Filing Details

Accession Number:
0000950170-24-106490
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-13 17:35:52
Reporting Period:
2024-09-11
Accepted Time:
2024-09-13 17:35:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1319161 Warner Music Group Corp. WMG Services-Amusement & Recreation Services (7900) 134271875
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1807479 Max Lousada C/O Warner Music Group Corp.
1633 Broadway
New York NY 10019
Ceo, Recorded Music No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-09-11 250,769 $28.09 2,039,002 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.75 to $28.23, inclusive. The reporting person undertakes to provide to Warner Music Group Corp. ("WMG"), any security holder of WMG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  2. Includes restricted stock units.
  3. Includes 1,738,018 vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan. These Deferred Equity Units will be settled for shares of the Issuer's Class A Common Stock on a one-for-one basis by no later than December 31, 2025. Upon such settlement, the corresponding Deferred Equity Units will be cancelled.