Form 4: Warner Music Group Director Ynon Kreiz Acquires Additional Shares
SEC Form 4 Filing
Ynon Kreiz, a director at Warner Music Group, recently acquired 4,913 shares of Class A Common Stock at a price of $35.62 per share.
Summary
- On March 5, 2024, Ynon Kreiz, a director of Warner Music Group Corp., acquired 4,913 shares of Class A Common Stock.
- The shares were purchased at a price of $35.62 per share.
- Following the transaction, Mr. Kreiz beneficially owns 25,212 shares through the Ynon Kreiz Secondary SP Trust.
- The transaction was reported on a Form 4 filed with the Securities and Exchange Commission on March 7, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for directors and officers of publicly traded companies to buy or sell shares of their company's stock. These transactions are closely monitored by regulators and investors to ensure compliance with insider trading laws.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction: Ynon Kreiz acquired 4,913 shares of Class A Common Stock. |
| 03/07/2024 | Date of Form 4 filing with the SEC. |
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