Dubuc Nancy 4
Research Summary
AI-generated summary
Warner Music (WMG) Director Nancy Dubuc Receives Award of 6,186 Shares
What Happened
- Nancy Dubuc, a director of Warner Music Group Corp. (WMG), was granted/acquired 6,186 shares as an award on March 4, 2026. The shares were recorded at $0.00 per share (no cash purchase); total reported value = $0.
- The award consists of restricted shares/restricted stock units (RSUs), and the reported grant includes 140 shares previously unreported that were earned as dividends on RSUs granted March 4, 2025.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely filing).
- Transaction type/code: A — Grant/award/acquisition of shares. Price per share reported: $0.00.
- Shares involved: 6,186 total; includes 140 dividend-earned shares from a prior RSU grant (footnote F1).
- Shares owned after the transaction: not disclosed in the provided excerpt.
- No 10b5-1 plan, tax-withholding sale, or sale/option exercise noted in this filing.
Context
- This was an award of restricted shares/RSUs (a non‑cash compensation event), which is routine for directors and does not represent an open‑market buy or sell signal. Such awards typically vest over time and may be subject to forfeiture or other conditions.