WBD Warner Bros. Discovery, Inc.
$28.04
Warner Bros. Discovery, Inc. (WBD) Insider Activity
What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.
Insider signal
In line
Selling ran in line with WBD's own trailing one-year pace, with 26% of sale value under a prearranged plan.
Cluster activity
0 buyers in the last 30 days
0 buyers in the last 90 days
8 sellers in the last 90 days
Insiders buying
0
0 transactions
Insiders selling
13
57 transactions
Purchases
$0
0 shares
Sales
$416.0M
15,110,585 shares
Net activity
-$416.0M
purchases less sales
How much of that selling was preplanned? 26% planned / 74% discretionary
10b5-1 plan sales
$109.3M
13 transactions · 4,158,951 shares
Discretionary sales
$306.7M
44 transactions · 10,951,634 shares
Largest single sale: $113.2M.
Where they traded
Buy
Sell
Dot area is proportional to transaction value.
No open-market insider purchase on record.
Recent open-market activity
| Date | Insider | Role | Action | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|---|
| LOWE KENNETH W | Director | Sell | 200,000 | $28.23 | $5.6M | 590,108 −25.3% of holding | |
| Girdwood Amy | Chief People & Culture Officer | Sell | 262,285 | $27.98 | $7.3M | 539,374 −32.7% of holding | |
| LEVY ANTON J | Director | Sell | 340,000 | $28.39 | $9.7M | 618,067 −35.5% of holding | |
| LOWE KENNETH W | Director | Sell | 200,000 | $28.35 | $5.7M | 790,108 −20.2% of holding | |
| Perrette Jean-Briac | Pres.&CEO, Global Streaming | Sell | 126,707 | $28.96 | $3.7M | 1,047,016 −10.8% of holding | |
| Zaslav David | Chief Executive Officer & Pres | Sell 10b5-1 | 194,999 | $28.02 | $5.5M | 6,807,934 −2.8% of holding | |
| Zaslav David 2 fills | Chief Executive Officer & Pres | Sell 10b5-1 | 773,173 | $28.01 | $21.7M | 6,807,934 −10.2% of holding | |
| Merchant Fazal F | Director | Sell | 71,539 | $27.75 | $2.0M | 33,067 −68.4% of holding | |
| FISHER RICHARD W | Director | Sell | 20,000 | $27.46 | $549.2K | 59,546 −25.1% of holding | |
| LOWE KENNETH W | Director | Sell | 120,000 | $26.97 | $3.2M | 990,108 −10.8% of holding | |
| Zeiler Gerhard 4 fills | President, International | Sell | 591,038 | $27.05 | $16.0M | 537,436 −52.4% of holding | |
| Zaslav David 2 fills | Chief Executive Officer & Pres | Sell 10b5-1 | 2,184,782 | $27.22 | $59.5M | 6,997,746 −23.8% of holding | |
| Perrette Jean-Briac | Pres.&CEO, Global Streaming | Sell | 659,120 | $27.42 | $18.1M | 1,173,723 −36% of holding | |
| GOULD PAUL A | Director | Sell | 600,000 | $27.35 | $16.4M | 244,357 −71.1% of holding | |
| Merchant Fazal F | Director | Sell | 35,000 | $27.48 | $961.8K | 95,539 −26.8% of holding | |
| Aiyar Priya 2 fills | Chief Legal Officer | Sell | 98,651 | $27.85 | $2.7M | 897,844 −9.9% of holding | |
| Campbell Bruce | Chief Rev & Strategy Officer | Sell | 41,784 | $27.82 | $1.2M | 604,666 −6.5% of holding | |
| Campbell Bruce 8 fills | Chief Rev & Strategy Officer | Sell | 1,635,449 | $28.00 | $45.8M | 1,215,250 −57.4% of holding | |
| Zeiler Gerhard | President, International | Sell | 600,000 | $28.02 | $16.8M | 672,649 −47.1% of holding | |
| Wiedenfels Gunnar 4 fills | Chief Financial Officer | Sell | 374,323 | $28.05 | $10.5M | 691,570 −35.1% of holding | |
| Zaslav David | Chief Executive Officer & Pres | Sell | 4,004,149 | $28.26 | $113.2M | 7,200,627 −35.7% of holding | |
| Wiedenfels Gunnar | Chief Financial Officer | Sell | 617,580 | $28.25 | $17.4M | 691,570 −47.2% of holding | |
| Aiyar Priya | Chief Legal Officer | Sell | 223,512 | $28.24 | $6.3M | 919,252 −19.6% of holding | |
| Girdwood Amy | Chief People & Culture Officer | Sell | 75,030 | $28.25 | $2.1M | 1,027,283 −6.8% of holding | |
| FISHER RICHARD W | Director | Sell | 16,345 | $28.31 | $462.7K | 70,479 −18.8% of holding | |
| Wiedenfels Gunnar 2 fills | Chief Financial Officer | Sell 10b5-1 | 242,994 | $29.50 | $7.2M | 918,940 −20.9% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 4,122 | $28.92 | $119.2K | 100,962 −3.9% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $27.45 | $137.3K | 105,084 −4.5% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $27.62 | $138.1K | 110,084 −4.3% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $25.42 | $127.1K | 115,084 −4.2% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $24.14 | $120.7K | 120,084 −4% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $24.18 | $120.9K | 125,084 −3.8% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $24.25 | $121.3K | 130,084 −3.7% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell | 5,000 | $23.74 | $118.7K | 135,084 −3.6% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell 10b5-1 | 5,000 | $23.83 | $119.2K | 140,084 −3.4% of holding | |
| Locke Lori C. | Chief Accounting Officer | Sell 10b5-1 | 5,000 | $23.25 | $116.3K | 145,084 −3.3% of holding | |
| Wiedenfels Gunnar | Chief Financial Officer | Sell 10b5-1 | 222,210 | $22.50 | $5.0M | 918,940 −19.5% of holding | |
| Wiedenfels Gunnar 3 fills | Chief Financial Officer | Sell 10b5-1 | 530,793 | $19.50 | $10.4M | 1,141,150 −31.7% of holding |
Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.