Trade Summary

3 days ago, Fisher Richard W, serving as Dir at Warner Bros. Discovery, Inc. (WBD), sold 16,345 shares at $28.31 per share, for a total transaction value of $462,727.00. Following this transaction, Fisher Richard W now holds 70,479 shares of WBD.

This sale represents a 19.00% decrease in Fisher Richard W'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.