Form 4: Warner Bros. Discovery Executive Bruce Campbell Reports Stock Transactions
SEC Form 4 Filing
Bruce Campbell, Chief Revenue & Strategy Officer at Warner Bros. Discovery, reports acquisition and disposal of Series A Common Stock and Employee Stock Options.
Summary
- Bruce Campbell, Chief Revenue & Strategy Officer of Warner Bros. Discovery, filed a Form 4 detailing changes in beneficial ownership.
- On February 28, 2025, Campbell disposed of 68,269 shares of Series A Common Stock at $11.46 per share.
- On March 3, 2025, Campbell acquired 185,428 shares of Series A Common Stock at $0 per share.
- Following these transactions, Campbell directly owns 1,174,875 shares of Series A Common Stock.
- Campbell also indirectly owns 209,700 shares through his spouse as trustee for children and 145,418 shares through an LLC via a grantor retained annuity trust.
- Campbell acquired 397,919 Employee Stock Options with an exercise price of $11.02 on March 3, 2025, exercisable beginning March 3, 2026, and expiring on March 3, 2032.
- Following the transaction, Campbell directly owns 795,838 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Disposal of 68,269 shares of Series A Common Stock at $11.46 per share. |
| 03/03/2025 | Acquisition of 185,428 shares of Series A Common Stock at $0 per share and acquisition of 397,919 Employee Stock Options at $11.02. |
| 03/03/2026 | First vesting date (33%) for Employee Stock Options. |
| 03/03/2032 | Expiration date for Employee Stock Options. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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