FilingsForm 4

Warner Bros. Discovery chief financial officer sells $7,168,323 of stock in December 2025

Value$7.17 million
Shares242,994
Average price$29.50
FiledDec 12

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, 2025.12345678910111213141516

How each figure was checked16 facts
  1. Warner Bros. Discovery Form 4 0001437107-25-000224: ownerWiedenfels GunnarOur database
  2. Warner Bros. Discovery Form 4 0001437107-25-000224: relationshipofficer (Chief Financial Officer)Our database
  3. Warner Bros. Discovery Form 4 0001437107-25-000224: sidesaleOur database
  4. Warner Bros. Discovery Form 4 0001437107-25-000224: shares242,994Our database
  5. Warner Bros. Discovery Form 4 0001437107-25-000224: first dateDec 10, 2025Our database
  6. Warner Bros. Discovery Form 4 0001437107-25-000224: average price$29.5Our database
  7. Warner Bros. Discovery Form 4 0001437107-25-000224: value$7.17 millionOur database
  8. 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 lineOur database
  9. 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 lineOur database
  10. 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 lineOur database
  11. 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 lineOur database
  12. the security of the derivative lines: employee stock options0 shares of Employee Stock Option owned after this line, held directlyOur database
  13. 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 directlyOur database
  14. 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 lineOur database
  15. 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 ↗
  16. Warner Bros. Discovery Form 4 0001437107-25-000224: filed onDec 12, 2025Our database

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The record

Issuer
Warner Bros. Discovery (CIK 1437107, filed as Warner Bros. Discovery, Inc.)
Form
4
Accession
0001437107-25-000224
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.
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Insider purchases and sales of Warner Bros. Discovery shares, 12 months

Total$63.4 million sold, $3.75 million bought
Zaslav David · sold$30.08 million
Wiedenfels Gunnar · sold$22.52 million
Campbell Bruce · sold$7.47 million
LEVY ANTON J · bought$3.55 million
Sims Savalle · sold$2.09 million
Locke Lori C. · sold$1.24 million
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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

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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 Dec 12, 2025
  2. How we collect our data

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