Director Ynon Kreiz (WMG) trust receives 6,186-share stock award at Warner Music

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.

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^*

Kreiz Ynon

(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)
03/04/2026

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

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	03/04/2026		A		6,186	A	$0	36,827(1)	I	By Ynon Kreiz Secondary SP Trust

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. Includes restricted shares and restricted stock units. Includes 140 previously unreported shares earned in respect of dividends on restricted stock units granted March 4, 2025.

	/s/ Trent N. Tappe, as Attorney-In-Fact	03/06/2026
	** 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.

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.

How many Warner Music Group (WMG) shares does the Kreiz trust hold after this Form 4?

Following the reported award, the Ynon Kreiz Secondary SP Trust held 36,827 shares of Warner Music Group Class A Common Stock indirectly. This figure includes restricted shares and restricted stock units, as well as 140 additional shares earned from dividends on earlier restricted stock unit grants.

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.