Warner Music Group (WMG) director acquires 35,810 Class A shares

Rhea-AI Filing Summary

Warner Music Group Corp. director reports open-market share purchase. A director of Warner Music Group Corp. acquired 35,810 shares of Class A common stock on 12/02/2025 at a weighted average price of $27.88 per share, with individual trade prices ranging from $27.76 to $27.91. Following this transaction, the reporting person beneficially owns 104,074 Class A shares held directly. This filing is an amendment that corrects the transaction code in Table I, changing it from a disposition code to a purchase code for the previously reported transaction.

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

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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^*

Blavatnik Valentin

(Last) (First) (Middle)

C/O WARNER MUSIC GROUP CORP.

1633 BROADWAY

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Warner Music Group Corp. [ WMG ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/04/2025

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

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

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
Class A Common Stock	12/02/2025		P		35,810	A	$27.88(1)	104,074	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 in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $27.76 to $27.91, inclusive. The reporting person undertakes to provide to Warner Music Group Corp. ("WMG"), any security holder of WMG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

Remarks:

This Form 4 Amendment corrects the transaction code in Box 4 of Table I, which was inadvertently reported as "D" on the Form 4 filed on December 4, 2025.

	/s/ Trent N. Tappe, as Attorney-in-Fact	12/05/2025
	** 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.
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FAQ

What insider transaction at Warner Music Group Corp. (WMG) is reported here?

A director of Warner Music Group Corp. reported acquiring 35,810 shares of Class A common stock in an open-market transaction on 12/02/2025.

What price did the Warner Music Group (WMG) director pay for the shares?

The director paid a weighted average price of $27.88 per share, with individual trades executed between $27.76 and $27.91 per share.

How many Warner Music Group (WMG) shares does the insider own after this transaction?

After the reported purchase, the director beneficially owns 104,074 shares of Warner Music Group Corp. Class A common stock held directly.

What does this Form 4/A amendment for Warner Music Group (WMG) correct?

The amendment corrects the transaction code in Box 4 of Table I, which was previously and inadvertently reported as a disposition code "D" and is now shown as a purchase code.

Were the Warner Music Group (WMG) shares bought in a single trade or multiple trades?

The filing states that the shares were acquired in multiple transactions at prices ranging from $27.76 to $27.91 per share.

What type of security did the Warner Music Group (WMG) director acquire?

The insider acquired Class A common stock of Warner Music Group Corp., reported in Table I as a non-derivative security.