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Company profile

Warner Bros. Discovery, Inc. Insider Trading

WBD

Every SEC Form 4 insider trading filing for Warner Bros. Discovery, Inc. (WBD) since April 2023 — open-market buys and sells by directors and officers, option exercises, and cluster activity, updated as each filing is reported to the SEC. Why 2023?

Exchange
Nasdaq
Sector
Cable & Other Pay Television Services
CIK
0001437107
Filings
234
Insiders
32
Last filing
2026-09-14
SEC EDGAR ↗Yahoo Finance ↗Finviz ↗Stock Analysis ↗

Activity summary

Recent insider activity is bearish. Over the last 30 days, insiders net sold $33.0M across 7 transactions.

Three year balance

Buy and sell value by quarter, Q4 23 to Q3 26. Warner Bros. Discovery, Inc. insiders are net sellers across the period shown.

PurchasesSales
Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25$356.7MQ1 26Q2 26Q3 26

Bars below the rule are sales, above are purchases. Largest quarter on the chart is $356.7M.

90 day insight

Over the last 90 days, Warner Bros. Discovery, Inc. insiders bought $5.8M (8 transactions) and sold $54.7M (14 transactions).

  • Most active insider: David Zaslav with 11 transactions totaling $116.7M.
  • Largest single sale: $56.9M by David Zaslav on Jul 13, 2026.
  • 26% of recent sales were pre-scheduled 10b5-1 trades — typically less informative than open-market activity.

Activity skews bearish — sales outpace buys.

Insider Transactions

Sourced from SEC EDGAR Form 4 filings. Updated hourly.

DateInsiderCompanyTypeSharesPriceValueReturn
Sep 14, 2026Lori C. LockeWBD
Sale
29,115$28.13$819K+0.6% 1d
Sep 11, 2026Richard W FisherWBD
Sale
6,700$28.06$188K+8.7% 1w
Sep 10, 2026Kenneth W LoweWBD
Sale
200,000$28.23$5.65M-0.9% 1w
Sep 9, 2026Amy GirdwoodWBD
Sale
262,285$27.98$7.34M+0.1% 1w
Sep 3, 2026Kenneth W LoweWBD
Sale
200,000$28.35$5.67M-0.5% 1w

45 more transactions hidden

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Top insiders

By total value filed.

David ZaslavChief Executive Officer & Pres9 filings−$62.0M
Gerhard ZeilerPresident, International7 filings−$10.2M
Kenneth W LoweDirector3 filings−$14.6M
Amy GirdwoodChief People & Culture Officer2 filings−$13.5M
Anton J LevyDirector1 filing−$9.7M

Institutional Ownership

Top 13F-HR holders of Warner Bros. Discovery, Inc. as of 2026-06-30

↓ decreasing
Total reported AUM
$12.46B
QoQ change
-73.2%
Reporting period
2026-06-30
#1
State Street Corp
CIK 0000093751
$3.42B
128.4M shares
#2
BlackRock, Inc.
CIK 0002012383
$2.08B
77.9M shares
#3
BlackRock, Inc.
CIK 0002012383
$1.33B
49.7M shares

Data source: quarterly 13F-HR filings — institutional holders report positions within 45 days of quarter end. Joined with insider activity above — see who's loading up institutionally while insiders are trading. Full 13F-HR API →

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Form4API, StockholmNot affiliated with the SEC or EDGAR. Data sourced from public EDGAR filings. Not investment advice.

Congressional Trading

Disclosed WBD trades under the STOCK Act

Total trades
11
Purchases
3
Sales
8
Gilbert Ray Cisneros, Jr.
Democrat · House · CA
2 buys
1 sell
Julia Letlow
Republican · House · LA
1 buy
2 sells
Laurel M. Lee
Republican · House · FL
0 buys
2 sells
August Pfluger
Republican · House · TX
0 buys
2 sells
Jefferson Shreve
Republican · House · IN
0 buys
1 sell

Sourced from U.S. House Clerk periodic transaction reports (House coverage only). Trade counts reflect disclosed filings only. The STOCK Act allows up to 45 days between a trade and its disclosure, so this reflects recent disclosures, not real-time trading. Full congressional trading API →

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