Trade Summary

3 days ago, Zaslav David, serving as CEO, Pres at Warner Bros. Discovery, Inc. (WBD), sold 4,004,149 shares at $28.26 per share, for a total transaction value of $113,157,251.00. Following this transaction, Zaslav David now holds 7,200,780 shares of WBD.

This sale represents a 36.00% decrease in Zaslav David's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, March 3, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 2 days after the trade was made.

Warner Bros. Discovery, Inc. operates in the COMMUNICATION SERVICES sector, specifically within the ENTERTAINMENT industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.