WBD Warner Bros. Discovery, Inc.
Price Chart
Executive Summary
Three insiders at Warner Bros. Discovery sold shares in the past week, including two directors who offloaded over $17.3 million in stock via open-market transactions. One transaction was a non-cash gift of shares with no economic value.
Key Financial Metrics
Actionable Insight
Monitor for additional insider selling in the coming days; such concentrated director-level sales, especially exceeding $16M in one transaction, may signal caution ahead of earnings or strategic uncertainty. Compare with prior quarters’ insider activity for pattern confirmation.
Key Facts
- Director Merchant Fazal F sold 35,000 shares for $961,800 in an open-market transaction.
- Director Paul A. Gould sold 600,000 shares for $16,410,000 in an open-market transaction.
- Director Debra L. Lee gifted 16,345 shares, a non-cash transaction with $0 value.
- Total open-market sale value: $17.37 million.
- Total insider sales in the last 30 days now amount to $34.2 million.
Financial Impact
$17.37 million in open-market share sales by directors over 7 days
Risk Factors
- Perception of insider pessimism regarding near-term stock performance or business outlook.
- Potential downward pressure on share price if more selling follows.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-WBD-1773695684905 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 4, 2026
5d ago
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8-K
| $27.00 $26.24 | ▼ −2.81% | ▼ −0.22% | $26.56 (−1.63%) |
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May 27, 2026
13d ago
|
8-K
| $27.14 $27.04 | ▼ −0.37% | ▼ −0.92% | $26.56 (−2.14%) |
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May 19, 2026
21d ago
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8-K
| $27.42 $27.10 | ▼ −1.17% | ▼ −1.36% | $26.56 (−3.14%) |
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Apr 30, 2026
5w ago
|
8-K
| $27.05 $26.97 | ▼ −0.30% | ▼ −0.52% | $26.56 (−1.81%) |
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Apr 16, 2026
7w ago
|
DEFA14A
| $27.47 $27.42 | ▼ −0.18% | ▲ +0.01% | $26.56 (−3.31%) |
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Mar 30, 2026
10w ago
|
Court Ruling
| $27.09 $27.46 | ▲ +1.37% | ▼ −1.52% | $26.56 (−1.96%) |
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Mar 30, 2026
10w ago
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Court Ruling
| $27.09 $27.46 | ▲ +1.37% | ▼ −1.52% | $26.56 (−1.96%) |
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Mar 16, 2026
12w ago
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PREM14A
| $27.64 $27.35 | ▼ −1.05% | ▲ +0.35% | $26.56 (−3.91%) |
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Mar 16, 2026
12w ago
|
Insider Cluster
| $27.51 $27.64 | ▼ −0.47% | ▼ −0.20% | $26.56 (+3.45%) |
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Mar 16, 2026
12w ago
|
Insider Cluster
| $27.51 $27.64 | ▼ −0.47% | ▼ −0.20% | $26.56 (+3.45%) |
US Market Status
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