Director Ynon Kreiz (WMG) trust receives 6,186-share stock award at Warner Music
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Warner Music Group Corp. director Ynon Kreiz reported an indirect equity award. A trust associated with him, identified as the Ynon Kreiz Secondary SP Trust, acquired 6,186 shares of Class A Common Stock as a grant or award at a stated price of $0 per share.
After this award, the trust’s indirect holdings totaled 36,827 Class A shares, including restricted shares and restricted stock units. A footnote explains this total also includes 140 shares earned as dividends on restricted stock units that were originally granted on March 4, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kreiz Ynon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,186 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 36,827 shares (Indirect, By Ynon Kreiz Secondary SP Trust)
Footnotes (1)
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FAQ
What insider transaction did Warner Music Group (WMG) report for Ynon Kreiz?
Warner Music Group reported that a trust associated with director Ynon Kreiz received a grant of 6,186 shares of Class A Common Stock. The award was recorded at a price of $0 per share, reflecting a stock-based compensation grant rather than an open-market purchase.
Was the Warner Music Group (WMG) insider award to the Kreiz trust a market purchase?
No, the transaction was recorded as a grant or award acquisition of 6,186 Class A shares at $0 per share. This indicates stock-based compensation to the trust associated with director Ynon Kreiz, rather than an open-market buy or sell transaction by the insider.
How is Ynon Kreiz’s ownership in Warner Music Group (WMG) classified in this filing?
The ownership of these 36,827 Class A shares is reported as indirect, held "By Ynon Kreiz Secondary SP Trust." The filing notes that this total includes restricted shares and restricted stock units, plus 140 shares earned from dividends on earlier RSU awards.
What does the footnote about dividends on RSUs mean in the WMG Form 4?
The footnote explains that the reported holdings include 140 shares earned from dividends on restricted stock units granted on March 4, 2025. These dividend-equivalent shares increased the total number of Warner Music Group Class A shares indirectly held by the Kreiz-related trust.