Di Piazza Samuel A Jr. sold WBD
October 6, 2026 · Form 4 insider transaction
Di Piazza Samuel A Jr. sold 59,151 shares of Warner Bros. Discovery Inc at $31.07 per share, a transaction worth $1.84M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
On October 6, 2026, pursuant to the Agreement and Plan of Merger, dated February 27, 2026 (the "Merger Agreement"), by and among Warner Bros. Discovery, Inc. ("WBD"), Paramount Skydance Corporation ("Paramount") and Prince Sub Inc., a wholly owned subsidiary of Paramount ("Merger Sub"), Merger Sub merged with and into WBD, with WBD surviving as a wholly owned subsidiary of Paramount (the "Merger").; Under the Merger Agreement, at the Effective Time, each outstanding deferred stock unit ("DSU") was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (a) the total number of shares of Series A Common Stock subject to the DSU multiplied by (b) the Per Share Merger Consideration, less applicable withholding taxes, and payable at the same time as the DSU from which it was converted.