Form 4: Warner Bros. Discovery Director Sells Shares
Insider Transaction (Form 4)
Fazal F Merchant, a Director of Warner Bros. Discovery, Inc., sold 71,539 shares of common stock on August 13, 2026 for $27.75 per share.
Summary
- Open-market sale: disposed of 71,539 Series A Common Stock at $27.75 ($1,985,207) on August 13, 2026; holds 33,067 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,985,207 of stock on the open market.
Insider Transactions
Fazal F Merchant — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-13 | Open-market sale | Series A Common Stock | 71,539 | $28 | $2.0M | 33,067 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-13 | Open-market sale (71,539 shares) |
Keywords
insider transaction, Form 4, WBD, Warner Bros. Discovery, Inc., bearish, Fazal F Merchant
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.