Fazal F Merchant insider trades: Warner Bros. Discovery (WBD) stock buys and sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Fazal reports to the SEC
Open-market buys and sales
7 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026 | WBD | ↓ Sell | 71,539 | $27.75 | $2.0M | Direct | Aug 14, 2026 (1d) |
| Mar 16, 2026 | WBD | ↓ Sell | 35,000 | $27.48 | $962K | Direct | Mar 16, 2026 (0d) |
| Nov 13, 2024 | RHP | ↓ Sell | 1,269 | $113.98 | $145K | Direct | Nov 13, 2024 (0d) |
| Sep 20, 2023 | RHP | ↓ Sell | 1,431 | $85.71 | $123K | Direct | Sep 20, 2023 (0d) |
| Aug 16, 2022 | RHP | ↓ Sell | 2,300 | $93.82 | $216K | Direct | Aug 16, 2022 (0d) |
| Aug 8, 2022 | WBD | ↑ Buy | 35,000 | $14.13 | $495K | Direct | Aug 9, 2022 (1d) |
| Mar 16, 2021 | RHP | ↓ Sell | 1,337 | $83.41 | $112K | Direct | Mar 16, 2021 (0d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
Other WBD insiders
Open-market trades in the last 12 months
About Fazal F Merchant's insider trades
Fazal F Merchant is a director at Warner Bros. Discovery (WBD). Since Mar 16, 2021, Fazal has reported 1 open-market purchase worth $495K and 6 sales worth $3.5M on SEC Form 4. In the last 12 months: 2 sales ($2.9M).
Their filings also include grants and awards (31 filings), option exercises (8 filings), shares returned to the company (3 filings), other transactions (3 filings). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every WBD insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.