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Warner Music Group (WMG) director granted 6,186 Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kurzman Cecelia reported acquisition or exercise transactions in this Form 4 filing.

Warner Music Group Corp. director Cecelia Kurzman reported receiving a grant of 6,186 shares of Class A common stock, recorded at a price of $0.00 per share, reflecting a stock award rather than an open‑market purchase.

Following this grant, her directly held Class A shares total 34,183. According to the footnote, this amount includes restricted shares and restricted stock units, as well as 140 shares earned in respect of dividends on restricted stock units granted on March 4, 2025.

Positive

  • None.

Negative

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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*
Kurzman Cecelia

(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 34,183(1) 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. 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 Cecelia Kurzman report at Warner Music Group (WMG)?

Cecelia Kurzman reported receiving a grant of 6,186 shares of Warner Music Group Class A common stock. The shares were awarded at a stated price of $0.00 per share, indicating a stock grant rather than a market purchase.

How many Warner Music Group (WMG) shares does Cecelia Kurzman now hold?

After the reported grant, Cecelia Kurzman directly holds 34,183 shares of Warner Music Group Class A common stock. This figure includes restricted shares, restricted stock units, and 140 shares earned from dividends on earlier restricted stock units.

Was Cecelia Kurzman’s Warner Music (WMG) share transaction a purchase or an award?

The transaction was an award, coded as a grant or other acquisition, not an open‑market purchase. She received 6,186 shares of Class A common stock at a recorded price of $0.00 per share under an equity compensation arrangement.

What does the footnote in Cecelia Kurzman’s Warner Music (WMG) Form 4 explain?

The footnote explains that her reported holdings include restricted shares and restricted stock units, plus 140 shares previously unreported that were earned as dividends on restricted stock units granted on March 4, 2025.

What type of security did Cecelia Kurzman acquire in this Warner Music (WMG) filing?

She acquired Class A common stock of Warner Music Group through a grant of 6,186 shares. These shares increased her total direct holdings to 34,183 shares, which include restricted shares and restricted stock units noted in the footnote.
Warner Music Group Corp.

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