Wiedenfels Gunnar 4

What Happened

• Gunnar Wiedenfels, Chief Financial Officer of Warner Bros. Discovery (WBD), had 459,495 shares disposed on Feb 27, 2026 as a payment for exercise price or tax liability (transaction code F) at $28.17 per share, generating about $12.94 million in proceeds. He was also reported as acquiring 156,195 shares on Mar 2, 2026 as a grant/award (transaction code A) with $0.00 per-share acquisition price.

Key Details

• Transaction dates and prices:
  • 2026-02-27: 459,495 shares disposed at $28.17 (F — tax withholding) — $12,943,974 total.
  • 2026-03-02: 156,195 shares acquired at $0.00 (A — award/grant).
• Shares owned after the transactions: not specified in the filing.
• Footnotes/meaning:
  • F = payment of exercise price or tax liability (commonly a tax-withholding sale tied to option exercise or vesting).
  • A = grant, award or other acquisition (shares issued/vested).
• Filing timeliness: Form 4 filed 2026-03-03 for transactions on 2026-02-27 and 2026-03-02 — filing appears timely (within required reporting window).

Context

• The disposal was a tax-withholding event rather than an open-market sale; these are routine when shares vest or options are exercised and do not necessarily indicate a change in insider sentiment. The separate grant shows new shares were issued/vested to the CFO (acquired at $0), and the withheld shares covered tax obligations.