Form 4: Warner Bros. Discovery Chief Legal Officer Reports Stock Disposal
SEC Form 4
Savalle Sims, Chief Legal Officer of Warner Bros. Discovery, reports the disposal of 15,387 shares of Series A Common Stock to cover tax obligations.
Summary
- On March 6, 2024, Savalle Sims, the Chief Legal Officer of Warner Bros. Discovery, disposed of 15,387 shares of Series A Common Stock.
- The transaction was executed at a price of $8.41 per share.
- Following the transaction, Sims directly owns 793,473 shares of Series A Common Stock.
- Sims also indirectly owns shares through a son.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of stock disposal transaction |
| 03/08/2024 | Date of signature on the report |
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