Insider trade

Officer sold ~$596K of WBD shares in the open market

Traded Mar 10, 2026 · Filed Mar 11, 2026

~$596K
Reported value · 21K sh @ $27.85: 898K
Holds after · shares reported: +11.5%
stock since the trade · S&P 500 +12.8%, $27.76 → $30.95 on Oct 1

Why it stands out

Warner Bros. Discovery's Chief Legal Officer sold $596K of Warner Bros. Discovery shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 10, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 11, 2026

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$596,213

Shares × reported transaction price

Timing vs results

12 days after results of Feb 26, 2026, 57 days before results of May 6, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $27.76 on Mar 10, 2026, 261% above its 52-week low and 7% below its high, after a 2% drop over the previous 30 trading days

52-week range $7.69 (Apr 8, 2025) to $29.98 (Dec 12, 2025), 90% of the way up, from 251 adjusted closes. 30 trading days earlier: $28.24 on Jan 26, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Nov 25, 2024 in the U.S. District Court, S.D. New York. A filing is an allegation, not a finding.

Collura v. Warner Bros. Discovery, Inc., docket 1:24-cv-09027, via CourtListener (court records). Nature of suit 850, company named as first defendant