Zeiler Gerhard's Form 4 filing
Warner Bros. Discovery, Inc. (WBD) · filed Aug 12, 2026
- Accession no.
- 0001605503-26-000012
- Filed
- Aug 12, 2026, 6:12 PM ET
- Trade date
- Aug 10, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $16.0M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Zeiler GerhardCIK 0001605503 | Officer (President, International) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2026 | Series A Common Stock | SSaleDisposed | −100,000 | $27.06F1 | −$2,706,000 | 537,436 | Direct | |
| Aug 10, 2026 | Series A Common Stock | MOption exerciseAcquired | +201,656 | $15.02 | +$3,028,873.12 | 739,092 | Direct | |
| Aug 10, 2026 | Series A Common Stock | SSaleDisposed | −201,656 | $27.07F2 | −$5,458,827.92 | 537,436 | Direct | |
| Aug 10, 2026 | Series A Common Stock | MOption exerciseAcquired | +196,691 | $8.67 | +$1,705,310.97 | 734,127 | Direct | |
| Aug 10, 2026 | Series A Common Stock | SSaleDisposed | −196,691 | $27.04F3 | −$5,318,524.64 | 537,436 | Direct | |
| Aug 10, 2026 | Series A Common Stock | MOption exerciseAcquired | +92,691 | $11.02 | +$1,021,454.82 | 630,127 | Direct | |
| Aug 10, 2026 | Series A Common Stock | SSaleDisposed | −92,691 | $27.02F4 | −$2,504,510.82 | 537,436 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2026 | Series A Common Stock | MOption exerciseDisposed | −201,656 | $0.00 | $0 | 0 | Direct | |
| Aug 10, 2026 | Series A Common Stock | MOption exerciseDisposed | −196,691 | $0.00 | $0 | 101,326 | Direct | |
| Aug 10, 2026 | Series A Common Stock | MOption exerciseDisposed | −92,691 | $0.00 | $0 | 188,193 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.05 to $27.09 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.06 to $27.10 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.03 to $27.07 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.01 to $27.03 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.