WBDWarner Bros. Discovery, Inc.Communication Services · Entertainmentas of 2026-09-16
Horizon

Issued 2026-09-16 at $28.07 · now $28.07 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, WBD has typically landed between $22.61 and $34.82 — a range of −19.5% to +24.1% from the issuance price $28.07.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

4,685 overlapping 1 month windows · 2008-01-022026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($28.07) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where WBD has typically landed a month from the 2026-09-16 close of $28.07 — the range is history, not a prediction.

$22.61worst · -19.5%$34.82best · +24.1%
  • now $28.07 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $27.79 (-1.0%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $25.43$30.15
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $22.61$34.82
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 4,685 windows spanning 2008-01-02 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2021-03-19−54.1%−54.1%+0.0%
2021-03-18−52.1%−52.1%+1.7%
2021-03-16−50.1%−50.1%+1.9%
3 best
2025-08-21+69.2%+0.0%+69.2%
2025-08-29+67.8%−0.2%+70.3%
2025-08-26+67.6%−1.5%+68.0%

4,685 overlapping windows · 2008-01-022026-09-16 · not cherry-picked

Fundamentals iCompany financials — revenue, earnings, margins — from the newest filings shown, each carried with its date.iAs-reported figures and standard ratios from FMP, as of 2026-07-25. Revenue, net income and free cash flow can toggle annual or quarterly; margin, ROE and debt-to-equity are shown by fiscal year. We report the figures and the trend — no target price and no over/under-valued call. More on /methodology.

$64.6B
market cap
$-0.70
EPS (TTM)
P/E (TTM)
2026-08-06
next earnings
Revenue$37.3B
'20'25
Net income$727M
'20'25
Free cash flow$3.1B
'20'25
Net margin · by yr1.9%
'20'25
ROE · by yr2.0%
'20'25
Debt / equity · by yr0.91
'20'25

Fair value — three views iIndependent reference estimates of worth (a cash-flow model, peer multiples, analyst targets), shown as separate views — not a single verdict.

iThree independent estimates of per-share value, each by a different method and each with its own assumptions: a discounted-cash-flow intrinsic value, a peer comparable (the median trailing P/E of sector peers times this company's trailing EPS), and the analyst price-target consensus. They routinely disagree — that gap is the point. We show the three marks and the current price; we do not blend them into a single number or call the stock over- or under-valued. Marks as of the latest capture. More on /methodology.
now $28.07$14.62$209.67
  • DCF (intrinsic)$196.22
  • Analyst target · range $31.00$31.00$31.00
  • Current price · last close 2026-09-16$28.07

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~19 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
56%
+5.4%
n=18
Feb
74%
+3.3%
n=19
Mar
32%
−3.2%
n=19
Apr
53%
+0.3%
n=19
May
47%
−0.5%
n=19
Jun
32%
−0.8%
n=19
Jul
42%
+2.4%
n=19
Aug
47%
−1.9%
n=19
Sep
42%
+1.5%
n=19
Oct
44%
+0.6%
n=18
Nov
61%
+5.6%
n=18
Dec
56%
+0.5%
n=18

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$30$112026-09-14: 1 insider sale, $819K — Locke Lori C.2026-09-11: 1 insider sale, $188K — FISHER RICHARD W2026-09-10: 1 insider sale, $5.6M — LOWE KENNETH W2026-09-09: 1 insider sale, $7.3M — Girdwood Amy2026-09-03: 2 insider sales, $15.3M — LEVY ANTON J, LOWE KENNETH W2026-08-27: 1 insider sale, $3.7M — Perrette Jean-Briac2026-08-14: 1 insider sale, $5.5M — Zaslav David2026-08-13: 3 insider sales, $23.6M — Zaslav David, Merchant Fazal F …2026-08-12: 1 insider sale, $549K — FISHER RICHARD W2026-08-11: 1 insider sale, $3.2M — LOWE KENNETH W2026-08-10: 4 insider sales, $16.0M — Zeiler Gerhard …2026-07-13: 2 insider sales, $59.5M — Zaslav David …2026-03-16: 3 insider sales, $35.4M — Perrette Jean-Briac, GOULD PAUL A, Merchant Fazal F2026-03-10: 2 insider sales, $2.7M — Aiyar Priya …2026-03-09: 1 insider sale, $1.2M — Campbell Bruce2026-03-04: 13 insider sales, $73.1M — Campbell Bruce, Zeiler Gerhard, Wiedenfels Gunnar …2026-03-03: 5 insider sales, $139.5M — Zaslav David, Wiedenfels Gunnar, Aiyar Priya, Girdwood Amy …2025-12-10: 3 insider sales, $7.3M — Wiedenfels Gunnar, Locke Lori C. …2025-12-09: 1 insider sale, $137K — Locke Lori C.2025-12-08: 1 insider sale, $138K — Locke Lori C.2025-12-05: 1 insider sale, $127K — Locke Lori C.2025-12-04: 1 insider sale, $121K — Locke Lori C.2025-12-03: 1 insider sale, $121K — Locke Lori C.2025-12-02: 1 insider sale, $121K — Locke Lori C.2025-12-01: 1 insider sale, $119K — Locke Lori C.2025-11-28: 1 insider sale, $119K — Locke Lori C.2025-11-26: 1 insider sale, $116K — Locke Lori C.2025-10-31: 1 insider sale, $5.0M — Wiedenfels Gunnar2025-09-15: 3 insider sales, $10.4M — Wiedenfels Gunnar …2025-09-12: 1 insider sale, $2.7M — Campbell Bruce2025-09-11: 2 insider sales, $4.8M — Campbell Bruce …2025-08-12: 1 insider purchase, $825K — LEVY ANTON J2025-08: 2 open-market purchases, $3.5M2025-09: 6 open-market sales, $17.8M2025-10: 1 open-market sale, $5.0M2025-11: 2 open-market sales, $235K2025-12: 10 open-market sales, $8.2M2026-03: 24 open-market sales, $252.0M2026-07: 2 open-market sales, $59.5M2026-08: 11 open-market sales, $52.5M2026-09: 6 open-market sales, $29.3M↑ buys↓ salesofficer Locke Lori C. — Sale on 2026-09-14, filed 2 days after the tradedirector FISHER RICHARD W — Sale on 2026-09-11, filed 3 days after the tradedirector LOWE KENNETH W — Sale on 2026-09-10, filed 1 day after the tradeofficer Girdwood Amy — Sale on 2026-09-09, filed 1 day after the tradedirector LEVY ANTON J — Sale on 2026-09-03, filed 5 days after the tradedirector LOWE KENNETH W — Sale on 2026-09-03, filed 1 day after the tradeofficer Perrette Jean-Briac — Sale on 2026-08-27, filed 4 days after the tradedirector Zaslav David — Sale on 2026-08-14, filed same daydirector Zaslav David — Sale on 2026-08-13, filed 1 day after the tradedirector Zaslav David — Sale on 2026-08-13, filed 1 day after the tradedirector Merchant Fazal F — Sale on 2026-08-13, filed 1 day after the tradedirector FISHER RICHARD W — Sale on 2026-08-12, filed 2 days after the tradedirector LOWE KENNETH W — Sale on 2026-08-11, filed 1 day after the tradeofficer Zeiler Gerhard — Sale on 2026-08-10, filed 2 days after the tradeofficer Zeiler Gerhard — Sale on 2026-08-10, filed 2 days after the tradeofficer Zeiler Gerhard — Sale on 2026-08-10, filed 2 days after the tradeofficer Zeiler Gerhard — Sale on 2026-08-10, filed 2 days after the tradedirector Zaslav David — Sale on 2026-07-13, filed 2 days after the tradedirector Zaslav David — Sale on 2026-07-13, filed 2 days after the tradeofficer Perrette Jean-Briac — Sale on 2026-03-16, filed 2 days after the tradedirector GOULD PAUL A — Sale on 2026-03-16, filed same daydirector Merchant Fazal F — Sale on 2026-03-16, filed same dayofficer Aiyar Priya — Sale on 2026-03-10, filed same dayofficer Aiyar Priya — Sale on 2026-03-10, filed same dayofficer Campbell Bruce — Sale on 2026-03-09, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Zeiler Gerhard — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Wiedenfels Gunnar — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Wiedenfels Gunnar — Sale on 2026-03-04, filed 1 day after the tradeofficer Wiedenfels Gunnar — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Wiedenfels Gunnar — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2026-03-04, filed 1 day after the tradedirector Zaslav David — Sale on 2026-03-03, filed 2 days after the tradeofficer Wiedenfels Gunnar — Sale on 2026-03-03, filed 2 days after the tradeofficer Aiyar Priya — Sale on 2026-03-03, filed 2 days after the tradeofficer Girdwood Amy — Sale on 2026-03-03, filed 2 days after the tradedirector FISHER RICHARD W — Sale on 2026-03-03, filed 2 days after the tradeofficer Wiedenfels Gunnar — Sale on 2025-12-10, filed 2 days after the tradeofficer Wiedenfels Gunnar — Sale on 2025-12-10, filed 2 days after the tradeofficer Locke Lori C. — Sale on 2025-12-10, filed same dayofficer Locke Lori C. — Sale on 2025-12-09, filed 1 day after the tradeofficer Locke Lori C. — Sale on 2025-12-08, filed 2 days after the tradeofficer Locke Lori C. — Sale on 2025-12-05, filed same dayofficer Locke Lori C. — Sale on 2025-12-04, filed 1 day after the tradeofficer Locke Lori C. — Sale on 2025-12-03, filed same dayofficer Locke Lori C. — Sale on 2025-12-02, filed 1 day after the tradeofficer Locke Lori C. — Sale on 2025-12-01, filed 2 days after the tradeofficer Locke Lori C. — Sale on 2025-11-28, filed same dayofficer Locke Lori C. — Sale on 2025-11-26, filed 2 days after the tradeofficer Wiedenfels Gunnar — Sale on 2025-10-31, filed 3 days after the tradeofficer Wiedenfels Gunnar — Sale on 2025-09-15, filed 1 day after the tradeofficer Wiedenfels Gunnar — Sale on 2025-09-15, filed 1 day after the tradeofficer Wiedenfels Gunnar — Sale on 2025-09-15, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2025-09-12, filed same dayofficer Campbell Bruce — Sale on 2025-09-11, filed 1 day after the tradeofficer Campbell Bruce — Sale on 2025-09-11, filed 1 day after the tradedirector LEVY ANTON J — Purchase on 2025-08-12, filed 1 day after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-14Locke Lori C.officerSale29,115 @ $28.13$819K−25.1% of holdingnot yet — horizon still opennot yet — horizon still open86,906Form 4 · filed 2 days after the trade
2026-09-11FISHER RICHARD WdirectorSale6,700 @ $28.06$188K−11.3% of holdingnot yet — horizon still opennot yet — horizon still open52,846Form 4 · filed 3 days after the trade
2026-09-10LOWE KENNETH WdirectorSale200,000 @ $28.23$5.6M−25.3% of holdingnot yet — horizon still opennot yet — horizon still open590,108Form 4 · filed 1 day after the trade
2026-09-09Girdwood AmyofficerSale262,285 @ $27.98$7.3M−32.7% of holdingnot yet — horizon still opennot yet — horizon still open539,374Form 4 · filed 1 day after the trade
2026-09-03LEVY ANTON JdirectorSale340,000 @ $28.39$9.7M−35.5% of holdingnot yet — horizon still opennot yet — horizon still open618,067Form 4 · filed 5 days after the trade
2026-09-03LOWE KENNETH WdirectorSale200,000 @ $28.35$5.7M−20.2% of holdingnot yet — horizon still opennot yet — horizon still open790,108Form 4 · filed 1 day after the trade
2026-08-27Perrette Jean-BriacofficerSale126,707 @ $28.96$3.7M−10.8% of holdingnot yet — horizon still opennot yet — horizon still open1,047,016Form 4 · filed 4 days after the trade
2026-08-14Zaslav DaviddirectorSale194,999 @ $28.02$5.5M−2.8% of holding+2.6%not yet — horizon still open6,807,934Form 4 · filed same day
2026-08-13Zaslav DaviddirectorSale678,267 @ $28.01$19.0M−9.1% of holding+3.4%not yet — horizon still open6,807,934Form 4 · filed 1 day after the trade
2026-08-13Zaslav DaviddirectorSale94,906 @ $28.00$2.7M−1.4% of holding+3.4%not yet — horizon still open6,807,934Form 4 · filed 1 day after the trade
2026-08-13Merchant Fazal FdirectorSale71,539 @ $27.75$2.0M−68.4% of holding+3.4%not yet — horizon still open33,067Form 4 · filed 1 day after the trade
2026-08-12FISHER RICHARD WdirectorSale20,000 @ $27.46$549K−25.1% of holding+2.5%not yet — horizon still open59,546Form 4 · filed 2 days after the trade
2026-08-11LOWE KENNETH WdirectorSale120,000 @ $26.97$3.2M−10.8% of holding+5.8%not yet — horizon still open990,108Form 4 · filed 1 day after the trade
2026-08-10Zeiler GerhardofficerSale201,656 @ $27.07$5.5M−27.3% of holding+5.2%not yet — horizon still open537,436Form 4 · filed 2 days after the trade
2026-08-10Zeiler GerhardofficerSale196,691 @ $27.04$5.3M−26.8% of holding+5.2%not yet — horizon still open537,436Form 4 · filed 2 days after the trade
2026-08-10Zeiler GerhardofficerSale100,000 @ $27.06$2.7M−15.7% of holding+5.2%not yet — horizon still open537,436Form 4 · filed 2 days after the trade
2026-08-10Zeiler GerhardofficerSale92,691 @ $27.02$2.5M−14.7% of holding+5.2%not yet — horizon still open537,436Form 4 · filed 2 days after the trade
2026-07-13Zaslav DaviddirectorSale2,089,876 @ $27.22$56.9M−23.0% of holding−2.9%not yet — horizon still open6,997,746Form 4 · filed 2 days after the trade
2026-07-13Zaslav DaviddirectorSale94,906 @ $27.22$2.6M−1.4% of holding−2.9%not yet — horizon still open6,902,840Form 4 · filed 2 days after the trade
2026-03-16Perrette Jean-BriacofficerSale659,120 @ $27.42$18.1M−36.0% of holding−6.0%−11.9%1,173,723Form 4 · filed 2 days after the trade
2026-03-16GOULD PAUL AdirectorSale600,000 @ $27.35$16.4M−71.1% of holding−6.0%−11.9%244,357Form 4 · filed same day
2026-03-16Merchant Fazal FdirectorSale35,000 @ $27.48$962K−26.8% of holding−6.0%−11.9%95,539Form 4 · filed same day
2026-03-10Aiyar PriyaofficerSale77,243 @ $27.85$2.2M−7.9% of holding−1.5%−12.6%897,844Form 4 · filed same day
2026-03-10Aiyar PriyaofficerSale21,408 @ $27.85$596K−2.3% of holding−1.5%−12.6%897,844Form 4 · filed same day
2026-03-09Campbell BruceofficerSale41,784 @ $27.82$1.2M−6.5% of holding−0.7%−12.2%604,666Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale825,222 @ $28.00$23.1M−54.5% of holding+1.8%−10.7%690,028Form 4 · filed 1 day after the trade
2026-03-04Zeiler GerhardofficerSale600,000 @ $28.02$16.8M−47.1% of holding+1.8%−10.7%672,649Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale285,679 @ $28.00$8.0M−19.0% of holding+1.8%−10.7%1,215,250Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale183,346 @ $28.00$5.1M−13.1% of holding+1.8%−10.7%1,215,250Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale139,323 @ $28.00$3.9M−10.3% of holding+1.8%−10.7%1,215,250Form 4 · filed 1 day after the trade
2026-03-04Wiedenfels GunnarofficerSale131,127 @ $28.05$3.7M−15.9% of holding+1.8%−10.7%691,570Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale131,313 @ $28.00$3.7M−9.8% of holding+1.8%−10.7%1,215,250Form 4 · filed 1 day after the trade
2026-03-04Wiedenfels GunnarofficerSale123,588 @ $28.05$3.5M−15.2% of holding+1.8%−10.7%691,570Form 4 · filed 1 day after the trade
2026-03-04Wiedenfels GunnarofficerSale91,418 @ $28.05$2.6M−11.7% of holding+1.8%−10.7%691,570Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale53,795 @ $28.00$1.5M−100.0% of holding+1.8%−10.7%0Form 4 · filed 1 day after the trade
2026-03-04Wiedenfels GunnarofficerSale28,190 @ $28.05$791K−4.1% of holding+1.8%−10.7%663,380Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale15,448 @ $28.00$433K−1.3% of holding+1.8%−10.7%1,215,250Form 4 · filed 1 day after the trade
2026-03-04Campbell BruceofficerSale1,323 @ $28.00$37K−100.0% of holding+1.8%−10.7%0Form 4 · filed 1 day after the trade
2026-03-03Zaslav DaviddirectorSale4,004,149 @ $28.26$113.2M−35.7% of holding+0.9%−12.1%7,200,627Form 4 · filed 2 days after the trade
2026-03-03Wiedenfels GunnarofficerSale617,580 @ $28.25$17.4M−47.2% of holding+0.9%−12.1%691,570Form 4 · filed 2 days after the trade
2026-03-03Aiyar PriyaofficerSale223,512 @ $28.24$6.3M−19.6% of holding+0.9%−12.1%919,252Form 4 · filed 2 days after the trade
2026-03-03Girdwood AmyofficerSale75,030 @ $28.25$2.1M−6.8% of holding+0.9%−12.1%1,027,283Form 4 · filed 2 days after the trade
2026-03-03FISHER RICHARD WdirectorSale16,345 @ $28.31$463K−18.8% of holding+0.9%−12.1%70,479Form 4 · filed 2 days after the trade
2025-12-10Wiedenfels GunnarofficerSale150,402 @ $29.50$4.4M−14.1% of holding−5.2%−17.1%918,940Form 4 · filed 2 days after the trade
2025-12-10Wiedenfels GunnarofficerSale92,592 @ $29.50$2.7M−9.2% of holding−5.2%−17.1%918,940Form 4 · filed 2 days after the trade
2025-12-10Locke Lori C.officerSale4,122 @ $28.92$119K−3.9% of holding−5.2%−17.1%100,962Form 4 · filed same day
2025-12-09Locke Lori C.officerSale5,000 @ $27.45$137K−4.5% of holding+0.3%−13.6%105,084Form 4 · filed 1 day after the trade
2025-12-08Locke Lori C.officerSale5,000 @ $27.62$138K−4.3% of holding+2.8%−10.4%110,084Form 4 · filed 2 days after the trade
2025-12-05Locke Lori C.officerSale5,000 @ $25.42$127K−4.2% of holding+8.8%−6.3%115,084Form 4 · filed same day
2025-12-04Locke Lori C.officerSale5,000 @ $24.14$121K−4.0% of holding+14.6%−0.8%120,084Form 4 · filed 1 day after the trade
2025-12-03Locke Lori C.officerSale5,000 @ $24.18$121K−3.8% of holding+15.3%−1.7%125,084Form 4 · filed same day
2025-12-02Locke Lori C.officerSale5,000 @ $24.25$121K−3.7% of holding+15.7%−1.6%130,084Form 4 · filed 1 day after the trade
2025-12-01Locke Lori C.officerSale5,000 @ $23.74$119K−3.6% of holding+20.2%+1.6%135,084Form 4 · filed 2 days after the trade
2025-11-28Locke Lori C.officerSale5,000 @ $23.83$119K−3.4% of holding+19.8%+1.5%140,084Form 4 · filed same day
2025-11-26Locke Lori C.officerSale5,000 @ $23.25$116K−3.3% of holding+19.1%+1.9%145,084Form 4 · filed 2 days after the trade
2025-10-31Wiedenfels GunnarofficerSale222,210 @ $22.50$5.0M−19.5% of holding+9.3%+14.5%918,940Form 4 · filed 3 days after the trade
2025-09-15Wiedenfels GunnarofficerSale222,210 @ $19.50$4.3M−16.3% of holding−8.1%+40.0%1,141,150Form 4 · filed 1 day after the trade
2025-09-15Wiedenfels GunnarofficerSale177,456 @ $19.50$3.5M−13.5% of holding−8.1%+40.0%1,141,150Form 4 · filed 1 day after the trade
2025-09-15Wiedenfels GunnarofficerSale131,127 @ $19.50$2.6M−10.3% of holding−8.1%+40.0%1,141,150Form 4 · filed 1 day after the trade
2025-09-12Campbell BruceofficerSale150,000 @ $18.00$2.7M−37.3% of holding−6.9%+43.4%252,464Form 4 · filed same day

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

167 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-08-17Wiedenfels GunnarofficerAward / grant71,455691,257Form 4
2026-08-14Zaslav DaviddirectorOption exercise194,9997,002,933Form 4
2026-08-14Zaslav DaviddirectorOption exercise194,99917,935,634Form 4
2026-08-13Zaslav DaviddirectorOption exercise678,2677,486,201Form 4
2026-08-13Zaslav DaviddirectorOption exercise678,26718,130,633Form 4
2026-08-11Di Piazza Samuel A Jr.directorDiscretionary82,415130,661Form 4
2026-08-10Zeiler GerhardofficerOption exercise201,656739,092Form 4
2026-08-10Zeiler GerhardofficerOption exercise196,691734,127Form 4
2026-08-10Zeiler GerhardofficerOption exercise92,691630,127Form 4
2026-08-10Zeiler GerhardofficerOption exercise201,6560Form 4
2026-08-10Zeiler GerhardofficerOption exercise92,691188,193Form 4
2026-08-10Zeiler GerhardofficerOption exercise196,691101,326Form 4
2026-07-13Zaslav DaviddirectorOption exercise2,089,8769,087,622Form 4
2026-07-13Zaslav DaviddirectorOption exercise2,089,87618,808,900Form 4
2026-06-30Noto AnthonydirectorAward / grant1,07953,444Form 4
2026-06-12Zaslav DaviddirectorWithheld for tax202,8816,997,746Form 4
2026-06-09Sanchez Daniel E.directorAward / grant9,06753,121Form 4
2026-06-09Di Piazza Samuel A Jr.directorAward / grant9,067213,076Form 4
2026-06-09FISHER RICHARD WdirectorAward / grant9,06779,546Form 4
2026-06-09GOULD PAUL AdirectorAward / grant9,067253,424Form 4
2026-06-09LEE DEBRA LdirectorAward / grant9,06775,873Form 4
2026-06-09LEVIN JOSEPHdirectorAward / grant9,06743,604Form 4
2026-06-09LEVY ANTON JdirectorAward / grant9,067958,067Form 4
2026-06-09LOWE KENNETH WdirectorAward / grant9,0671,110,108Form 4
2026-06-09Merchant Fazal FdirectorAward / grant9,067104,606Form 4
2026-06-09Noto AnthonydirectorAward / grant9,06752,365Form 4
2026-06-09Price Paula AdirectorAward / grant9,06792,218Form 4
2026-06-09YANG GEOFFREY YdirectorAward / grant9,067127,119Form 4
2026-06-04Price Paula AdirectorDiscretionary11,04683,151Form 4
2026-04-15Girdwood AmyofficerWithheld for tax225,624801,659Form 4
2026-03-27Price Paula AdirectorAward / grant1,34094,197Form 4
2026-03-27Noto AnthonydirectorAward / grant1,06343,298Form 4
2026-03-10Aiyar PriyaofficerOption exercise77,243975,087Form 4
2026-03-10Aiyar PriyaofficerOption exercise77,243156,827Form 4
2026-03-10LEE DEBRA LdirectorGift16,34566,806Form 4
2026-03-06Wiedenfels GunnarofficerWithheld for tax43,578619,802Form 4
2026-03-06Campbell BruceofficerWithheld for tax43,578646,450Form 4
2026-03-06Perrette Jean-BriacofficerWithheld for tax43,4331,832,843Form 4
2026-03-06Zeiler GerhardofficerWithheld for tax35,213637,436Form 4
2026-03-04Campbell BruceofficerOption exercise183,3461,398,596Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures iStock trades disclosed by members of Congress for this company, by the date they were filed.iDisclosures shown as facts. A purchase “cluster” (≥2 members of Congress filing a buy within 90 days) has historically preceded modestly higher forward returns — and it persisted out-of-sample, though it roughly halved after 2021 (see below). A descriptive historical tendency, not a signal to trade and not used in our forecast. See /methodology.

As of 2026-09-16 · point-in-time by filed date

Purchase clusters · 2015–2021 (dev)+45 bp/mo vs baseline · up-rate 59.3% vs 57.3% · n=31,607 cluster ticker-weeks
Purchase clusters · 2022–2026 (out-of-sample)+32 bp/mo vs baseline · up-rate 54.0% vs 53.3% · n=27,793

A cluster = ≥2 members of Congress filing a purchase within 90 days. The historical tilt persisted after 2021 but roughly halved (+45 → +32 bp/mo forward 1-month vs the S&P 500 weekly-grid baseline). Descriptive historical tendency — not a signal to trade, and not used in our forecast (audition-log 2026-07-27, recomputed 2026-09-08).

'23 Q'24 Q'24 Q'24 Q'24 Q'25 Q'25 Q'25 Q'26 Q'26 Q'26 Qpurchases ▲ / sales ▼ ($ vol)
MemberChamberTypeFiledTradedSize
Alan ArmstrongSenatepurchase2026-07-212026-03-27$1–15K
Ro KhannaHousesale2026-07-062026-06-16$1–15K
Ro KhannaHousepurchase2026-05-112026-04-13$1–15K
Ro KhannaHousesale2026-04-072026-03-30$1–15K
August Lee Pfluger IiHousesale2026-03-192026-02-10$1–15K
Ro KhannaHousesale2026-03-092026-02-06$1–15K
Gilbert CisnerosHousesale2026-03-092026-02-10$1–15K
Gilbert CisnerosHousepurchase2026-02-132026-01-09$1–15K
Ro KhannaHousepurchase2026-02-062026-01-23$1–15K
Julia LetlowHousepurchase2026-01-132024-11-01$1–15K
Julia LetlowHousesale2026-01-132025-07-25$1–15K
Julia LetlowHousesale2026-01-132025-12-08$1–15K
Gilbert CisnerosHousepurchase2025-12-152025-11-18$1–15K
Ro KhannaHousepurchase2025-10-032025-09-29$1–15K

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.