Warner Bros. Discovery: pres. & ceo Perrette Jean-Briac sold 5,745,421 shares

What happened

• Perrette Jean-Briac, pres. & ceo, disposed of multiple equity awards and shares on Oct 6, 2026. The filing shows cash dispositions at $31.02 per share for 432,477 shares ($13,414,009), 387,007 shares ($12,003,680), 227,532 shares ($7,057,292) and 3,264,855 shares ($101,265,028), for a total cash amount of $133,740,009.
• The filing also reports an acquisition (grant) of 3,264,855 shares at $0.00 immediately followed by a disposition of the same 3,264,855 shares to the issuer, and several additional dispositions of derivative awards/options totaling 1,433,550 shares reported with N/A price/value.

Key details

• Transaction date: Oct 6, 2026. Filing date: Oct 8, 2026.
• Cash price reported in the transactions: $31.02 per share; footnote F2 states the per share merger consideration was $31.01666668.
• Shares sold/converted: 5,745,421 shares in total (4,311,871 disclosed with $31.02 cash consideration; 1,433,550 reported as derivative dispositions with N/A price).
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes: F1 describes the merger effective Oct 6, 2026; F2 gives the per share merger consideration; F3–F9 explain conversion/cancellation of RSUs, PRSUs and options into contingent cash awards or cash payments under the merger; F10 and F11 describe vesting schedules for certain options.
• Filing timeliness: the filing lists the report period as Oct 6, 2026 and was filed on Oct 8, 2026.

Why it may matter

• The filing shows equity awards and options were converted and paid in cash in connection with the merger consideration and then disposed to the issuer; several transactions are reported as derivative dispositions (N/A price).
• The filing does not show why the insider traded or why the company acted.