on March 3, 2026.
The shares were sold at a weighted average price of $28.31 per share, in multiple trades ranging from $28.31 to $28.32. Following this transaction, Fisher directly owned 70,479 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. Chief People & Culture Officer Amy Girdwood reported two transactions in Series A Common Stock. On March 3, 2026, she disposed of 6,971 shares in a tax-withholding transaction at $28.20 per share to cover tax obligations. The same day, she executed an open-market sale of 75,030 shares at a weighted average price of $28.25 per share, with individual sale prices ranging from $28.17 to $28.33. After these transactions, she directly held 1,027,283 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. Chief Accounting Officer Lori C. Locke reported a Form 4 transaction involving a tax-related share disposition. On March 3, 2026, she disposed of 6,379 shares of Series A Common Stock at $28.20 per share to satisfy tax obligations by delivering securities. After this transaction, she directly owned 116,021 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. Chief Revenue & Strategy Officer Bruce Campbell reported a combination of option exercises and share sales. On March 4, 2026, he exercised multiple employee stock options, converting them into Series A common stock at exercise prices ranging from $8.67 to $25.70 per share.
He and related entities then sold a total of 1,635,449 shares of Series A common stock in open-market transactions, largely at or around $28.00 per share, with weighted average prices detailed in footnotes. These include 53,795 shares sold by a spouse as trustee for children and 1,323 shares sold by an LLC through a grantor retained annuity trust.
On March 3, 2026, 31,765 shares were also disposed of at $28.20 per share to cover tax obligations related to equity compensation. After these transactions, Campbell’s directly held Series A common stock stands at 690,028 shares, while the noted indirect holdings are reported as reduced to zero.
Warner Bros. Discovery executive Jean-Briac Perrette disposed of 34,797 shares of Series A Common Stock on March 3, 2026 at $28.20 per share in a tax-withholding transaction to cover obligations.
After this disposition, he directly holds 1,876,276 shares.
Warner Bros. Discovery, Inc. Chief Legal Officer Priya Aiyar reported two transactions in Series A Common Stock. On March 3, 2026, 14,587 shares were disposed of at $28.20 per share to satisfy tax-withholding obligations, which is not an open-market sale.
On the same date, Aiyar also completed an open-market sale of 223,512 shares at a weighted average price of $28.24 per share, with individual trade prices ranging from $28.17 to $28.36. Following these transactions, Aiyar directly held 919,252 shares of Series A Common Stock.
Warner Bros. Discovery, Inc. Chief Executive Officer and President David Zaslav reported an open-market sale of 4,004,149 shares of Series A common stock. The weighted average sale price was $28.26 per share, with individual trades executed between $28.42 and $28.20 per share.
After these transactions, Zaslav directly holds 7,200,627 shares of Series A common stock. In addition, 153 shares are held indirectly and are reported as owned by his spouse.
Warner Bros. Discovery, Inc. Chief Financial Officer Gunnar Wiedenfels reported significant insider trading activity in Series A common stock. On March 3–4, 2026, he sold a total of 991,903 shares in open‑market transactions at prices around $28 per share, including weighted‑average ranges between $27.93 and $28.44.
These sales were paired with the exercise of employee stock options that delivered common shares at exercise prices of $8.67, $11.02, and $15.02 per share. After these transactions, he directly owned 691,570 shares of Series A common stock, with an additional 14,140 shares held indirectly as custodian as of early March 2026.
Warner Bros. Discovery, Inc. executive Gerhard Zeiler, President, International, reported selling 600,000 shares of Series A common stock in an open-market transaction at a weighted average price of $28.02 per share on March 4, 2026, leaving 672,649 shares held directly.
On March 3, 2026, he also reported a tax-withholding disposition of 23,757 shares at $28.20 per share related to payment of tax liabilities, after which his direct holdings were 1,272,649 shares before the subsequent sale.
Warner Bros. Discovery, Inc. reported insider equity activity by Chief People & Culture Officer Amy Girdwood. On March 2, 2026, she acquired 93,717 shares of Series A Common Stock as a grant or award at a stated price of $0.0000 per share, increasing her direct holdings to 1,109,284 shares.
On February 27, 2026, she disposed of 12,032 shares of Series A Common Stock at $28.17 per share in a tax-withholding disposition related to payment of an exercise price or tax liability, leaving a direct balance of 1,015,567 shares after that transaction.
Warner Bros. Discovery, Inc. executive Bruce Campbell reported compensatory and tax-related share movements in Series A Common Stock. On March 2, 2026, he acquired 165,957 shares through a grant or award at $0.00 per share, bringing his direct holdings to 1,247,015 shares.
On February 27, 2026, 465,146 shares were disposed of at $28.17 per share to cover an exercise price or tax liability, with direct ownership then reported at 1,081,058 shares. Indirect holdings were also reported as 209,700 shares held by a spouse as trustee for children and 145,418 shares held by an LLC through a grantor retained annuity trust.
Warner Bros. Discovery Chief Accounting Officer Lori C. Locke reported two share transactions in Series A Common Stock. She received a grant of 29,287 shares on March 2, 2026 at $0.00 per share, increasing her direct holdings. On February 27, 2026, 7,849 shares at $28.17 per share were disposed of to cover tax obligations, a withholding transaction rather than an open-market sale. After these transactions, she directly owned 122,400 shares.