Girdwood Amy 4

What Happened
Amy Girdwood, Chief People & Culture Officer at Warner Bros. Discovery (WBD), was granted 93,717 shares (reported as an award, code A) on 2026-03-02. To satisfy a tax or exercise-payment obligation (code F), 12,032 shares were disposed on 2026-02-27 at $28.17 per share, yielding $338,941. The award was reported with an acquisition price of $0.00 (typical for RSU vesting or similar equity awards).

Key Details

• Transactions reported: 2026-02-27 — 12,032 shares disposed at $28.17 each (F: payment of exercise price/tax) = $338,941; 2026-03-02 — 93,717 shares acquired at $0.00 (A: award/grant).
• Filing date: 2026-03-03 (filed within the typical two-business-day window).
• Shares owned after the transactions: not specified in the filing excerpt.
• Notable footnote: the disposal was for tax/withholding purposes (routine); acquisition at $0.00 is consistent with an equity award vesting (e.g., RSUs). No 10b5-1 plan or other sale plan is indicated in the excerpt.

Context
This was primarily an equity award to an executive rather than an open-market purchase or a discretionary sale. Sales labeled as tax withholding are routine and don’t necessarily signal a change in sentiment; purchases are generally more informative about insider bullishness. For options/exercise scenarios, the sale here functioned to cover tax obligations rather than represent a market-driven divestiture.