Warner Bros. Discovery Director Anthony Noto Receives Stock in Lieu of Retainer
Warner Bros. Discovery, Inc.
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Filing Summary
š Insider Transaction Report | Warner Bros. Discovery, Inc. ($WBD)
ā¢ Insider: Anthony Noto (Director) ā¢ Filing Date: 2026-10-01 | Transaction Date: 2026-09-30 ā¢ Transaction: Acquired 929 shares of Series A Common Stock at $0.00 (in lieu of quarterly cash retainer) ā¢ Post-Transaction Holdings: 54,373 shares (Direct) ā¢ Significance: Low (Routine director compensation equity election)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Warner Bros. Discovery, Inc. ($WBD) filed a Form 4 reporting an acquisition of equity by Director Anthony Noto. On September 30, 2026, Mr. Noto acquired 929 shares of Series A Common Stock at $0 per share, bringing his direct ownership to 54,373 shares.
Transaction Details
- Security: Series A Common Stock
- Transaction Code: 'A' (Grant, award, or other acquisition)
- Shares Acquired: 929
- Price per Share: $0.00
- Post-Transaction Beneficial Ownership: 54,373 shares
- Nature of Ownership: Direct
Context & Significance
According to the footnote disclosures, the 929 shares were granted pursuant to Mr. Noto's election to receive stock in lieu of his quarterly cash retainer for his services on the board of directors. Because this is a standard compensation election rather than an open-market purchase or sale, the trading significance is rated Low.
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