undamentalytics Newsletter

Warner Music Group Corp. insider trading

Every open-market purchase and sale by Warner Music Group Corp.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Warner Music Group Corp. insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Warner Music Group Corp.’s insiders pay?

From May 27, 2011 to December 12, 2025, 20 insiders reported 2 open-market purchases and 41 sales not made under a pre-set plan in Warner Music Group Corp. After sales, the shares moved −13.2% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on December 5, 2025 into $11,038 by November 2, 2026, +11.6% a year. It held shares 100% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $11,151 (+12.9% a year), and held throughout $11,151 (+12.9%).

$0$5.0k$10.0k 20252026 $11.2k$11.2k$11.0k
Copying Warner Music Group Corp.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Warner Music Group Corp.'s insiders from December 5, 2025, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 100% of the time.
Warner Music Group Corp.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Benet Lincoln E Director 0 — — 11 −8.4% (11) December 23, 2024
Lousada Max CEO, Recorded Music 0 — — 6 −11.7% (6) September 13, 2024
Bronfman Edgar Jr Chairman & CEO 0 — — 4 — June 14, 2011
Access Industries Management, LLC Director 0 — — 3 −21.2% (3) September 28, 2021
Altep 2012 L.P. Director 0 — — 2 −6.3% (2) December 10, 2021
Blavatnik Valentin Director 1 — — 1 −39.9% (1) December 4, 2025
Matusch Timothy EVP Strategy & Operations 0 — — 2 −31.7% (2) April 4, 2025
Ai Entertainment Holdings LLC Director 0 — — 1 −19.3% (1) June 5, 2020
Blavatnik Len Director 0 — — 1 +11.6% (1) January 7, 2022
Bressler Richard J Director 0 — — 1 — July 22, 2011
Cohen Lyor CEO, Rec Music - North Am 0 — — 1 — June 17, 2011
Cooper Stephen Forbes CEO 0 — — 1 −3.4% (1) December 10, 2020
Jaeckel Scott L Director 0 — — 1 — July 22, 2011
Johnson David H Chairman, Warner/Chappell 0 — — 1 — May 27, 2011
Lawry Seth W Director 0 — — 1 — July 22, 2011
Lee Thomas H Director 0 — — 1 — July 22, 2011
Lee Thomas H Equity Fund V LP 10% owner 0 — — 1 — July 22, 2011
Osherova Maria EVP, Chief Human Res. Officer 0 — — 1 −29.3% (1) February 14, 2025
Sperling Scott M Director 0 — — 1 — July 22, 2011
Zerza Armin Chief Financial Officer 1 — — 0 — December 12, 2025

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Warner Music Group Corp.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Warner Music Group Corp. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged −20.3% against the index. After 1 selling crowd, −9.0%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
December 31, 20252 buying−10.8%−20.3%not yet
February 28, 20254 selling−20.9%−9.0%−29.3%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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