Form 4: Warner Bros. Discovery CFO Gunnar Wiedenfels Reports Stock Disposal
SEC Form 4
Chief Financial Officer of Warner Bros. Discovery, Gunnar Wiedenfels, reports disposing of shares to cover tax obligations.
Summary
- Gunnar Wiedenfels, the Chief Financial Officer of Warner Bros. Discovery, reported a transaction involving Series A Common Stock on February 28, 2024.
- He disposed of 8,695 shares at a price of $8.71 per share to cover tax obligations.
- Following the transaction, Wiedenfels directly owns 1,217,598 shares of Series A Common Stock.
- He also indirectly owns 14,140 shares as custodian and 13,045 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock disposal transaction |
| 03/01/2024 | Date of signature by power of attorney |
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