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Are Warner Bros. Discovery Insiders Buying or Selling?
Warner Bros. Discovery (WBD) has had 13 insider transactions in the past 90 days, all sells. The most recent was Jean-Briac Perrette, who sold 126,707 shares at $28.96 on August 27, 2026.
Insider trading patterns can signal confidence or concern from the people who know the company best. AltIndex tracks insider transactions as one of 25+ alternative data signals in the WBD AI Score. For government officials trading this stock, see WBD congressional trading.
Who’s Trading Warner Bros. Discovery Stock?
| Insider | Activity | Trades | Last Trade |
|---|---|---|---|
| David Zaslav | Sold $230M | 7 | Aug 14, 2026 |
| Bruce Campbell | Sold $52M | 11 | Mar 9, 2026 |
| Gunnar Wiedenfels | Sold $50M | 11 | Mar 4, 2026 |
| Gerhard Zeiler | Sold $33M | 6 | Aug 10, 2026 |
| Jean-Briac Perrette | Sold $22M | 2 | Aug 27, 2026 |
| PAUL GOULD | Sold $16M | 1 | Mar 16, 2026 |
Recent Warner Bros. Discovery Insider Transactions
| Insider | Transaction Date | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Jean-Briac Perrette | Aug 27, 2026 | Sell | 126,707 | $28.96 | $3.7M |
| David Zaslav | Aug 14, 2026 | Sell | 194,999 | $28.02 | $5.5M |
| David Zaslav | Aug 13, 2026 | Sell | 678,267 | $28.01 | $19M |
| Fazal Merchant | Aug 13, 2026 | Sell | 71,539 | $27.75 | $2M |
| David Zaslav | Aug 13, 2026 | Sell | 94,906 | $28 | $2.7M |
| RICHARD FISHER | Aug 12, 2026 | Sell | 20,000 | $27.46 | $550,000 |
| KENNETH LOWE | Aug 11, 2026 | Sell | 120,000 | $26.97 | $3.2M |
| Gerhard Zeiler | Aug 10, 2026 | Sell | 201,656 | $27.07 | $5.5M |
| Gerhard Zeiler | Aug 10, 2026 | Sell | 196,691 | $27.04 | $5.3M |
| Gerhard Zeiler | Aug 10, 2026 | Sell | 100,000 | $27.06 | $2.7M |
| Gerhard Zeiler | Aug 10, 2026 | Sell | 92,691 | $27.02 | $2.5M |
| David Zaslav | Jul 13, 2026 | Sell | 2,089,876 | $27.22 | $57M |
| David Zaslav | Jul 13, 2026 | Sell | 94,906 | $27.22 | $2.6M |
| Jean-Briac Perrette | Mar 16, 2026 | Sell | 659,120 | $27.42 | $18M |
| PAUL GOULD | Mar 16, 2026 | Sell | 600,000 | $27.35 | $16M |
| Fazal Merchant | Mar 16, 2026 | Sell | 35,000 | $27.48 | $960,000 |
| Priya Aiyar | Mar 10, 2026 | Sell | 77,243 | $27.85 | $2.2M |
| Priya Aiyar | Mar 10, 2026 | Sell | 21,408 | $27.85 | $600,000 |
| Bruce Campbell | Mar 9, 2026 | Sell | 41,784 | $27.82 | $1.2M |
| Gunnar Wiedenfels | Mar 4, 2026 | Sell | 131,127 | $28.05 | $3.7M |
| Gunnar Wiedenfels | Mar 4, 2026 | Sell | 123,588 | $28.05 | $3.5M |
| Gerhard Zeiler | Mar 4, 2026 | Sell | 600,000 | $28.02 | $17M |
| Bruce Campbell | Mar 4, 2026 | Sell | 825,222 | $28 | $23M |
| Bruce Campbell | Mar 4, 2026 | Sell | 285,679 | $28 | $8M |
| Bruce Campbell | Mar 4, 2026 | Sell | 183,346 | $28 | $5.1M |
| Bruce Campbell | Mar 4, 2026 | Sell | 139,323 | $28 | $3.9M |
| Bruce Campbell | Mar 4, 2026 | Sell | 131,313 | $28 | $3.7M |
| Gunnar Wiedenfels | Mar 4, 2026 | Sell | 91,418 | $28.05 | $2.6M |
| Gunnar Wiedenfels | Mar 4, 2026 | Sell | 28,190 | $28.05 | $790,000 |
| Bruce Campbell | Mar 4, 2026 | Sell | 53,795 | $28 | $1.5M |
| Bruce Campbell | Mar 4, 2026 | Sell | 15,448 | $28 | $430,000 |
| Bruce Campbell | Mar 4, 2026 | Sell | 1,323 | $28 | $37,000 |
| David Zaslav | Mar 3, 2026 | Sell | 4,004,149 | $28.26 | $113M |
| Priya Aiyar | Mar 3, 2026 | Sell | 223,512 | $28.24 | $6.3M |
| Gunnar Wiedenfels | Mar 3, 2026 | Sell | 617,580 | $28.25 | $17M |
| Amy Girdwood | Mar 3, 2026 | Sell | 75,030 | $28.25 | $2.1M |
| RICHARD FISHER | Mar 3, 2026 | Sell | 16,345 | $28.31 | $460,000 |
| Gunnar Wiedenfels | Dec 10, 2025 | Sell | 150,402 | $29.5 | $4.4M |
| Gunnar Wiedenfels | Dec 10, 2025 | Sell | 92,592 | $29.5 | $2.7M |
| Lori Locke | Dec 10, 2025 | Sell | 4,122 | $28.92 | $120,000 |
| Lori Locke | Dec 9, 2025 | Sell | 5,000 | $27.45 | $140,000 |
| Lori Locke | Dec 5, 2025 | Sell | 5,000 | $25.42 | $130,000 |
| Lori Locke | Dec 3, 2025 | Sell | 5,000 | $24.18 | $120,000 |
| Lori Locke | Nov 28, 2025 | Sell | 5,000 | $23.83 | $120,000 |
| Gunnar Wiedenfels | Oct 31, 2025 | Sell | 222,210 | $22.5 | $5M |
| Gunnar Wiedenfels | Sep 15, 2025 | Sell | 222,210 | $19.5 | $4.3M |
| Gunnar Wiedenfels | Sep 15, 2025 | Sell | 177,456 | $19.5 | $3.5M |
| Gunnar Wiedenfels | Sep 15, 2025 | Sell | 131,127 | $19.5 | $2.6M |
| Bruce Campbell | Sep 12, 2025 | Sell | 150,000 | $18 | $2.7M |
| Bruce Campbell | Sep 11, 2025 | Sell | 139,322 | $17 | $2.4M |
| ANTON LEVY | Aug 12, 2025 | Buy | 75,000 | $11 | $830,000 |
| ANTON LEVY | Aug 11, 2025 | Buy | 250,000 | $10.9 | $2.7M |
| Di Piazza Samuel A Jr. | Mar 3, 2025 | Buy | 17,346 | $11.41 | $200,000 |
| David Zaslav | Dec 16, 2024 | Sell | 2,564,000 | $11.73 | $30M |
| Savalle Sims | Dec 13, 2024 | Sell | 145,733 | $12.36 | $1.8M |
| Savalle Sims | Dec 13, 2024 | Sell | 23,703 | $12.34 | $290,000 |
| Gerhard Zeiler | Nov 11, 2024 | Buy | 58,000 | $9.24 | $540,000 |
Frequently Asked Questions: Warner Bros. Discovery Insider Trading
In the past 90 days, Warner Bros. Discovery insiders have made 0 buys and 13 sells. The net selling may indicate insiders are taking profits or reducing exposure.
The most recent sale was by Jean-Briac Perrette who sold 126,707 shares on August 27, 2026. View all transactions in the table on this page.
Insider buying is generally a stronger signal than insider selling, since insiders may sell for personal reasons (diversification, taxes) but typically buy only when they believe the stock is undervalued. AltIndex uses insider transaction patterns alongside 25+ other signals in the AI Score.
LEVY ANTON J has bought the most WBD stock in the last 2 years, with a total value of $3.6M.
Zaslav David has sold the most WBD stock in the last 2 years, with a total value of $230M.
The total value of insider transactions for Warner Bros. Discovery in the last 2 years is negative, amounting to -$420M. This suggests that insiders have predominantly sold shares, which could reflect various personal or financial considerations rather than a straightforward outlook on the company's future performance.
