Earnings Feed
Start Free
Warner Bros. Discovery, Inc.·4

Mar 12, 5:05 PM ET

LEE DEBRA L 4

Research Summary

AI-generated summary

Updated

WBD Director Debra L. Lee Gifts 16,345 Shares

What Happened Debra L. Lee, a director of Warner Bros. Discovery, reported donating 16,345 shares of WBD common stock on March 10, 2026. The Form 4 shows the transaction as a gift (code G) with a reported price of $0.00 and $0 in proceeds — the shares were transferred to charity rather than sold.

Key Details

  • Transaction date: 2026-03-10; Filing date: 2026-03-12 (appears timely under Form 4 rules).
  • Transaction type: Gift (code G). Reported price per share: $0.00; total proceeds: $0.
  • Shares involved: 16,345 shares donated.
  • Footnote: F1 — the shares were donated to a charitable donor-advised fund.
  • Shares owned after the transaction: Not specified in the provided excerpt of the filing.

Context Gifts to donor-advised funds transfer ownership for charitable purposes and do not generate cash proceeds for the insider; they should not be read as a buy or sell signal about the insider’s view of the company. This is a non-market transaction commonly used for philanthropy or tax planning.