WBD
Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. insider trading
Warner Bros. Discovery, Inc. files with the SEC as a Cable & Other Pay Television Services company headquartered in New York, NY. Every time one of its executives or directors buys or sells the stock, the filing appears here the moment it reaches the SEC — with grants and option exercises set apart from the trades that cost the insider their own money.
From SEC filings
Recent WBD insider transactions
9 insiders traded WBD on the open market between Jul 13, 2026 and Sep 14, 2026 — 19 sales worth $141.3M, of which 5 were pre-scheduled under a 10b5-1 plan.
- Bought
- —
- Sold
- $141.3M
- Net
- −$141.3M
- Insiders
- 9
5 of 19 on a 10b5-1 plan
Locke Lori C.
Chief Accounting Officer
−$819K
Sep 14, 2026
29,115 sh · $28.13
Fisher Richard W
Director
−$188K
Sep 11, 2026
6,700 sh · $28.06
Lowe Kenneth W
Director
−$5.6M
Sep 10, 2026
200,000 sh · $28.23
Girdwood Amy
Chief People & Culture Officer
−$7.3M
Sep 09, 2026
262,285 sh · $27.98
Levy Anton J
Director
−$9.7M
Sep 03, 2026
340,000 sh · $28.39
Lowe Kenneth W
Director
−$5.7M
Sep 03, 2026
200,000 sh · $28.35
Perrette Jean-Briac
Pres.&CEO, Global Streaming
−$3.7M
Aug 27, 2026
126,707 sh · $28.96
Zaslav David10b5-1
Chief Executive Officer & Pres · Director
−$5.5M
Aug 14, 2026
194,999 sh · $28.02
Zaslav David10b5-1
Chief Executive Officer & Pres · Director
−$2.7M
Aug 13, 2026
94,906 sh · $28.00
Zaslav David10b5-1
Chief Executive Officer & Pres · Director
−$19M
Aug 13, 2026
678,267 sh · $28.01
Merchant Fazal F
Director
−$2M
Aug 13, 2026
71,539 sh · $27.75
Fisher Richard W
Director
−$549.2K
Aug 12, 2026
20,000 sh · $27.46
Lowe Kenneth W
Director
−$3.2M
Aug 11, 2026
120,000 sh · $26.97
Zeiler Gerhard
President, International
−$2.7M
Aug 10, 2026
100,000 sh · $27.06
Zeiler Gerhard
President, International
−$5.5M
Aug 10, 2026
201,656 sh · $27.07
Zeiler Gerhard
President, International
−$5.3M
Aug 10, 2026
196,691 sh · $27.04
Zeiler Gerhard
President, International
−$2.5M
Aug 10, 2026
92,691 sh · $27.02
Zaslav David10b5-1
Chief Executive Officer & Pres · Director
−$56.9M
Jul 13, 2026
2,089,876 sh · $27.22
Zaslav David10b5-1
Chief Executive Officer & Pres · Director
−$2.6M
Jul 13, 2026
94,906 sh · $27.22
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Sep 14, 2026 | Locke Lori C.Chief Accounting Officer | 29,115 | $28.13 | −$819K |
| Sep 11, 2026 | Fisher Richard WDirector | 6,700 | $28.06 | −$188K |
| Sep 10, 2026 | Lowe Kenneth WDirector | 200,000 | $28.23 | −$5.6M |
| Sep 09, 2026 | Girdwood AmyChief People & Culture Officer | 262,285 | $27.98 | −$7.3M |
| Sep 03, 2026 | Levy Anton JDirector | 340,000 | $28.39 | −$9.7M |
| Sep 03, 2026 | Lowe Kenneth WDirector | 200,000 | $28.35 | −$5.7M |
| Aug 27, 2026 | Perrette Jean-BriacPres.&CEO, Global Streaming | 126,707 | $28.96 | −$3.7M |
| Aug 14, 2026 | Zaslav David10b5-1Chief Executive Officer & Pres · Director | 194,999 | $28.02 | −$5.5M |
| Aug 13, 2026 | Zaslav David10b5-1Chief Executive Officer & Pres · Director | 94,906 | $28.00 | −$2.7M |
| Aug 13, 2026 | Zaslav David10b5-1Chief Executive Officer & Pres · Director | 678,267 | $28.01 | −$19M |
| Aug 13, 2026 | Merchant Fazal FDirector | 71,539 | $27.75 | −$2M |
| Aug 12, 2026 | Fisher Richard WDirector | 20,000 | $27.46 | −$549.2K |
| Aug 11, 2026 | Lowe Kenneth WDirector | 120,000 | $26.97 | −$3.2M |
| Aug 10, 2026 | Zeiler GerhardPresident, International | 100,000 | $27.06 | −$2.7M |
| Aug 10, 2026 | Zeiler GerhardPresident, International | 201,656 | $27.07 | −$5.5M |
| Aug 10, 2026 | Zeiler GerhardPresident, International | 196,691 | $27.04 | −$5.3M |
| Aug 10, 2026 | Zeiler GerhardPresident, International | 92,691 | $27.02 | −$2.5M |
| Jul 13, 2026 | Zaslav David10b5-1Chief Executive Officer & Pres · Director | 2,089,876 | $27.22 | −$56.9M |
| Jul 13, 2026 | Zaslav David10b5-1Chief Executive Officer & Pres · Director | 94,906 | $27.22 | −$2.6M |
SEC Form 4 data, Q3 2024 to Q2 2026
WBD insider trading by quarter
Between Jul 01, 2024 and Jun 30, 2026, 14 insiders traded WBD on the open market: 4 purchases worth $4.3M and 46 sales worth $315.4M, 19 of the sales pre-scheduled under a 10b5-1 plan. In the last four quarters alone: 2 purchases ($3.6M) and 43 sales ($283.2M), by 12 insiders.
| Quarter | Bought | Sold | Insiders |
|---|---|---|---|
| Q2 2026 | — | — | |
| Q1 2026 | — | −$252M24 sales | |
| Q4 2025 | — | −$13.4M13 sales · all on a plan | |
| Q3 2025 | +$3.6M2 buys | −$17.8M6 sales · all on a plan | |
| Q2 2025 | — | — | |
| Q1 2025 | +$197.9K1 buy | — | |
| Q4 2024 | +$535.9K1 buy | −$32.2M3 sales | |
| Q3 2024 | — | — |
- Largest purchase
- +$2.7M of WBD by Levy Anton J (Director) on Aug 11, 2025.
- Largest sale
- −$113.2M of WBD by Zaslav David (Chief Executive Officer & Pres · Director) on Mar 03, 2026.
Profile: David Zaslav (Chief Executive Officer & Pres) — two years of that insider's own trades, company by company.
Open-market transactions through Jun 30, 2026most recent first
Perrette Jean-Briac
Pres.&CEO, Global Streaming
−$18.1M
Mar 16, 2026
659,120 sh · $27.42
Gould Paul A
Director
−$16.4M
Mar 16, 2026
600,000 sh · $27.35
Merchant Fazal F
Director
−$961.8K
Mar 16, 2026
35,000 sh · $27.48
Aiyar Priya
Chief Legal Officer
−$2.2M
Mar 10, 2026
77,243 sh · $27.85
Aiyar Priya
Chief Legal Officer
−$596.2K
Mar 10, 2026
21,408 sh · $27.85
Campbell Bruce
Chief Rev & Strategy Officer
−$1.2M
Mar 09, 2026
41,784 sh · $27.82
Campbell Bruce
Chief Rev & Strategy Officer
−$23.1M
Mar 04, 2026
825,222 sh · $28.00
Zeiler Gerhard
President, International
−$16.8M
Mar 04, 2026
600,000 sh · $28.02
Campbell Bruce
Chief Rev & Strategy Officer
−$8M
Mar 04, 2026
285,679 sh · $28.00
Campbell Bruce
Chief Rev & Strategy Officer
−$5.1M
Mar 04, 2026
183,346 sh · $28.00
Campbell Bruce
Chief Rev & Strategy Officer
−$3.9M
Mar 04, 2026
139,323 sh · $28.00
Wiedenfels Gunnar
Chief Financial Officer
−$3.7M
Mar 04, 2026
131,127 sh · $28.05
Campbell Bruce
Chief Rev & Strategy Officer
−$3.7M
Mar 04, 2026
131,313 sh · $28.00
Wiedenfels Gunnar
Chief Financial Officer
−$3.5M
Mar 04, 2026
123,588 sh · $28.05
Wiedenfels Gunnar
Chief Financial Officer
−$2.6M
Mar 04, 2026
91,418 sh · $28.05
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Mar 16, 2026 | Perrette Jean-BriacPres.&CEO, Global Streaming | 659,120 | $27.42 | −$18.1M |
| Mar 16, 2026 | Gould Paul ADirector | 600,000 | $27.35 | −$16.4M |
| Mar 16, 2026 | Merchant Fazal FDirector | 35,000 | $27.48 | −$961.8K |
| Mar 10, 2026 | Aiyar PriyaChief Legal Officer | 77,243 | $27.85 | −$2.2M |
| Mar 10, 2026 | Aiyar PriyaChief Legal Officer | 21,408 | $27.85 | −$596.2K |
| Mar 09, 2026 | Campbell BruceChief Rev & Strategy Officer | 41,784 | $27.82 | −$1.2M |
| Mar 04, 2026 | Campbell BruceChief Rev & Strategy Officer | 825,222 | $28.00 | −$23.1M |
| Mar 04, 2026 | Zeiler GerhardPresident, International | 600,000 | $28.02 | −$16.8M |
| Mar 04, 2026 | Campbell BruceChief Rev & Strategy Officer | 285,679 | $28.00 | −$8M |
| Mar 04, 2026 | Campbell BruceChief Rev & Strategy Officer | 183,346 | $28.00 | −$5.1M |
| Mar 04, 2026 | Campbell BruceChief Rev & Strategy Officer | 139,323 | $28.00 | −$3.9M |
| Mar 04, 2026 | Wiedenfels GunnarChief Financial Officer | 131,127 | $28.05 | −$3.7M |
| Mar 04, 2026 | Campbell BruceChief Rev & Strategy Officer | 131,313 | $28.00 | −$3.7M |
| Mar 04, 2026 | Wiedenfels GunnarChief Financial Officer | 123,588 | $28.05 | −$3.5M |
| Mar 04, 2026 | Wiedenfels GunnarChief Financial Officer | 91,418 | $28.05 | −$2.6M |
From SEC's quarterly Form 3, 4 and 5 data sets: code P purchases and code S sales of common stock, by the date the trade happened. Where a fund and the people who control it each report the same block, it is counted once. Trades made in the last days of Q2 2026 but filed after it closed arrive with SEC's next quarterly release.
Warner Bros. Discovery, Inc. company record
- SEC industry classification
- Cable & Other Pay Television Services
- Headquarters
- New York, NY
- Incorporated in
- DE
- Listed on
- Nasdaq
- SEC Central Index Key
- 0001437107
- Previously filed as
- Discovery, Inc.
Sourced from this company's own SEC submissions record. The industry label is SEC's Standard Industrial Classification, which is more specific than the Communication Services sector shown above.
After insiders bought WBD
What the stock actually did in the 90 days following each open-market purchase
Don't check WBD — let it ping you
Get told the moment an insider moves on WBD
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How to read WBD insider activity
- Open-market purchase (code P)
- An insider spending their own money at market price. This is the only buy code that reliably carries signal — it is a decision, not compensation.
- Grants and option exercises (codes A, M)
- Scheduled compensation. Most "insider buying" headlines are really this, which is why InsiderPulse weights it at a fraction of a real purchase.
- Cluster buy
- Two or more different insiders buying on the open market in the same window. One executive buying can mean anything; three is much harder to explain away.
Other Communication Services tickers
Questions
- Are WBD insiders buying or selling?
- Between Jul 13, 2026 and Sep 14, 2026, 9 Warner Bros. Discovery, Inc. insiders made no open-market purchases and 19 sales worth $141.3M, a net sale of $141.3M. 5 of the sales were pre-scheduled under a Rule 10b5-1 plan.
- How much WBD stock have insiders bought and sold in the last two years?
- Between Jul 01, 2024 and Jun 30, 2026, 14 Warner Bros. Discovery, Inc. insiders made 4 open-market purchases worth $4.3M and 46 sales worth $315.4M. 19 of the sales were pre-scheduled under a Rule 10b5-1 plan. In the four quarters to Jun 30, 2026: 2 purchases ($3.6M) and 43 sales ($283.2M). The largest purchase was Levy Anton J buying $2.7M on Aug 11, 2025. The largest sale was Zaslav David selling $113.2M on Mar 03, 2026.
- What was the largest recent WBD insider trade?
- Zaslav David (Chief Executive Officer & Pres · Director) sold $56.9M of WBD stock on Jul 13, 2026 at about $27.22 a share, under a pre-scheduled 10b5-1 plan.
- When did an insider last buy WBD shares?
- No open-market purchase by a Warner Bros. Discovery, Inc. insider appears in the filings from Jul 13, 2026 to Sep 14, 2026 — every recorded open-market transaction in that period was a sale. Before that, the most recent purchase in SEC's data was Levy Anton J buying $825K on Aug 12, 2025.
- Where does WBD insider trading data come from?
- From the Form 4 filings Warner Bros. Discovery, Inc.'s officers, directors and 10% owners must send the SEC within two business days of a trade. Each row on this page links to its original filing on SEC EDGAR. Share grants and option exercises are kept apart from open-market purchases and sales, because only the latter cost the insider their own money.
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