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Warner Bros. Discovery Director Richard W. Fisher Sells $188K in Common Stock

Low SignificanceSeptember 14, 2026 at 4:39:11 PM EDT

Warner Bros. Discovery, Inc.

$WBD4CIK: 0001437107

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Filing Summary

Insider Sale Alert: Warner Bros. Discovery, Inc. ($WBD) Insider: Richard W. Fisher (Director) Action: Sold 6,700 shares of Series A Common Stock at $28.06 per share Total Value: $188,002.00 Shares Remaining: 52,846 shares Significance: Low

Comprehensive Analysis

Executive Summary

On September 11, 2026, Richard W. Fisher, a Director at Warner Bros. Discovery, Inc. ($WBD), executed an open-market sale of 6,700 shares of Series A Common Stock at an average price of $28.06 per share, generating gross proceeds of approximately $188,002.

Transaction Breakdown

  • Security: Series A Common Stock
  • Transaction Code: S (Open-market or private sale)
  • Shares Sold: 6,700
  • Execution Price: $28.06
  • Total Transaction Value: $188,002.00
  • Direct Ownership Post-Transaction: 52,846 shares
  • Percentage of Holdings Sold: ~11.25%

Market & Significance Assessment

The transaction is rated Low in trading significance given the modest total dollar value ($188,002) and the fact that Director Fisher retains a substantial direct holding of 52,846 shares. The filing does not indicate that this sale was made pursuant to a Rule 10b5-1 trading plan.

Topics:#WBD#WarnerBrosDiscovery#InsiderTrading#Form4#StockMarket

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