Warner Bros. Discovery, Inc. (WBD) Insider Trading
Over the last 3 months, WBD insiders made 0 open-market buys and 3 sales, a net sale of -$19.5M (SEC Form 4). Over the last 6 months, 952 institutions increased and 891 reduced their position (13F).
Insider Activity
Sentiment
0/100
Buys (3m)
0
Sells (3m)
3
Net (3m)
-$19.5M
Insider trades by month Buys Sells
Mar
Aug
Sep
Nov
Dec
Mar
Context3-month price -3.4%Institutions mixed (13F)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Apr 17, 2026 | Girdwood Amyofficer: Chief People & Culture Officer | Tax | 225,624 | $27.20 |
| Mar 30, 2026 | Noto Anthonydirector | Grant | 1,063 | — |
| Mar 30, 2026 | Price Paula Adirector | Grant | 1,340 | — |
| Mar 16, 2026 | Merchant Fazal Fdirector | Sell | 35,000 | $27.48 |
| Mar 16, 2026 | GOULD PAUL Adirector | Sell | 600,000 | $27.35 |
| Mar 10, 2026 | Aiyar Priyaofficer: Chief Legal Officer | Option | 77,243 | $11.02 |
| Mar 10, 2026 | Wiedenfels Gunnarofficer: Chief Financial Officer | Tax | 43,578 | $27.95 |
| Mar 10, 2026 | Perrette Jean-Briacofficer: Pres.&CEO, Global Streaming | Tax | 43,433 | $27.95 |
| Mar 10, 2026 | Aiyar Priyaofficer: Chief Legal Officer | Sell | 77,243 | $27.85 |
| Mar 10, 2026 | Zeiler Gerhardofficer: President, International | Tax | 35,213 | $27.95 |
| Mar 5, 2026 | Zeiler Gerhardofficer: President, International | Tax | 23,757 | $28.20 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Sell | 15,448 | $28.00 |
| Mar 5, 2026 | Girdwood Amyofficer: Chief People & Culture Officer | Sell | 75,030 | $28.25 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Option | 183,346 | $25.70 |
| Mar 5, 2026 | Aiyar Priyaofficer: Chief Legal Officer | Sell | 223,512 | $28.24 |
| Mar 5, 2026 | Perrette Jean-Briacofficer: Pres.&CEO, Global Streaming | Tax | 34,797 | $28.20 |
| Mar 5, 2026 | FISHER RICHARD Wdirector | Sell | 16,345 | $28.31 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Option | 285,679 | $15.02 |
| Mar 5, 2026 | Wiedenfels Gunnarofficer: Chief Financial Officer | Sell | 28,190 | $28.05 |
| Mar 5, 2026 | Wiedenfels Gunnarofficer: Chief Financial Officer | Sell | 617,580 | $28.25 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Sell | 1,323 | $28.00 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Option | 131,313 | $11.02 |
| Mar 5, 2026 | Wiedenfels Gunnarofficer: Chief Financial Officer | Option | 131,127 | $8.67 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Option | 139,323 | $8.67 |
| Mar 5, 2026 | Zeiler Gerhardofficer: President, International | Sell | 600,000 | $28.02 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Tax | 31,765 | $28.20 |
| Mar 5, 2026 | Campbell Bruceofficer: Chief Rev & Strategy Officer | Sell | 825,222 | $28.00 |
| Mar 5, 2026 | Wiedenfels Gunnarofficer: Chief Financial Officer | Sell | 123,588 | $28.05 |
| Mar 5, 2026 | Aiyar Priyaofficer: Chief Legal Officer | Tax | 14,587 | $28.20 |
| Mar 5, 2026 | Wiedenfels Gunnarofficer: Chief Financial Officer | Tax | 29,401 | $28.20 |
Source: WBD SEC Form 4 filings, latest Apr 17, 2026. For informational purposes only — not investment advice.
Institutional activity (13F)
How institutions changed their WBD positions over the last 6 months (SEC Form 13F).
Increased
952
New positions
437
Reduced
891
Sold out
282
Largest moves
| Institution | Action | Shares | Filed |
|---|---|---|---|
| VANGUARD GROUP INC | Increased | 283.2M | Jan 29, 2026 |
| BLACKROCK, INC. | Increased | 194.8M | May 13, 2026 |
| BLACKROCK, INC. | Increased | 193.8M | Feb 12, 2026 |
| VANGUARD CAPITAL MANAGEMENT LLC | New Position | 156.9M | May 15, 2026 |
| STATE STREET CORP | Reduced | 131.1M | Feb 13, 2026 |
| STATE STREET CORP | Reduced | 127.4M | May 15, 2026 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | New Position | 103.4M | May 8, 2026 |
| HARRIS ASSOCIATES L P | Reduced | 78.9M | Feb 17, 2026 |
| GEODE CAPITAL MANAGEMENT, LLC | Increased | 69.9M | May 15, 2026 |
| GEODE CAPITAL MANAGEMENT, LLC | Increased | 66.6M | Feb 9, 2026 |
| GOLDMAN SACHS GROUP INC | Increased | 51.3M | Mar 25, 2026 |
| PENTWATER CAPITAL MANAGEMENT LP | Increased | 50.2M | May 15, 2026 |
| PENTWATER CAPITAL MANAGEMENT LP | Increased | 46.1M | Feb 17, 2026 |
| SESSA CAPITAL IM, L.P. | Reduced | 45.6M | Feb 17, 2026 |
| MILLENNIUM MANAGEMENT LLC | Increased | 43.9M | May 15, 2026 |
Source: SEC Form 13F filings. For informational purposes only — not investment advice.