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FilingsForm 4

Warner Bros. Discovery officer sells $7,468,474 of stock in September 2025

From the public record1 min read

Published Updated Filed
Value$7.47 million
Shares439,322
Average price$17.00
FiledSep 12

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Campbell Bruce, listed as Chief Rev & Strategy Officer of Warner Bros. Discovery, sold 439,322 shares on Sep 11 and Sep 12, 2025, at an average of $17 a share, for $7,468,474. The form listed a stock option exercise of 139,322 shares on Sep 11, 2025, followed by a sale line of the same size, and stated 252,464 shares held directly after the last sale line. The filing's box for a Rule 10b5-1 trading plan was ticked, and a footnote said the sales were made under a Rule 10b5-1 trading arrangement entered into on Mar 13, 2025. The source is a Form 4, the form an insider files when trading the company's shares, filed with the SEC on Sep 12, 2025.123456789101112131415

How each figure was checked15 facts
  1. Warner Bros. Discovery Form 4 0001437107-25-000201: ownerCampbell BruceOur database
  2. Warner Bros. Discovery Form 4 0001437107-25-000201: relationshipofficer (Chief Rev & Strategy Officer)Our database
  3. Warner Bros. Discovery Form 4 0001437107-25-000201: sidesaleOur database
  4. Warner Bros. Discovery Form 4 0001437107-25-000201: shares439,322Our database
  5. Warner Bros. Discovery Form 4 0001437107-25-000201: first dateSep 11, 2025Our database
  6. Warner Bros. Discovery Form 4 0001437107-25-000201: last dateSep 12, 2025Our database
  7. Warner Bros. Discovery Form 4 0001437107-25-000201: average price$17Our database
  8. Warner Bros. Discovery Form 4 0001437107-25-000201: value$7.47 millionOur database
  9. Warner Bros. Discovery Form 4 0001437107-25-000201, line 2exercise of a derivative security (code M): 139,322 shares acquired on Sep 11, 2025 at $8.67 per share; held directly; 541,786 owned after the lineOur database
  10. the sale line after the exercise: 139,322 shares sold the same daysale (code S): 139,322 shares disposed on Sep 11, 2025 at $17 per share; held directly; 402,464 owned after the lineOur database
  11. the security of the derivative line: employee stock options282,868 shares of Employee Stock Option owned after this line, held directlyOur database
  12. Warner Bros. Discovery Form 4 0001437107-25-000201: shares afterafter the last sale line the form states 252464 shares of Series A Common Stock held directlyOur database
  13. Warner Bros. Discovery Form 4 0001437107-25-000201: rule 10b5 1ticked: the filing marks a transaction on the form as made under a Rule 10b5-1 plan; the box is one answer for the whole form and does not say which lineOur database
  14. Footnote F1 of the Form 4 filed Sep 12, 2025 (it is attached to that document's line N1, N2, N3, N4, D1)March 31, 2025; March 13, 2025Footnotes of the SEC EDGAR, Form 4 filed Sep 12, 2025 ↗
  15. Warner Bros. Discovery Form 4 0001437107-25-000201: filed onSep 12, 2025Our database

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The record

Issuer
Warner Bros. Discovery (CIK 1437107, filed as Warner Bros. Discovery, Inc.)
Form
4
Accession
0001437107-25-000201
Filed
Sep 12, 2025
Period of report
Sep 11, 2025
Reporting owner
Campbell Bruce (CIK 1421985)
Relationship
officer (Chief Rev & Strategy Officer)
Rule 10b5-1 checkbox
Ticked
Line 1
S (sale) · 150,000 Series A Common Stock at $16.00 · Sep 11, 2025 · disposed, directly · 402,464 held after · footnote F1
Line 2
M (exercise of a derivative security) · 139,322 Series A Common Stock at $8.67 · Sep 11, 2025 · acquired, directly · 541,786 held after · footnote F1
Line 3
S (sale) · 139,322 Series A Common Stock at $17.00 · Sep 11, 2025 · disposed, directly · 402,464 held after · footnote F1
Line 4
S (sale) · 150,000 Series A Common Stock at $18.00 · Sep 12, 2025 · disposed, directly · 252,464 held after · footnote F1
Derivative line 1
M (exercise of a derivative security) · 139,322 Employee Stock Option at $0.00 · Sep 11, 2025 · disposed, directly · 282,868 held after · footnotes F1 and F2
Footnote F1
As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 13, 2025. These sales were made pursuant to that trading arrangement.
Footnote F2
This option vests in three installments (33%, 33%, 34%) beginning on March 1, 2025.
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Insider purchases and sales of Warner Bros. Discovery shares, 12 months

Total$39.64 million sold, $4.28 million bought
Zaslav David · sold$30.08 million
Campbell Bruce · sold$7.47 million
LEVY ANTON J · bought$3.55 million
Sims Savalle · sold$2.09 million
Zeiler Gerhard · bought$535,920
Di Piazza Samuel A Jr. · bought$197,918
New to this? Learn it in 4 minReading a Form 4

About Warner Bros. Discovery

Warner Bros. Discovery page →
Revenue$37.3 billionYear to Dec 31, 2025 · −5.15% year over year
Operating income$738 millionYear to Dec 31, 2025 · +107.36% year over year
Net income$727 millionYear to Dec 31, 2025 · +106.43% year over year

Source: SEC EDGAR XBRL financial data · filed Aug 6, 2026

Open roles
No public hiring feed we can read
Layoffs, 12 months
No WARN notices in the US states we read

Sources

  1. SEC EDGAR, Form 4 filed Sep 12, 2025
  2. How we collect our data
Warner Bros. Discovery

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