Form 4: Warner Bros. Discovery Executive Lori C. Locke Reports Stock Transaction
SEC Form 4 Filing
Lori C. Locke, Chief Accounting Officer of Warner Bros. Discovery, reports the disposal of 281 shares of Series A Common Stock to cover tax obligations.
Summary
- On May 31, 2024, Lori C. Locke, the Chief Accounting Officer of Warner Bros. Discovery, disposed of 281 shares of Series A Common Stock.
- The transaction was executed at a price of $8.24 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or equity awards.
- Following the transaction, Locke directly owns 106,754 shares of Series A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction 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.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock transaction |
| 06/04/2024 | Date of signature on the form |
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