Postgame
FilingsForm 4

Warner Bros. Discovery officer Zeiler Gerhard sold 600,000 shares for $16.81 million on Mar 4, 2026

From the public record1 min read

Published Filed
Value$16.81 million
Shares600,000
Average price$28.02
FiledMar 5

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.

Warner Bros. Discovery officer Zeiler Gerhard, President, International, sold 600,000 Series A shares on Mar 4, 2026, at an average of $28.02 a share, for $16.81 million. A footnote on the Form 4, the form an insider files when trading the company's shares, said the $28.02 was a weighted average of sales at prices from $27.93 to $28.12. The form stated 672,649 Series A shares held directly after the sale, and its Rule 10b5-1 trading-plan box was not ticked. The source is the Form 4 filed with the SEC on Mar 5, 2026.12345678910111213

How each figure was checked13 facts
  1. the company's nameWarner Bros. DiscoveryOur database
  2. the reporting owner as signedZeiler GerhardOur database
  3. the reporting owner's relationship to the companyofficer (President, International)Our database
  4. the side of the tradesaleOur database
  5. shares traded600,000Our database
  6. first date of the tradesMar 4, 2026Our database
  7. last date of the tradesMar 4, 2026Our database
  8. average price per share$28.02Our database
  9. value of the trade$16.81 millionOur database
  10. footnote F1 on the weighted average price of the sale line$27.93; $28.12SEC EDGAR, footnotes of the Form 4 filed Mar 5, 2026 ↗
  11. shares held after the last line of the tradeafter the last sale line the form states 672649 shares of Series A Common Stock held directlyOur database
  12. the form's Rule 10b5-1 checkboxnot ticked: the filing marks no transaction on the form as made under a Rule 10b5-1 planOur database
  13. day the Form 4 was filedMar 5, 2026Our database

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The record

Issuer
Warner Bros. Discovery (CIK 1437107, filed as Warner Bros. Discovery, Inc.)
Form
4
Accession
0001605503-26-000008
Filed
Mar 5, 2026
Period of report
Mar 3, 2026
Reporting owner
Zeiler Gerhard (CIK 1605503)
Relationship
officer (President, International)
Rule 10b5-1 checkbox
Not ticked
Line 1
F (payment of an exercise price or tax in shares) · 23,757 Series A Common Stock at $28.20 · Mar 3, 2026 · disposed, directly · 1,272,649 held after
Line 2
S (sale) · 600,000 Series A Common Stock at $28.02 · Mar 4, 2026 · disposed, directly · 672,649 held after · footnote F1
Footnote F1
The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.12 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
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Insider purchases and sales of Warner Bros. Discovery shares, 12 months

Total$243.83 million sold, $3.55 million bought
Zaslav David · sold$113.16 million
Campbell Bruce · sold$51.72 million
Wiedenfels Gunnar · sold$50.46 million
Zeiler Gerhard · sold$16.81 million
Aiyar Priya · sold$6.31 million
LEVY ANTON J · bought$3.55 million
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 Mar 5, 2026
  2. How we collect our data
Warner Bros. Discovery

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