FilingsForm 4
Warner Bros. Discovery director Merchant Fazal F sold $1.99 million of shares
Value$1.99 million
Shares71,539
Average price$27.75
FiledAug 14
Merchant Fazal F, a Warner Bros. Discovery director, sold 71,539 shares for $1.99 million on Aug 13, 2026. The shares were held directly, the average price was $27.75 a share, and the form stated 33,067 shares of Series A Common Stock held after the sale. The Rule 10b5-1 box, which flags trades made under a preset trading plan, was not ticked. The source is the Form 4 on SEC EDGAR, the form an insider files when trading the company's shares, filed on Aug 14, 2026.1,2,3,4,5,6,7,8,9,10,11
How each figure was checked
- who traded, as the form names the reporting ownerMerchant Fazal F
- the reporting owner's role at the companydirector
- the side of the tradesale
- shares in the trade71,539
- value of the trade$1.99 million
- first day of the tradesAug 13, 2026
- average price per share$27.75
- how the shares traded were held1 sale line held directly
- shares the form states held after the last lineafter the last sale line the form states 33067 shares of Series A Common Stock held directly
- the Rule 10b5-1 box of the formnot ticked: the filing marks no transaction on the form as made under a Rule 10b5-1 plan
- the day the form was filedAug 14, 2026
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The record
- Issuer
- Warner Bros. Discovery (CIK 1437107, filed as Warner Bros. Discovery, Inc.)
- Form
- 4
- Accession
- 0001437107-26-000077
- Filed
- Aug 14, 2026
- Period of report
- Aug 13, 2026
- Reporting owner
- Merchant Fazal F (CIK 1554904)
- Relationship
- director
- Rule 10b5-1 checkbox
- Not ticked
- Line 1
- S (sale) · 71,539 Series A Common Stock at $27.75 · Aug 13, 2026 · disposed, directly · 33,067 held after
Insider purchases and sales of Warner Bros. Discovery shares, 12 months
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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
- Studios
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- 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
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