Form 4: Warner Bros. Discovery Executive Bruce Campbell Reports Stock Disposal
SEC Filing
Bruce Campbell, Chief Revenue & Strategy Officer at Warner Bros. Discovery, disposed of 22,491 shares of Series A Common Stock to cover tax obligations.
Summary
- Bruce Campbell, Chief Revenue & Strategy Officer of Warner Bros. Discovery, filed a Form 4 detailing changes in beneficial ownership.
- On July 9, 2024, Campbell disposed of 22,491 shares of Series A Common Stock at a price of $7.34 per share.
- This transaction was related to the satisfaction of tax obligations.
- Following the transaction, Campbell directly owns 1,068,791 shares of Series A Common Stock.
- Campbell also indirectly owns 209,700 shares through his spouse as trustee for their children and 145,418 shares through an LLC via a grantor retained annuity trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock disposal for tax purposes, which is a routine transaction.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 07/09/2024 | Date of stock disposal transaction |
| 07/11/2024 | Date of signature on the Form 4 filing |
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