LEE DEBRA L 4
Research Summary
AI-generated summary
WBD Director Debra L. Lee Receives 9,067-Share Award
What Happened
- Debra L. Lee, a director of Warner Bros. Discovery, reported an award/acquisition of 9,067 shares on 2026-06-09. The Form 4 shows the shares were acquired at a reported price of $0.00 (transaction code A), meaning no cash was paid on the filing line.
Key Details
- Transaction date: 2026-06-09; Filing date (accession): 2026-06-11.
- Reported price per share: $0.00; reported cash consideration: $0.
- Transaction type: Award/Grant (code A) — typically restricted stock or RSUs (the filing does not specify vesting terms).
- Shares owned after transaction: Not specified in the disclosed Form 4.
- Timeliness: Filed within two business days of the transaction (not marked late). No 10b5-1 plan, tax withholding, or other footnotes were indicated in the filing.
Context
- An "A" award on a Form 4 usually indicates a grant of shares (often restricted stock or RSUs) rather than an open-market purchase. Such awards may vest over time or be subject to other conditions; this filing does not detail those terms. Awards are common for directors as part of compensation and do not by themselves signal immediate buying or selling intent.