Warner Music Group Officer Armin Zerza Files Form 144 for $1.87M Proposed Sale

Warner Music Group Corp. (WMG) - Form 144 Overview

Armin Zerza, an Officer of Warner Music Group Corp., has filed a Form 144 indicating an intention to sell 63,299 shares of Class A Common Stock with an aggregate market value of approximately $1,870,485.45 (~$29.55 per share).

Key Details:

• Filing Date: September 3, 2026
• Approximate Sale Date: September 3, 2026
• Broker: Goldman Sachs & Co. LLC
• Ownership Entity: Zerza Community Property Trust

Source of Shares:

1. 27,521 shares acquired on May 12, 2025, via Restricted Stock Unit (RSU) vesting as compensation from the Issuer.
2. 35,778 shares acquired on December 11, 2025, via open-market purchase for cash.

Market Impact & Context:

• Total Class A Common Stock outstanding is reported at 147,729,456 shares.
• The proposed sale represents approximately 0.04% of the outstanding Class A common shares, indicating negligible dilution or market disruption.
• No other sales were reported in the preceding three-month period.