Warner Bros. Discovery CEO Sells $3.7 Million in Stock
Jean-Briac Perrette, President and CEO of Global Streaming at Warner Bros. Discovery (WBD), sold 126,707 shares of Series A common stock on August 27, 2026, for a total value of $3.7 million according to an SEC Form 4 filing. The sale occurred in multiple transactions with prices ranging from $28.95 to $28.98 per share. Perrette still holds approximately 1,047,016 shares directly after the transaction, valued at around $30.2 million as of August 27 market close. The insider ownership for Warner Bros. Discovery remains low at 0.0418%. The sale comes amid ongoing discussions about a potential acquisition by Paramount Skydance, which has faced resistance from some state attorneys general.
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Topics: executive_sales SEC_filing stock_ownership