Key facts
- This page summarizes Gerhard Zeiler's Form 4 filing for Warner Bros. Discovery, Inc. (WBD).
- 10 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 12 Aug 2026, 18:12.
Gerhard Zeiler - 10 Aug 2026 Form 4 Insider Report for Warner Bros. Discovery, Inc. (WBD)
- Reporting relationship
- President, International
- Issuer ticker
- WBD
- Reported as of
- 10 Aug 2026
- Net transaction value
- -$15,987,863
- SEC form
- 4
- Accepted by SEC
- 12 Aug 2026, 18:12:29 UTC
- Prior SEC filing
- 10 Mar 2026
- Source filing
- View source filing
- Reporting owner signature
- Tara L. Smith, by power of attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Gerhard Zeiler filed Form 4 for Warner Bros. Discovery, Inc. (WBD) on 12 Aug 2026.
Change
- Previous filing in this sequence was filed on 10 Mar 2026.
- Current net transaction value: -$15,987,863.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001605503
Primary reporting owner
Zeiler Gerhard
- Relationship
- President, International
- Address
- 230 PARK AVENUE SOUTH, NEW YORK
- Signature
- Tara L. Smith, by power of attorney
- Signature date
- 12 Aug 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WBD
transaction
Series A Common Stock
Sale
- Transaction value
- $2,706,000
- Shares
- -100,000
- Change %
- -16%
- Price
- $27.06
- Shares after
- 537,436
- Date
- 10 Aug 2026
- Ownership
- Direct
- Footnotes
- F1
WBD
transaction
Series A Common Stock
Options Exercise
- Transaction value
- Shares
- +201,656
- Change %
- +38%
- Price
- $15.02*
- Shares after
- 739,092
- Date
- 10 Aug 2026
- Ownership
- Direct
WBD
transaction
Series A Common Stock
Sale
- Transaction value
- $5,458,828
- Shares
- -201,656
- Change %
- -27%
- Price
- $27.07
- Shares after
- 537,436
- Date
- 10 Aug 2026
- Ownership
- Direct
- Footnotes
- F2
WBD
transaction
Series A Common Stock
Options Exercise
- Transaction value
- Shares
- +196,691
- Change %
- +37%
- Price
- $8.67*
- Shares after
- 734,127
- Date
- 10 Aug 2026
- Ownership
- Direct
WBD
transaction
Series A Common Stock
Sale
- Transaction value
- $5,318,525
- Shares
- -196,691
- Change %
- -27%
- Price
- $27.04
- Shares after
- 537,436
- Date
- 10 Aug 2026
- Ownership
- Direct
- Footnotes
- F3
WBD
transaction
Series A Common Stock
Options Exercise
- Transaction value
- Shares
- +92,691
- Change %
- +17%
- Price
- $11.02*
- Shares after
- 630,127
- Date
- 10 Aug 2026
- Ownership
- Direct
WBD
transaction
Series A Common Stock
Sale
- Transaction value
- $2,504,511
- Shares
- -92,691
- Change %
- -15%
- Price
- $27.02
- Shares after
- 537,436
- Date
- 10 Aug 2026
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WBD
transaction
Derivative
Employee Stock Option (right to acquire)
Options Exercise
- Transaction value
- Shares
- -201,656
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 10 Aug 2026
- Ownership
- Direct
- Underlying class
- Series A Common Stock
- Underlying amount
- 201,656
- Exercise price
- $15.02
- Footnotes
- F5
WBD
transaction
Derivative
Employee Stock Option (right to acquire)
Options Exercise
- Transaction value
- Shares
- -196,691
- Change %
- -66%
- Price
- $0.000000*
- Shares after
- 101,326
- Date
- 10 Aug 2026
- Ownership
- Direct
- Underlying class
- Series A Common Stock
- Underlying amount
- 196,691
- Exercise price
- $8.67
- Footnotes
- F6
WBD
transaction
Derivative
Employee Stock Option
Options Exercise
- Transaction value
- Shares
- -92,691
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 188,193
- Date
- 10 Aug 2026
- Ownership
- Direct
- Underlying class
- Series A Common Stock
- Underlying amount
- 92,691
- Exercise price
- $11.02
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote 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.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote F5
This option vests in three installments (33%, 33%, 34%) beginning on March 1, 2024.
Footnote F6
This option vests in three installments (33%, 33%, 34%) beginning on March 1, 2025.
Footnote F7
This option vests in three installments (33%, 33%, 34%) beginning on March 3, 2026.