Warner Bros. Discovery, Inc. (WBD) is a publicly traded company in the Unknown sector. Across all available filings, 28 corporate insiders have executed 297 transactions totaling $541.8M, demonstrating a bearish sentiment with -$20.2M in net insider flow. The most recent transaction on Jan 5, 2026 involved a transaction of 1,963,465 shares valued at $0.
No significant insider buying has been recorded for WBD in the recent period.
No significant insider selling has been recorded for WBD in the recent period.
Based on recent SEC filings, insider sentiment for WBD is bearish with an Insider Alignment Score of 48/100 and a net flow of -$20.2M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Warner Bros. Discovery, Inc. (WBD) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 28 insiders are actively trading WBD stock, having executed 297 transactions in the past 90 days. The most active insider is Steven O. Newhouse (Executive), who has made 9 transactions totaling $249.8M.
Get notified when executives and directors at WBD file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jan 5, 2026 | Zaslav David | Executive | Award | 1,963,465 | $N/A | $0 | |
| Jan 2, 2026 | Zaslav David | Executive | Award | 3,052,734 | $N/A | $0 | |
| Dec 19, 2025 | Samuel A. Di Piazza Jr | Executive | Award | 2,701 | $N/A | $0 | |
| Dec 19, 2025 | Noto Anthony | Executive | Award | 1,036 | $N/A | $0 | |
| Dec 19, 2025 | A. Price Paula | Executive | Award | 1,306 | $N/A | $0 | |
| Dec 15, 2025 | Campbell Bruce | Executive | Payment | 9,495 | $26.08 | $247.6K | |
| Dec 15, 2025 | Aiyar Priya | Executive | Payment | 267,165 | $29.71 | $7.9M | Large |
| Dec 10, 2025 | C. Locke Lori | Executive | Sale | 4,122 | $28.92 | $119.2K | |
| Dec 10, 2025 | Wiedenfels Gunnar | Executive | Sale | 150,402 | $29.50 | $4.4M | Large |
| Dec 10, 2025 | Wiedenfels Gunnar | Executive | Option Exercise | 150,402 | $25.70 | $3.9M | Large |
| Dec 10, 2025 | Wiedenfels Gunnar | Executive | Sale | 92,592 | $29.50 | $2.7M | Large |
| Dec 10, 2025 | Wiedenfels Gunnar | Executive | Option Exercise | 92,592 | $29.08 | $2.7M | Large |
| Dec 9, 2025 | C. Locke Lori | Executive | Sale | 5,000 | $27.45 | $137.3K | |
| Dec 8, 2025 | C. Locke Lori | Executive | Sale | 5,000 | $27.62 | $138.1K | |
| Dec 5, 2025 | C. Locke Lori | Executive | Sale | 5,000 | $25.42 | $127.1K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 21 | $281.0M | 47.9% |
Purchase(P) | 26 | $260.8M | 44.4% |
Payment(F) | 62 | $33.8M | 5.8% |
Exercise(M) | 5 | $11.6M | 2.0% |
Award(A) | 134 | $0 | 0.0% |
Gift(G) | 7 | $0 | 0.0% |
Other(J) | 8 | $0 | 0.0% |
Disposition(D) | 34 | $0 | 0.0% |
Insider activity at Warner Bros. Discovery, Inc. shows mixed signals across all time. While $260.8M in purchases indicates some executive confidence,$281.0M in sales balances the picture, resulting in a modest net flow of -$20.2M.28 insiders have been active, with no strong directional conviction evident in the aggregate data. The most active insider, Steven O. Newhouse, has transacted $249.8M during this period.