Warner Bros. Discovery chief financial officer sells $7,168,323 of stock in December 2025
Wiedenfels Gunnar, listed as Chief Financial Officer of Warner Bros. Discovery, sold 242,994 shares on Dec 10, 2025, at an average of $29.50 a share, for $7,168,323. The form listed stock option exercises of 92,592 and 150,402 shares on Dec 10, 2025, each followed by a sale line of the same size, and stated 918,940 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 4, 2025. The source is a Form 4, the form an insider files when trading the company's shares, filed with the SEC on Dec 12, 2025.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16
How each figure was checked
- Warner Bros. Discovery Form 4 0001437107-25-000224: ownerWiedenfels Gunnar
- Warner Bros. Discovery Form 4 0001437107-25-000224: relationshipofficer (Chief Financial Officer)
- Warner Bros. Discovery Form 4 0001437107-25-000224: sidesale
- Warner Bros. Discovery Form 4 0001437107-25-000224: shares242,994
- Warner Bros. Discovery Form 4 0001437107-25-000224: first dateDec 10, 2025
- Warner Bros. Discovery Form 4 0001437107-25-000224: average price$29.5
- Warner Bros. Discovery Form 4 0001437107-25-000224: value$7.17 million
- exercise line 1: 92,592 shares acquiredexercise of a derivative security (code M): 92,592 shares acquired on Dec 10, 2025 at $29.08 per share; held directly; 1,011,532 owned after the line
- the sale line after itsale (code S): 92,592 shares disposed on Dec 10, 2025 at $29.50 per share; held directly; 918,940 owned after the line
- exercise line 2: 150,402 shares acquiredexercise of a derivative security (code M): 150,402 shares acquired on Dec 10, 2025 at $25.70 per share; held directly; 1,069,342 owned after the line
- the sale line after itsale (code S): 150,402 shares disposed on Dec 10, 2025 at $29.50 per share; held directly; 918,940 owned after the line
- the security of the derivative lines: employee stock options0 shares of Employee Stock Option owned after this line, held directly
- Warner Bros. Discovery Form 4 0001437107-25-000224: shares afterafter the last sale line the form states 918940 shares of Series A Common Stock held directly
- Warner Bros. Discovery Form 4 0001437107-25-000224: 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 line
- Footnote F1 of the Form 4 filed Dec 12, 2025 (it is attached to that document's line N1, N2, N3, N4)September 30, 2025; March 4, 2025Footnotes of the SEC EDGAR, Form 4 filed Dec 12, 2025 ↗
- Warner Bros. Discovery Form 4 0001437107-25-000224: filed onDec 12, 2025
Sign in to keep your place.
The record
- Issuer
- Warner Bros. Discovery (CIK 1437107, filed as Warner Bros. Discovery, Inc.)
- Form
- 4
- Accession
- 0001437107-25-000224
- Filed
- Dec 12, 2025
- Period of report
- Dec 10, 2025
- Reporting owner
- Wiedenfels Gunnar (CIK 1694392)
- Relationship
- officer (Chief Financial Officer)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 92,592 Series A Common Stock at $29.08 · Dec 10, 2025 · acquired, directly · 1,011,532 held after · footnote F1
- Line 2
- S (sale) · 92,592 Series A Common Stock at $29.50 · Dec 10, 2025 · disposed, directly · 918,940 held after · footnote F1
- Line 3
- M (exercise of a derivative security) · 150,402 Series A Common Stock at $25.70 · Dec 10, 2025 · acquired, directly · 1,069,342 held after · footnote F1
- Line 4
- S (sale) · 150,402 Series A Common Stock at $29.50 · Dec 10, 2025 · disposed, directly · 918,940 held after · footnote F1
- Derivative line 1
- M (exercise of a derivative security) · 92,592 Employee Stock Option at $0.00 · Dec 10, 2025 · disposed, directly · 0 held after · footnotes F2 and F3
- Derivative line 2
- M (exercise of a derivative security) · 150,402 Employee Stock Option at $0.00 · Dec 10, 2025 · disposed, directly · 0 held after · footnotes F3 and F4
- Footnote F1
- As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 4, 2025. These sales were made pursuant to that trading arrangement.
- Footnote F2
- As initially granted, this option vests in four equal annual installments beginning March 1, 2020.
- Footnote F3
- Represents WBD Series A common stock.
- Footnote F4
- As initially granted, this option vests in four equal annual installments beginning February 28, 2021.
Insider purchases and sales of Warner Bros. Discovery shares, 12 months
About Warner Bros. Discovery
Warner Bros. Discovery page →- Studios
- Warner Bros. Games
- Games
- Gotham Knights, Hogwarts Legacy, LEGO Batman: Legacy of the Dark Knight, Mortal Kombat 1, Mortal Kombat Mobile, Suicide Squad: Kill the Justice League
- Open roles
- No public hiring feed we can read
- Layoffs, 12 months
- No WARN notices in the US states we read
Get an alert when Warner Bros. Discovery has an insider trade reported to the SEC.
Follow Warner Bros. Discovery