Warner Bros. Discovery CEO David Zaslav Sells 153 Shares

What Happened David Zaslav, CEO of Warner Bros. Discovery (WBD), reported the sale of 153 shares of Series A common stock on 2024-08-22. The reported proceeds are $1,155 (reported price $7.55 per share as the weighted average). The transaction code is S (sale) and was an open-market or private sale.

Key Details

• Transaction date: 2024-08-22
• Reported price/proceeds: weighted average $7.55 per share; total reported proceeds $1,155
• Price range: the filing notes shares were sold in multiple transactions at prices between $7.55 and $7.61; the filer can provide a breakdown on request (Footnote F2)
• Filing timeliness: filing was made late — the filer states they only recently became aware the sale had not been previously reported and filed promptly upon discovery (Footnote F1). Timeliness status: L (late)
• Shares owned after transaction: not specified in the provided filing excerpt

Context This is a small dollar-value sale and, by itself, doesn't indicate a change in company outlook. Retail investors often view purchases as stronger signals than small, routine insider sales. The late filing is disclosed and the reporting person says the omission was inadvertent and corrected upon discovery.