Key facts
- This page summarizes Max Lousada's Form 4 filing for Warner Music Group Corp. (WMG).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 13 Sep 2024, 17:35.
Max Lousada - 11 Sep 2024 Form 4 Insider Report for Warner Music Group Corp. (WMG)
- Reporting relationship
- CEO, Recorded Music
- Issuer ticker
- WMG
- Reported as of
- 11 Sep 2024
- Net transaction value
- -$7,044,101
- SEC form
- 4
- Accepted by SEC
- 13 Sep 2024, 17:35:52 UTC
- Prior SEC filing
- 10 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Trent N. Tappe, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Max Lousada filed Form 4 for Warner Music Group Corp. (WMG) on 13 Sep 2024.
Change
- Previous filing in this sequence was filed on 10 Sep 2024.
- Current net transaction value: -$7,044,101.
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.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WMG
transaction
Class A Common Stock
Sale
- Transaction value
- $7,044,101
- Shares
- -250,769
- Change %
- -11%
- Price
- $28.09
- Shares after
- 2,039,002
- Date
- 11 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.75 to $28.23, inclusive. The reporting person undertakes to provide to Warner Music Group Corp. ("WMG"), any security holder of WMG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Footnote F2
Includes restricted stock units.
Footnote F3
Includes 1,738,018 vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan. These Deferred Equity Units will be settled for shares of the Issuer's Class A Common Stock on a one-for-one basis by no later than December 31, 2025. Upon such settlement, the corresponding Deferred Equity Units will be cancelled.