Fazal F. Merchant, Director at Warner Bros. Discovery, Inc. (WBD), sold 35,000 shares at $27.48 ($962K) on 2026-03-16, disclosed to the SEC on 2026-03-16.
Open-market sale of $962k WBD by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| Filing → |
| RHP | SELL | 2023-09-20 | $245K | — | Filing → |
| RHP | SELL | 2022-08-16 | $216K | — | Filing → |
| WBD | BUY | 2022-08-09 | $495K | — | Filing → |