Debra L. Dial - 08 Apr 2022 Form 4 Insider Report for Magallanes, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Apr 2022, 20:00:50 UTC
Prior SEC filing
28 Mar 2022
Next SEC filing
18 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Debra L. Dial

Key filing fact

Debra L. Dial filed Form 4 for Magallanes, Inc. on 12 Apr 2022.

Key facts

  • This page summarizes Debra L. Dial's Form 4 filing for Magallanes, Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Apr 2022, 20:00.

Change

  • Previous filing in this sequence was filed on 28 Mar 2022.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-37,863
Change %
-100%
Price
Shares after
0
Date
08 Apr 2022
Ownership
Direct
Footnotes
F1, F2
No ticker transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-9,276
Change %
-100%
Price
Shares after
0
Date
08 Apr 2022
Ownership
By 401(k)
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Debra L. Dial is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Represents 47,139.41 shares of the Issuer's common stock acquired by the Reporting Person in a pro rata distribution by AT&T Inc. ("AT&T") to holders of its common stock for no consideration, which occurred on April 8, 2022 in a transaction exempt under Rules 16a-9 and 16b-3 of the Securities Exchange Act of 1934, as amended (the "Distribution").

Footnote F2

Following the Distribution, each share of the Issuer's common stock was disposed of pursuant to the Agreement and Plan of Merger between AT&T, the Issuer, Discovery, Inc. (renamed Warner Bros. Discovery, Inc. ("WBD") in connection with the merger) and Drake Subsidiary, Inc., in exchange for 11,403 shares of WBD common stock, in the aggregate, having a market value of $24.78 per share on April 11, 2022.

SEC remarks

Senior Vice President, Controller and Chief Accounting Officer

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .