WBD Congressional Stock Trades & Insider Buying (2026)

WBD insider buying and selling over the past year

Insiders at Warner Bros. Discovery, Inc. only sold stock in the open market over the past year: 18 Form 4 sales totaling $265.36M, against no open-market purchases.

Only 6 of the 18 sales were flagged as Rule 10b5-1 plan trades, so most selling was discretionary rather than pre-scheduled. Activity clustered in 2026-03 (12 trades) and 2025-12 (4 trades); the latest filing in this window is dated 2026-03-16. The average open-market sale price was $27.95; the last close of $30.95 is 10.7% above that level, so sellers left upside on the table. The single largest trade was a sale of 4,004,149 shares worth $113.16M on 2026-03-03. Since the most recent filing the stock has moved +12.5%, from $27.51.

Where WBD trades relative to its one-year range

Warner Bros. Discovery, Inc. closed at $30.95 on 2026-10-06, inside a one-year range of $17.10 to $30.95. That puts the stock near the top of its range, at 100.0% of the distance from low to high. Over one year the share price moved +62.2%, and over roughly three months +18.5%. Average daily volume over the last month was about 47,826,016 shares.

Across 38 companies in the same SEC industry group (SIC 48) with a full year of prices in Gemral Edge, the median one-year return was -9.5%. WBD is ahead of that median and beat 92% of that peer group on this measure.

Members of Congress who traded WBD

STOCK Act disclosures show 33 trades in WBD by 15 members of Congress over five years (11 purchases, 19 sales), most recently on 2026-09-25. The most active traders were Ro Khanna (D-CA), 9 trades; August Pfluger (R-TX), 3 trades; Gilbert Ray Cisneros, Jr. (D-CA), 3 trades; Julia Letlow (R-LA), 3 trades; Pete Sessions (R-TX), 3 trades.

By party the trades split 19 by Republicans, 14 by Democrats; by chamber, 32 from the House, 1 from the Senate.

Compare WBD with indexed peers from the same industry group

These peers have full Gemral Edge dossiers and the closest one-year price move to WBD:

• VZ one-year return +11.0%
• T one-year return -10.5%
• CMCSA one-year return -20.1%
• SPOT one-year return -20.2%
• TMUS one-year return -29.7%

Sources and method

Every figure above is computed from public filings stored in Gemral Edge, not estimated. Insider figures count only open-market purchases and sales reported on SEC Form 4; option exercises, grants and gifts are excluded because they do not reflect a decision to buy or sell at market prices.

• SEC EDGAR Form 4 (edge_insider_trades, codes P/S open-market only) — as of 2026-03-16
• edge_prices_eod (end-of-day close) — as of 2026-10-06
• House PTR / Senate eFD disclosures (edge_congress_trades) — as of 2026-09-25

WBD data questions

Are WBD insiders buying or selling stock?

Insiders at Warner Bros. Discovery, Inc. only sold stock in the open market over the past year: 18 Form 4 sales totaling $265.36M, against no open-market purchases.

What is the one-year price range for WBD?

Based on end-of-day closes through 2026-10-06, WBD traded between $17.10 and $30.95, last closing at $30.95.

Has any member of Congress traded WBD stock?

Yes. 15 members disclosed 33 trades in WBD over five years; the most recent disclosed trade date is 2026-09-25.