Compras y ventas de directivos de Warner Bros. Discovery (WBD)
Qué compran y venden los consejeros y directivos del S&P 500 en sus propias empresas, tal cual lo presentan en los Formularios 4 de la SEC (2 días hábiles de plazo): cada fila con su código oficial y sin filtrar nada.
Las compras en mercado abierto (código P) son la señal rara, en verde; las ventas (código S) son frecuentes y muchas van programadas (10b5-1). La tabla II (derivados) no se incluye: sus precios son de ejercicio, no de mercado. Guía: compras de directivos.
| Fecha | Ticker | Directivo | Cargo | Acciones | Precio | Importe | % posición | Tipo / documento |
|---|
Descargar estas transacciones en CSV Sin cuenta y sin registro. Los datos son públicos: salen de los Formularios 4 de la SEC.
Compras y ventas de directivos de Warner Bros. Discovery Inc (WBD): ninguna compra y 43 ventas
142 transacciones de la tabla I del Formulario 4 declaradas ante la SEC por directivos de Warner Bros. Discovery Inc entre el 2025-09-12 y el 2026-10-08 (histórico de 15 meses): 0 compras y 43 ventas en mercado abierto, y 99 transacciones con otros códigos del Formulario 4, desglosados uno a uno más abajo. La mayor operación en mercado abierto es una venta de $113,2M de Zaslav David el 2026-03-03.
Compras y ventas de directivos de Warner Bros. Discovery en los últimos 12 meses
Entre el 21 oct 2025 y el 20 oct 2026, los directivos de Warner Bros. Discovery declararon 39 ventas por $406,7M en mercado abierto, y ninguna compra.
Quien más vendió fue Zaslav David (Chief Executive Officer & Pres): $199,7M en 4 ventas, de 13 vendedores distintos.
La mayor operación del período fue una venta de $113,2M el 3 mar 2026, de Zaslav David (Chief Executive Officer & Pres). Formulario 4 en sec.gov (0001318285-26-000009).
De las 39 ventas, 15 (el 38%, $100,0M) llevan en el Formulario 4 la marca de plan 10b5-1, es decir, se programaron con meses de antelación; las otras 24 no la llevan.
En los tres últimos meses hay 13 ventas, frente a 1 en los tres anteriores. La última venta es del 14 sept 2026.
Las 20 operaciones más importantes
Como WBD no tiene compras en mercado abierto, la tabla empieza por sus ventas, de mayor a menor importe. El histórico completo está en la herramienta de arriba, ya buscado.
Ver las 142 operaciones de WBD en el histórico completo →
| Operación | Declarada | Directivo | Cargo | Importe | Código | Documento |
|---|---|---|---|---|---|---|
| 2026-03-03 | 2026-03-05 | Zaslav David | Chief Executive Officer & Pres | $113,2M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.42 to $28.20 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-07-13 | 2026-07-15 | Zaslav David | Chief Executive Officer & Pres | $59,5M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 12, 2026. These sales were made pursuant to that trading arrangement. F2 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.00 to $27.59 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-03-04 | 2026-03-05 | Campbell Bruce | Chief Rev & Strategy Officer | $45,8M | S — Venta en mercado abierto Tenencia indirecta, a través de: By spouse as trustee for children; By LLC through grantor retained annuity trust 7 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.09 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F2 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.06 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F3 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.94 to $28.06 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F4 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.11 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F5 In March 2025, the reporting person transferred 300,000 shares from his indirect holdings to his direct holdings. As a result, subsequently filed Form 4s underreported his direct holdings in Box 5 by 300,000 shares. F6 In March 2025, the reporting person transferred 144,095 shares from his indirect holdings to his direct holdings. As a result, subsequently filed Form 4s overreported his indirect holdings in Box 5. F7 In March 2025, the reporting person transferred 155,905 shares from his indirect holdings to his direct holdings. As a result, subsequently filed Form 4s overreported his indirect holdings in Box 5. | SEC |
| 2026-08-13 | 2026-08-14 | Zaslav David | Chief Executive Officer & Pres | $21,7M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 12, 2026. These sales were made pursuant to that trading arrangement. F2 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.00 to $28.07 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-03-16 | 2026-03-18 | Perrette Jean-Briac | Pres.&CEO, Global Streaming | $18,1M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.40 to $27.46 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-03-03 | 2026-03-05 | Wiedenfels Gunnar | Chief Financial Officer | $17,4M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.17 to $28.44 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-03-04 | 2026-03-05 | Zeiler Gerhard | President, International | $16,8M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.12 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-03-16 | 2026-03-16 | Gould Paul A | Consejero | $16,4M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.26 to $27.41 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-08-10 | 2026-08-12 | Zeiler Gerhard | President, International | $16,0M | S — Venta en mercado abierto4 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.05 to $27.09 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F2 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.06 to $27.10 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F3 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.03 to $27.07 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. F4 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.01 to $27.03 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-03-04 | 2026-03-05 | Wiedenfels Gunnar | Chief Financial Officer | $10,5M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F2 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.19 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2025-09-15 | 2025-09-16 | Wiedenfels Gunnar | Chief Financial Officer | $10,4M | S — Venta en mercado abierto (programada 10b5-1)Nota del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 4, 2025. These sales were made pursuant to that trading arrangement. | SEC |
| 2026-09-03 | 2026-09-08 | Levy Anton J | Consejero | $9,7M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.37 to $28.44 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-09-09 | 2026-09-10 | Girdwood Amy | Chief People & Culture Officer | $7,3M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.92 to $28.06 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2025-12-10 | 2025-12-12 | Wiedenfels Gunnar | Chief Financial Officer | $7,2M | S — Venta en mercado abierto (programada 10b5-1)Nota del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 4, 2025. These sales were made pursuant to that trading arrangement. | SEC |
| 2026-03-03 | 2026-03-05 | Aiyar Priya | Chief Legal Officer | $6,3M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.17 to $28.36 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-09-03 | 2026-09-04 | Lowe Kenneth W | Consejero | $5,7M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.30 to $28.45 per share.. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-09-10 | 2026-09-11 | Lowe Kenneth W | Consejero | $5,6M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.13 to $28.34 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2026-08-14 | 2026-08-14 | Zaslav David | Chief Executive Officer & Pres | $5,5M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 12, 2026. These sales were made pursuant to that trading arrangement. F3 The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.00 to $28.15 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. | SEC |
| 2025-10-31 | 2025-11-03 | Wiedenfels Gunnar | Chief Financial Officer | $5,0M | S — Venta en mercado abierto (programada 10b5-1)Nota del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 4, 2025. These sales were made pursuant to that trading arrangement. | SEC |
| 2025-09-11 | 2025-09-12 | Campbell Bruce | Chief Rev & Strategy Officer | $4,8M | S — Venta en mercado abierto (programada 10b5-1)Nota del Formulario 4 (texto original de la SEC, en inglés)F1 As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on March 13, 2025. These sales were made pursuant to that trading arrangement. | SEC |
El saldo del período: cuánto dinero entra y cuánto sale
En los Formularios 4 presentados entre el 12 sept 2025 y el 8 oct 2026 no consta ni una compra en mercado abierto de Warner Bros. Discovery Inc: 43 ventas por $424,5M y cero dólares comprados.
Solo cuentan los códigos P y S, donde el directivo pone o saca su propio dinero. Que el saldo de Warner Bros. Discovery Inc salga vendedor es lo habitual en el S&P 500, donde buena parte del sueldo se cobra en acciones. No es una recomendación de comprar ni de vender: es lo que se declaró.
Todas las transacciones, código por código
| Código | Qué significa | Operaciones | Importe declarado |
|---|---|---|---|
| A | Adjudicación o premio de acciones | 44 | $0 |
| S | Venta en mercado abierto | 43 | $424,5M |
| F | Retención fiscal (acciones entregadas por impuestos) | 22 | $124,6M |
| D | Venta o devolución al emisor | 20 | $823,7M |
| M | Ejercicio de opciones | 10 | $64,0M |
| I | Operación discrecional dentro de un plan | 2 | $2,5M |
| G | Regalo o donación | 1 | $0 |
| Total | Todo lo declarado en el período | 142 | $1,44B |
45 de las 142 filas no traen un importe utilizable en el Formulario 4: cuentan como operación y suman $0. Las etiquetas son las del índice de códigos de la SEC.
Quién ha operado
En los 15 meses del histórico han declarado operaciones de Warner Bros. Discovery Inc 20 personas o entidades distintas. De ellas, ninguna compró en mercado abierto y 13 vendieron. Se cuentan por su CIK, el número fijo que la SEC da a cada declarante, y no por el nombre, que cada uno escribe a su manera.
De los 13 que vendieron en mercado abierto (43 ventas en total), los tres que más vendieron suman $304,6M de los $424,5M: el 72% del dinero en tres personas.
| Declarante | Cargo | Transacciones | Comprado (nº) | Vendido (nº) | Última declarada |
|---|---|---|---|---|---|
| Zaslav David | Chief Executive Officer & Pres | 14 | — | $199,7M (5) | 2026-10-08 |
| Campbell Bruce | Chief Rev & Strategy Officer | 14 | — | $54,4M (4) | 2026-10-08 |
| Wiedenfels Gunnar | Chief Financial Officer | 16 | — | $50,5M (5) | 2026-10-08 |
| Zeiler Gerhard | President, International | 10 | — | $32,8M (2) | 2026-10-08 |
| Perrette Jean-Briac | Pres.&CEO, Global Streaming | 9 | — | $21,7M (2) | 2026-10-08 |
| Gould Paul A | Consejero | 3 | — | $16,4M (1) | 2026-10-06 |
| Lowe Kenneth W | Consejero | 5 | — | $14,6M (3) | 2026-10-06 |
| Levy Anton J | Consejero | 3 | — | $9,7M (1) | 2026-10-06 |
Se enseñan los 8 que más dinero movieron, de 20. Los demás están en el histórico completo, que se abre con el enlace de arriba. El nombre lleva a todas sus operaciones, en cualquier empresa. «Transacciones» cuenta cualquier código; el dinero, solo mercado abierto. Cargo: el de su última declaración.
Mes a mes
Por el mes en que se operó, no en el que se presentó el formulario; los meses sin operaciones van a cero. El mes con más movimiento fue mar 2026: 0 compras y 13 ventas, por $252,0M. 7 de los 15 meses no tienen ninguna. 1 operación se hizo antes del inicio de la ventana y se declaró con retraso: está en el histórico y en las tablas de arriba, pero cae fuera de este calendario.
| Mes | Compras | Importe | Ventas | Importe |
|---|---|---|---|---|
| ago 2025 | 0 | $0 | 0 | $0 |
| sept 2025 | 0 | $0 | 3 | $17,8M |
| oct 2025 | 0 | $0 | 1 | $5,0M |
| nov 2025 | 0 | $0 | 2 | $235k |
| dic 2025 | 0 | $0 | 9 | $8,2M |
| ene 2026 | 0 | $0 | 0 | $0 |
| feb 2026 | 0 | $0 | 0 | $0 |
| mar 2026 | 0 | $0 | 13 | $252,0M |
| abr 2026 | 0 | $0 | 0 | $0 |
| may 2026 | 0 | $0 | 0 | $0 |
| jun 2026 | 0 | $0 | 0 | $0 |
| jul 2026 | 0 | $0 | 1 | $59,5M |
| ago 2026 | 0 | $0 | 7 | $52,5M |
| sept 2026 | 0 | $0 | 6 | $29,3M |
| oct 2026 | 0 | $0 | 0 | $0 |
El último mes puede ir incompleto: el Formulario 4 se presenta hasta dos días hábiles después. La tabla no dice si el patrón es bueno o malo; dice cuándo pasó.
Ficha de análisis de Warner Bros. Discovery Inc (WBD) →
Otras empresas con operaciones de directivos
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Cómo leer estos datos
7 de las 20 ventas de la tabla van marcadas como programadas (plan 10b5-1): se firman con meses de antelación y se ejecutan solas, así que no dicen lo que el directivo piensa hoy. Warner Bros. Discovery no tiene ninguna compra en mercado abierto (código P) en el histórico, que es lo más común en el S&P 500: los directivos ya cobran en acciones. La última presentación es del 8 oct 2026, y el Formulario 4 llega hasta dos días hábiles después de operar.
20 de las 20 filas de la tabla llevan notas al pie del propio Formulario 4, plegadas en la columna del código y copiadas tal cual, en inglés; una fila sin nota es que el formulario no la trae.
Guía: Compras de directivos · todas las guías
Lo que hay detrás de estas operaciones
Los conceptos de esta página, explicados desde cero en la Academia. Gratis y sin cuenta.
- Qué dice y qué NO dice la hipótesis de eficienciaSi la compra de un directivo es pública y cualquiera puede leerla, ¿queda información dentro? Es la pregunta exacta que trae a esta página.
- Quién mueve realmente el mercado: los tipos de inversoresQuién hay al otro lado de cada orden, y qué sitio ocupan entre ellos los directivos de la propia empresa.
- Oferta, demanda y el precio: por qué sube y baja constantementeCómo acaba una noticia metida en el precio, y por qué la reacción a una venta declarada rara vez es la que uno esperaría.
Fuente: SEC EDGAR Formulario 4. Esto es una lista de hechos públicos, no asesoramiento financiero ni una recomendación de compra o venta.