Key facts
- This page summarizes AI Entertainment Holdings LLC's Form 4 filing for Warner Music Group Corp. (WMG).
- 7 reported transactions and 7 derivative rows are listed below.
- Accepted by SEC: 23 Dec 2024, 16:05.
AI Entertainment Holdings LLC - 19 Dec 2024 Form 4 Insider Report for Warner Music Group Corp. (WMG)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- WMG
- Reported as of
- 19 Dec 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Dec 2024, 16:05:04 UTC
- Prior SEC filing
- 16 Mar 2023
- Next SEC filing
- 20 Apr 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Alejandro Moreno for AI Entertainment Holdings LLC
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
AI Entertainment Holdings LLC filed Form 4 for Warner Music Group Corp. (WMG) on 23 Dec 2024.
Change
- Previous filing in this sequence was filed on 16 Mar 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- -1,626,518
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Dec 2024
- Ownership
- By LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,626,518
- Exercise price
- Footnotes
- F1, F2, F3, F4
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- +1,626,518
- Change %
- +31%
- Price
- Shares after
- 6,927,734
- Date
- 19 Dec 2024
- Ownership
- By LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,626,518
- Exercise price
- Footnotes
- F1, F2, F5
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- -6,927,734
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Dec 2024
- Ownership
- By LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,927,734
- Exercise price
- Footnotes
- F1, F5, F6
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- +6,898,638
- Change %
- +2.9%
- Price
- Shares after
- 247,600,227
- Date
- 19 Dec 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,898,638
- Exercise price
- Footnotes
- F1, F6, F7
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- +29,096
- Change %
- Price
- Shares after
- 29,096
- Date
- 19 Dec 2024
- Ownership
- By corporation
- Underlying class
- Class A Common Stock
- Underlying amount
- 29,096
- Exercise price
- Footnotes
- F1, F6, F8
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- -487,929
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Dec 2024
- Ownership
- By partnership
- Underlying class
- Class A Common Stock
- Underlying amount
- 487,929
- Exercise price
- Footnotes
- F1, F9, F10
WMG
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- Shares
- +487,929
- Change %
- +1677%
- Price
- Shares after
- 517,025
- Date
- 19 Dec 2024
- Ownership
- By corporation
- Underlying class
- Class A Common Stock
- Underlying amount
- 487,929
- Exercise price
- Footnotes
- F1, F8, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
Footnote F2
On December 19, 2024, WMG Management Holdings, LLC ("Management Holdings") made a pro rata distribution for no consideration of an aggregate of 1,626,518 shares of Class B Common Stock to AI Entertainment Management, LLC ("AIEM"). As a result of such distribution, Management Holdings no longer beneficially owns any securities of the Issuer and shall cease to be a reporting person immediately following the filing of this Form.
Footnote F3
The securities reported are held directly by Management Holdings and may be deemed to be beneficially owned by AIEM, AI Entertainment Holdings LLC ("AIEH"), AIPH Holdings LLC ("AIPH"), Access Industries Holdings LLC ("AIH"), Access Industries, LLC ("AI"), Access Industries Management, LLC ("AIM") and Mr. Blavatnik because AIEM controls a majority of the outstanding voting interests in Management Holdings, AIEH controls a majority of the outstanding voting interests in AIEM, AIPH is the parent of AIEH, AIH controls a majority of the outstanding voting interests in AIPH, AI controls a majority of the outstanding voting interests in AIH, AIM controls AI and AIH and Mr. Blavatnik is the controlling person of AIM and controls a majority of the outstanding voting interests in AI.
Footnote F4
Each of the reporting persons (other than Management Holdings) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
Footnote F5
The securities reported are held directly by AIEM and may be deemed to be beneficially owned by AIEH, AIPH, AIH, AI, AIM and Mr. Blavatnik because AIEH controls a majority of the outstanding voting interests in AIEM, AIPH is the parent of AIEH, AIH controls a majority of the outstanding voting interests in AIPH, AI controls a majority of the outstanding voting interests in AIH, AIM controls AI and AIH and Mr. Blavatnik is the controlling person of AIM and controls a majority of the outstanding voting interests in AI. Each of the reporting persons (other than AIEM) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
Footnote F6
On December 19, 2024, AIEM made a pro rata distribution for no consideration of (a) an aggregate of 6,898,638 shares of Class B Common Stock to AIEH and (b) an aggregate of 29,096 shares of Class B Common Stock to AIBFF, Inc. (formerly known as AI Altep Holdings, Inc.) ("AIBFF"). As a result of such distribution, AIEM no longer beneficially owns any securities of the Issuer and shall cease to be a reporting person immediately following the filing of this Form.
Footnote F7
The securities reported are held directly by AIEH and may be deemed to be beneficially owned by AIPH, AIH, AI, AIM and Mr. Blavatnik because AIPH is the parent of AIEH, AIH controls a majority of the outstanding voting interests in AIPH, AI controls a majority of the outstanding voting interests in AIH, AIM controls AI and AIH and Mr. Blavatnik is the controlling person of AIM and controls a majority of the outstanding voting interests in AI. Each of the reporting persons (other than AIEH) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
Footnote F8
The securities reported are held directly by AIBFF and may be deemed to be beneficially owned by Mr. Blavatnik because Mr. Blavatnik controls AIBFF. Each of the reporting persons (other than AIBFF) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
Footnote F9
On December 19, 2024, Altep 2012 L.P. ("Altep 2012") made a pro rata distribution for no consideration of an aggregate of 487,929 shares of Class B Common Stock to AIBFF. As a result of such distribution, Altep 2012 no longer beneficially owns any securities of the Issuer and shall cease to be a reporting person immediately following the filing of this Form.
Footnote F10
The securities reported are held directly by Altep 2012 and may be deemed to be beneficially owned by AIBFF and Mr. Blavatnik because AIBFF is the general partner of Altep 2012 and Mr. Blavatnik controls AIBFF. Each of the reporting persons (other than Altep 2012) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.