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Warner Bros. Discovery SEC filings, summarized

We read every Warner Bros. Discovery 8-K filing and insider trade the night it hits SEC EDGAR, and turn it into a two-minute plain-English summary.

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Recent filings

Form 4 · Insider TradeSeptember 8, 2026

WBD Director Anton Levy sells $9.7M in stock

Warner Bros. Discovery Director Anton J. Levy sold 340,000 Series A common shares in an open-market transaction at $28.39 per share, for approximately $9.65…

Form 4 · Insider TradeSeptember 4, 2026

WBD director Kenneth Lowe sells $5.67M in stock

Warner Bros. Discovery Director Kenneth W. Lowe sold 200,000 Series A common shares on Sept. 3 at $28.35 per share, for approximately $5.67 million. He…

Form 4 · Insider TradeAugust 31, 2026

WBD Streaming CEO Perrette sells $3.7M in stock

Perrette Jean-Briac, president and CEO of Global Streaming at Warner Bros. Discovery, sold 126,707 Series A common shares at $28.96 each on Aug. 27, 2026.…

Form 4 · Insider TradeAugust 14, 2026

WBD director Fazal F. Merchant sells $2.0M in stock

Fazal F. Merchant, a director of Warner Bros. Discovery, sold 71,539 Series A common shares in an open-market transaction on Aug. 13 at $27.75 per share,…

Form 4 · Insider TradeAugust 14, 2026

WBD CEO David Zaslav sells $27.1M in stock

David Zaslav, Warner Bros. Discovery’s Chief Executive Officer and President and a director, sold 968,172 Series A common shares in three open-market…

Form 4 · Insider TradeAugust 12, 2026

WBD President Gerhard Zeiler sells $16.0M in stock

Gerhard Zeiler, President, International at Warner Bros. Discovery, sold 591,038 Series A common shares in four open-market transactions on Aug. 10 at…

Form 4 · Insider TradeAugust 12, 2026

WBD director Kenneth Lowe sells $3.24M in stock

Warner Bros. Discovery director Kenneth W. Lowe sold 120,000 Series A common shares on Aug. 11 at $26.97 per share, for approximately $3,236,400. He owned…

8-KMarch 16, 2026

Tax Reimbursement Agreement between David Zaslav and Warner Bros.

Tax Reimbursement Agreement between David Zaslav and Warner Bros. Discovery filed as Exhibit 10.1 — agreement dated Mar 10, 2026; 8‑K filed Mar 16, 2026. 📄…

8-KMarch 16, 2026

WBD entered a tax reimbursement agreement with CEO David Zaslav on Mar 10, 2026: if he incurs an excise…

WBD entered a tax reimbursement agreement with CEO David Zaslav on Mar 10, 2026: if he incurs an excise tax under the Code on any Merger‑related payment,…

8-KFebruary 26, 2026

Warner Bros.

Warner Bros. Discovery ($WBD) filed an 8-K (Item 9.01) on Feb 26, 2026: Exhibits 99.1 (Earnings Press Release) and 99.2 (Shareholder Letter), both dated Feb…

8-KFebruary 26, 2026

Warner Bros.

Warner Bros. Discovery ($WBD) on Feb 26, 2026 furnished a shareholder letter (Ex. 99.2) posted with its earnings press release on ir.wbd.com. Letter…

8-KFebruary 26, 2026

Warner Bros.

Warner Bros. Discovery ($WBD) released its earnings press release on Feb 26, 2026 for the quarter and fiscal year ended Dec 31, 2025. Press release…

8-KFebruary 18, 2026

WBD files Amendment No.1 to a Bridge Loan Agreement dated Feb 18, 2026 among Discovery Global Holdings…

WBD files Amendment No.1 to a Bridge Loan Agreement dated Feb 18, 2026 among Discovery Global Holdings (f/k/a WarnerMedia Holdings), Warner Bros. Discovery,…

8-KFebruary 18, 2026

8‑K filed 2026-02-18: Warner Bros.

8‑K filed 2026-02-18: Warner Bros. Discovery ($WBD) reports creation of a direct financial obligation. Item 2.03 incorporates Item 1.01 — see Item 1.01 for…

8-KFebruary 18, 2026

BREAKING: Warner Bros.

BREAKING: Warner Bros. Discovery amends its bridge loan—maturity pushed out to the earlier of June 30, 2027 or the Spin‑Off date. 🚨 JPMorgan remains agent.…

8-KJanuary 20, 2026

WBD filed an Amended & Restated Agreement and Plan of Merger (dated Jan 19, 2026) among Warner Bros.

WBD filed an Amended & Restated Agreement and Plan of Merger (dated Jan 19, 2026) among Warner Bros. Discovery, Netflix, Nightingale Sub, Inc. and New Topco…

8-KJanuary 20, 2026

On Jan 20, 2026 WBD and Netflix executed an Amended & Restated Merger Agreement; joint press release…

On Jan 20, 2026 WBD and Netflix executed an Amended & Restated Merger Agreement; joint press release furnished as Exhibit 99.1 under Item 7.01. $WBD $NFLX…

8-KJanuary 20, 2026

BREAKING: Warner Bros.

BREAKING: Warner Bros. Discovery & Netflix amend merger — $27.75/shr now ALL-CASH (was cash + Netflix stock). Boards unanimously approved; WBD board…

8-KJanuary 7, 2026

Warner Bros.

Warner Bros. Discovery filed forms of David Zaslav’s Non‑Qualified Stock Option and RSU Grant Agreements as exhibits to an 8‑K (per Schedule 14D‑9/A) on Jan…

8-KJanuary 7, 2026

Warner Bros.

Warner Bros. Discovery granted CEO David Zaslav 3,052,734 follow‑on stock options on Jan 2, 2026 with an exercise price of $28.51 (closing price that day)…