WBD · Insider Trading

Warner Bros. Discovery, Inc. Series A Common Stock

Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Every open-market purchase and sale reported by WBD officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings

most recent

Open-Market Buys

code P

Sales

code S

Reporting Insiders

current holders

WBD — Recent Form 4 Transactions (latest 2026-10-08)

Filed	Insider	Role	Type	Shares	Value
2026-10-08	Priya Aiyar	Chief Legal Officer	MIXED	−897,844	−$57.27M
2026-10-08	Lori C. Locke	Chief Accounting Officer	MIXED	−86,906	−$4.59M
2026-10-08	Amy Girdwood	Chief People & Culture Officer	MIXED	−539,374	−$22.79M
2026-10-08	Jean-Briac Perrette	Pres.&CEO, Global Streaming	MIXED	−1,047,016	−$133.74M
2026-10-08	Gunnar Wiedenfels	Chief Financial Officer	MIXED	−705,397	−$114.39M
2026-10-08	Bruce Campbell	Chief Rev & Strategy Officer	MIXED	−604,666	−$120.02M
2026-10-08	Gerhard Zeiler	President, International	MIXED	−537,436	−$86.05M
2026-10-08	David Zaslav	Chief Executive Officer & Pres	MIXED	−6,807,934	−$224.37M
2026-10-06	Joseph Levin	Director	D	−10,537	−$326.82K
2026-10-06	Paula A Price	Director	D	−59,151	−$1.83M
2026-10-06	Daniel E. Sanchez	Director	D	−44,054	−$1.37M
2026-10-06	Anthony Noto	Director	D	−45,306	−$1.41M
2026-10-06	Debra L Lee	Director	D	−42,806	−$1.33M
2026-10-06	Kenneth W Lowe	Director	D	−581,834	−$18.05M
2026-10-06	Samuel A Di Piazza Jr.	Director	D	−101,037	−$3.14M
2026-10-06	Fazal F Merchant	Director	D	−24,000	−$744.40K
2026-10-06	Geoffrey Y Yang	Director	D	−192,337	−$5.97M
2026-10-06	Richard W Fisher	Director	D	−43,779	−$1.36M
2026-10-06	Anton J Levy	Director	D	−585,000	−$18.14M
2026-10-06	Paul A Gould	Director	D	−220,357	−$6.83M
2026-10-01	Anthony Noto	Director	A	+929	—
2026-09-16	Lori C. Locke	Chief Accounting Officer	Sell	−29,115	−$819.00K
2026-09-14	Richard W Fisher	Director	Sell	−6,700	−$188.00K
2026-09-11	Kenneth W Lowe	Director	Sell	−200,000	−$5.65M
2026-09-10	Amy Girdwood	Chief People & Culture Officer	Sell	−262,285	−$7.34M
2026-09-08	Anton J Levy	Director	Sell	−340,000	−$9.65M
2026-09-04	Kenneth W Lowe	Director	Sell	−200,000	−$5.67M
2026-08-31	Jean-Briac Perrette	Pres.&CEO, Global Streaming	Sell	−126,707	−$3.67M
2026-08-18	Gunnar Wiedenfels	Chief Financial Officer	A	+71,455	—
2026-08-14	Fazal F Merchant	Director	Sell	−71,539	−$1.99M
2026-08-14	Richard W Fisher	Director	Sell	−20,000	−$549.20K
2026-08-14	David Zaslav	Chief Executive Officer & Pres	MIXED	−94,906	−$18.25M
2026-08-12	David Zaslav	Chief Executive Officer & Pres	Sell	−153	−$1.16K
2026-08-12	Kenneth W Lowe	Director	Sell	−120,000	−$3.24M
2026-08-12	Samuel A Di Piazza Jr.	Director	I	−82,415	−$2.23M
2026-08-12	Gerhard Zeiler	President, International	MIXED	−100,000	−$10.23M
2026-07-15	David Zaslav	Chief Executive Officer & Pres	MIXED	−94,906	−$38.24M
2026-07-01	Anthony Noto	Director	A	+1,079	—
2026-06-16	David Zaslav	Chief Executive Officer & Pres	F	−202,881	−$5.47M
2026-06-11	Samuel A Di Piazza Jr.	Director	A	+9,067	—
2026-06-11	Richard W Fisher	Director	A	+9,067	—
2026-06-11	Joseph Levin	Director	A	+9,067	—
2026-06-11	Anthony Noto	Director	A	+9,067	—
2026-06-11	Daniel E. Sanchez	Director	A	+9,067	—
2026-06-11	Paula A Price	Director	A	+9,067	—
2026-06-11	Fazal F Merchant	Director	A	+9,067	—
2026-06-11	Debra L Lee	Director	A	+9,067	—
2026-06-11	Paul A Gould	Director	A	+9,067	—
2026-06-11	Anton J Levy	Director	A	+9,067	—
2026-06-11	Kenneth W Lowe	Director	A	+9,067	—

WBD — Current Insider Holders

Insider	Role	Shares Held	Value
David Zaslav	Chief Executive Officer & Pres	3,737,162	$115.67M
Gerhard Zeiler	President, International	2,236,849	$69.23M
Savalle Sims	Chief Legal Officer	623,023	$19.28M
Jennifer Remling	Chief People & Culture Officer	443,626	$13.73M
Bruce Campbell	Chief Rev & Strategy Officer	227,532	$7.04M
Jean-Briac Perrette	Pres.&CEO, Global Streaming	227,532	$7.04M
Paul A Gould	Director	103,159	$3.19M
Debra L Lee	Director	16,106	$498.48K

WBD Insider Trading FAQ

Who are the insiders at WBD?

8 officers, directors and 10%+ beneficial owners currently report holdings in WBD via SEC Form 4.

Are WBD insiders buying or selling?

Across the 50 most recent Form 4 filings for WBD, 0 were open-market purchases (code P) and 11 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is WBD insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent WBD filing is dated 2026-10-08.

How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the WBD quote page; the site-wide leaderboard is on the insider transactions hub.