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Company Analysis

DISCA Insider Trading

Warner Bros. Discovery, Inc. | Cable & Other Pay Television Services

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Warner Bros. Discovery, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Cable & Other Pay Television Services sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2021-12-03 01:02 2021-11-30 MALONE JOHN C Director, 10% owner SELL $22.91 465,000 $10,653,894 7,669,362 -5.7%
2021-06-22 23:50 2021-06-21 MALONE JOHN C Director, 10% owner SELL $29.15 6,768 $197,287 244,605 -2.7%
2021-06-05 01:16 2021-06-03 MALONE JOHN C Director, 10% owner SELL $29.49 405,000 $11,944,746 6,817,938 -5.6%
2021-05-28 23:33 2021-05-27 BENNETT ROBERT R Director SELL $68.80 20 $1,376 0 -100.0%
2021-05-25 23:43 2021-05-24 Wiedenfels Gunnar Officer - Chief Financial Officer SELL $31.30 8,383 $262,346 199,913 -4.0%
2021-03-17 23:15 2021-03-16 Sanchez Daniel E. Director SELL $75.80 9,538 $722,980 12,019 -44.2%
2021-03-17 23:12 2021-03-16 Perrette Jean-Briac Officer - Pres.&CEO, Discovery Int'l OPT+S $76.11 199,017 $15,147,761 327,825 0.0%
2021-03-16 23:21 2021-03-15 Locke Lori C. Officer - Chief Accounting Officer SELL $73.10 1,301 $95,103 21,514 -5.7%
2021-03-16 23:19 2021-03-15 Beck Robert R Director SELL $73.40 15,999 $1,174,263 68,579 -18.9%
2021-03-16 23:17 2021-03-15 LOWE KENNETH W Director SELL $61.20 83,500 $5,110,451 1,007,903 -7.7%
2021-03-06 00:16 2021-03-03 Sanchez Daniel E. Director SELL $60.78 2,000 $121,560 21,557 -8.5%
2021-03-06 00:14 2021-03-04 Perrette Jean-Briac Officer - Pres.&CEO, Discovery Int'l OPT+S $62.32 474,601 $29,574,904 327,825 0.0%
2021-03-04 00:38 2021-03-02 Perrette Jean-Briac Officer - Pres.&CEO, Discovery Int'l SELL $59.05 93,342 $5,511,658 327,825 -22.2%
2021-03-04 00:27 2021-03-01 Leavy David Officer - Chief Corp Operating Officer OPT+S $55.30 66,864 $3,697,352 93,395 0.0%
2021-03-04 00:24 2021-03-02 Sims Savalle Officer - General Counsel SELL $58.77 3,668 $215,568 74,947 -4.7%
2021-03-04 00:21 2021-03-02 Wiedenfels Gunnar Officer - Chief Financial Officer BUY $48.50 40,000 $1,940,000 50,000 +400.0%
2021-03-04 00:21 2021-03-01 Wiedenfels Gunnar Officer - Chief Financial Officer OPT+S $57.41 167,751 $9,629,981 216,342 0.0%
2021-03-04 00:16 2021-03-02 LOWE KENNETH W Director SELL $48.64 111,000 $5,398,618 1,091,403 -9.2%
2021-03-03 00:45 2021-03-01 Sims Savalle Officer - General Counsel OPT+S $55.83 8,125 $453,578 57,623 0.0%
2021-03-03 00:40 2021-03-01 Locke Lori C. Officer - Chief Accounting Officer SELL $58.06 1,703 $98,869 16,214 -9.5%
2021-02-27 01:11 2021-02-24 BENNETT ROBERT R Director SELL $51.75 103,173 $5,339,223 6,768 -93.8%
2021-02-26 01:17 2021-02-23 Alpert-Romm Adria Officer - Chief People & Culture Officer OPT+S $44.93 15,962 $717,152 10,989 0.0%
2021-02-26 01:14 2021-02-23 Alpert-Romm Adria Officer - Chief People & Culture Officer OPT+S $52.11 330,482 $17,221,053 4,674 0.0%
2021-02-26 01:11 2021-02-23 Leavy David Officer - Chief Corp Operating Officer OPT+S $50.91 203,401 $10,355,694 5,521 0.0%
2021-02-26 01:03 2021-02-23 Sims Savalle Officer - General Counsel OPT+S $51.20 30,951 $1,584,840 72,232 0.0%
2021-02-26 00:57 2021-02-23 Wiedenfels Gunnar Officer - Chief Financial Officer OPT+S $51.43 267,777 $13,770,887 218,963 0.0%
2021-02-26 01:07 2021-02-23 Campbell Bruce Officer - Chief Dev Dist & Legal Officer OPT+S $50.79 631,428 $32,072,754 40,794 0.0%
2021-02-26 01:00 2021-02-23 LOWE KENNETH W Director OPT+S $43.01 393,966 $16,943,926 1,202,403 0.0%
2020-12-09 00:35 2020-12-04 LOWE KENNETH W Director OPT+S $25.22 91,836 $2,316,104 1,202,403 0.0%
2020-12-05 01:39 2020-12-03 MALONE JOHN C Director, 10% owner SELL $28.61 550,000 $15,733,300 300,000 -64.7%
2020-05-08 23:34 2020-05-08 MALONE JOHN C Director, 10% owner SELL $21.44 5,229 $112,110 780,591 -0.7%
2020-03-17 23:42 2020-03-16 WARGO J DAVID Director SELL $19.27 200,000 $3,853,080 142,624 -58.4%
2020-03-11 23:53 2020-03-09 WARGO J DAVID Director SELL $22.84 185,000 $4,224,771 302,624 -37.9%
2020-03-04 01:29 2020-03-02 Sims Savalle Officer - General Counsel SELL $25.75 7,484 $192,698 76,556 -8.9%
2020-02-20 01:17 2020-02-14 ADVANCE LONG-TERM MANAGEMENT TRUST Director, 10% owner SELL $30.08 9,500,000 $285,712,500 2 -100.0%
2019-11-30 01:00 2019-11-26 Campbell Bruce Officer - Chief Dev Dist & Legal Officer SELL $33.01 25,000 $825,200 364,219 -6.4%
2019-11-23 01:00 2019-11-21 Leavy David Officer - Chief Corp Ops & Comms Officer OPT+S $32.25 44,970 $1,450,283 66,611 0.0%
2019-11-23 01:00 2019-11-20 Perrette Jean-Briac Officer - Pres., Discover Networks Int'l SELL $32.05 58,812 $1,884,925 211,883 -21.7%
2019-11-20 01:35 2019-11-15 WARGO J DAVID Director BUY $28.28 162,450 $4,594,086 487,624 +50.0%
2019-11-18 15:30 2019-11-14 MALONE JOHN C Director, 10% owner BUY $28.03 2,670,000 $74,840,100 10,317,937 +34.9%
2019-11-15 01:08 2019-11-12 Perrette Jean-Briac Officer - Pres., Discover Networks Int'l SELL $28.62 600 $17,172 0 -100.0%
2019-08-22 00:15 2019-08-19 Sanchez Daniel E. Director SELL $28.40 1,059 $30,076 16,789 -5.9%
2019-08-16 00:20 2019-08-13 Sims Savalle Officer - General Counsel OPT+S $30.18 3,085 $93,096 0 0.0%
2019-06-14 00:11 2019-06-11 Campbell Bruce Officer - Chief Dev Dist & Legal Officer SELL $28.89 10,000 $288,900 389,219 -2.5%
2019-05-31 00:06 2019-05-28 Faricy Peter Officer - CEO, Global Direct to Consumer BUY $27.91 35,900 $1,001,969 182,367 +24.5%
2019-03-06 00:56 2019-03-04 Sims Savalle Officer - General Counsel OPT+S $28.57 16,623 $474,874 0 0.0%
2018-11-16 01:10 2018-11-13 LOWE KENNETH W Director SELL $28.88 58,000 $1,674,802 1,202,403 -4.6%
2018-11-15 01:33 2018-11-12 Leavy David Officer - Chief Corp Ops & Comms Officer OPT+S $31.65 39,278 $1,243,121 5,521 0.0%
2018-11-14 01:29 2018-11-12 Wiedenfels Gunnar Officer - Chief Financial Officer SELL $29.47 50,000 $1,473,250 10,000 -83.3%
2018-10-04 00:31 2018-10-01 Campbell Bruce Officer - Chief Dev Dist & Legal Officer OPT+S $30.00 31,462 $943,860 40,794 0.0%
SHOW ENTRIES

How to Interpret $DISCA Trades

Not every insider transaction in Warner Bros. Discovery, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $DISCA shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for DISCA

Insider activity data for Warner Bros. Discovery, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $DISCA, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.