Trade Summary

2 days ago, Campbell Bruce, serving as Chief Rev, Strategy Officer at Warner Bros. Discovery, Inc. (WBD), sold 1,635,449 shares at $28.00 per share, for a total transaction value of $45,792,572.00. Following this transaction, Campbell Bruce now holds 690,028 shares of WBD.

This sale represents a 70.00% decrease in Campbell Bruce's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, March 4, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 1 day 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.