← Back to All Filings

Warner Bros. Discovery Director Anton J. Levy Sells $9.65M in Common Stock

High SignificanceSeptember 8, 2026 at 9:13:34 PM UTC

Warner Bros. Discovery, Inc.

$WBD4CIK: 0001437107

Subscribe to track WBD

Premium users can add ticker alerts and receive realtime notification updates.

Filing Summary

📊 Insider Sale Alert: Warner Bros. Discovery, Inc. ($WBD)

Insider: Anton J. Levy (Director) Action: Sold 340,000 shares of Series A Common Stock Price: $28.39 per share (weighted average) Total Transaction Value: $9,652,600.00 Shares Remaining: 618,067 Date of Transaction: September 3, 2026 Significance: High

Comprehensive Analysis

Executive Summary

On September 8, 2026, Warner Bros. Discovery, Inc. ($WBD) director Anton J. Levy filed a Form 4 disclosing the open-market sale of 340,000 shares of Series A Common Stock on September 3, 2026. The shares were sold at a weighted average price of $28.39 (ranging between $28.37 and $28.44), generating gross proceeds of approximately $9.65 million.

Transaction Breakdown

  • Insider: Anton J. Levy
  • Role: Director
  • Security: Series A Common Stock
  • Shares Sold: 340,000
  • Average Sale Price: $28.39
  • Gross Proceeds: $9,652,600
  • Post-Transaction Direct Holdings: 618,067 shares
  • Percentage Reduction: Approximately 35.5% of direct holdings prior to the trade (from 958,067 shares to 618,067 shares)
  • Rule 10b5-1 Flag: Not marked as a Rule 10b5-1 pre-scheduled trading plan

Market & Strategic Context

This represents a substantial direct disposition by a board member, totaling nearly $10 million in value. Because the filing does not indicate adoption under a Rule 10b5-1 trading plan, the transaction constitutes a discretionary open-market sale, commanding high market interest and scrutiny.

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

Get Real-Time Alerts

Join our community to receive instant notifications when high-significance filings are published

Important Disclaimer

This content is AI-generated from public SEC filings and may contain errors. It is for informational and educational purposes only and is not investment, legal, or tax advice.

The Filing Fool is not a registered investment adviser, broker-dealer, or financial planner. Nothing here is a recommendation or solicitation to buy, sell, or hold any security.

Always do your own due diligence and consult a licensed professional.