Perrette Jean-Briac 4

What Happened

• Perrette Jean‑Briac, President & CEO, Global Streaming at Warner Bros. Discovery (WBD), had 43,433 shares disposed/withheld on 2026-03-06 to satisfy tax obligations. The shares were valued at $27.95 each, for a total of $1,213,952. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-06
• Price per share: $27.95; total value: $1,213,952
• Transaction type: F — payment of exercise price or tax liability via share withholding (disposition)
• Shares owned after transaction: not specified in the filing excerpt provided
• Filing date / timeliness: Form 4 filed 2026-03-10; this is within the required two business days and is timely
• Note: This was a withholding to cover taxes (common after option exercises or RSU vesting), not a market sale

Context

• Share withholding to cover tax liabilities is a routine, administrative step (often part of a cashless exercise or RSU vesting) and does not necessarily signal a buy/sell opinion from the insider.
• Retail investors should view this as tax-related disposition rather than a directional insider trade; purchases are generally more informative about insider conviction.