Dopfner Mathias 4

What Happened
Mathias Dopfner, a director of Warner Music Group Corp. (WMG), was granted/acquired 6,186 shares (code A) on March 4, 2026 at $0.00 (restricted shares/RSUs vesting). To cover tax obligations, 1,629 shares were withheld/disposed (code F) at $28.29 per share for a withholding value of $46,084.

Key Details

• Transaction dates: March 4, 2026 (reported on Form 4 filed March 6, 2026). Filing appears timely.
• Award/acquisition: 6,186 shares @ $0.00 (vested restricted shares/RSUs).
• Tax withholding (disposition): 1,629 shares @ $28.29 = $46,084 withheld.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: filing indicates the grant includes restricted shares and RSUs and also includes 140 previously unreported shares earned from dividends on RSUs granted March 4, 2025 (F1). Footnote F2 confirms the 1,629-share disposition reflects share withholding to satisfy tax obligations upon vesting.
• Transaction codes: A = award/acquisition, F = tax withholding (not an open-market sale).

Context
This was a vesting of restricted stock/RSUs with voluntary/required withholding for taxes — a routine administrative event rather than an open-market buy or sell that signals a change in investment view. The withheld shares were used to satisfy tax liabilities rather than representing a discretionary sale.