Wiedenfels Gunnar bought WBD
December 10, 2025 · Form 4 insider transaction
Wiedenfels Gunnar bought 150,402 shares of Warner Bros. Discovery, Inc. at $25.70 per share, a transaction worth $3.87M. The trade was recorded as option exercise under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
150,402
Price
$25.70
Total value
$3.87M
InsiderWiedenfels Gunnar
Role—
SecuritySeries A Common Stock
Transaction codeM: Option exercise
Transaction dateDecember 10, 2025
Filing dateDecember 12, 2025
Shares owned after1,069,342
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 4, 2025. These sales were made pursuant to that trading arrangement.