Warner Bros. Discovery: chief people officer Amy Girdwood sold 734,868 shares

What happened

• Amy Girdwood, chief people officer, reported dispositions and an award related to the Oct 6, 2026 merger. The filing shows dispositions to the issuer of 539,374 shares at $31.02 for $16,729,602 and 195,494 shares at $31.02 for $6,063,579, and an acquisition/award of 195,494 shares at $0.00 (value $0).

Key details

• Transaction dates and prices: Oct 6, 2026 — dispositions at $31.02 (two transactions); acquisition/award recorded at $0.00 on the same date.
• Total shares sold/disposed: 734,868 shares for total proceeds of $22,793,181.
• Shares owned after the transaction: not reported in this filing.
• Relevant footnotes: transactions occurred in connection with the Agreement and Plan of Merger (Merger Agreement). Outstanding common shares were converted into cash at a per share merger consideration of $31.01666668; unvested RSUs and earned PRSUs were cancelled and converted into contingent cash awards subject to the same vesting conditions (including double-trigger protections) as described in the Merger Agreement.
• Filing date: Oct 8, 2026 (transaction date Oct 6, 2026). The filing does not indicate a tardiness flag.

Why it may matter

• The filing shows dispositions to the issuer in connection with the merger and conversion of equity awards into contingent cash awards; the A-coded entry reflects an award/acquisition (conversion) at $0.00, and the D-coded entries reflect dispositions to the issuer for cash.
• This is a report of transactions and award conversions; the filing does not show why the insider traded or why the company acted.