Perrette Jean-Briac 4
4 · Warner Bros. Discovery, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Warner Bros. Discovery CEO Perrette Jean-Briac Sells 659,120 Shares
What Happened
Perrette Jean-Briac, President & CEO, Global Streaming at Warner Bros. Discovery (WBD), disposed of 659,120 shares on 2026-03-16 in open-market/private sale transactions. The weighted-average price was $27.42 per share, for total proceeds of approximately $18,073,070. This was a sale (not a purchase or award) and is routinely interpreted as a liquidity event rather than an explicit signal about company prospects.
Key Details
- Transaction date: 2026-03-16; Form filed: 2026-03-18 (two days after the trades).
- Shares sold: 659,120 shares.
- Price: weighted average $27.42; individual trade prices reported in the range $27.40–$27.46 (see footnote).
- Proceeds: ~$18,073,070.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: F1 states the reported price is a weighted average of multiple transactions between $27.40 and $27.46; the filer can provide the number of shares sold at each price on request.
- No indication in this filing of 10b5-1 plan, option exercise, gift, or tax-withholding transactions.
Context
Sales by executives are common for diversification, liquidity, or tax reasons and do not by themselves indicate insiders' views on future performance. This filing reports only the sale details; no additional explanatory information about the reason for the sale was provided.
Insider Transaction Report
- Sale
Series A Common Stock
[F1]2026-03-16$27.42/sh−659,120$18,073,070→ 1,173,723 total
Footnotes (1)
- [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.