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144 ·Filed Oct 7, 2026

WMG

Warner Music Group Corp.
NEUTRAL
Impact 2/10
Horizonimmediate Processed20d 7h ago SEC0001959173-26-007303
Form 144 — notice of proposed sale of securities
Actionable Insight • Neutral

This is a routine post-vesting sale by a former officer with no material impact. Monitor for any subsequent Form 4 filings to confirm execution, but no immediate trading signal.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+5d
WMG ▲ +2.66% at T+5d
NEUTRAL call +2.66% · α vs SPY +3.64% · entry $28.16 → $28.91
Next anchor: T+20d in 8d
Latest observation: T+12 +6.17% FF3 residual α
Entry = T+0 close
Oct 7, 2026
via day close
T+1d
+2.66%
call +2.66% · α +3.09%
$28.91
settled 19d ago
T+5d
+2.66%
call +2.66% · α +3.64%
$28.91
settled 13d ago
T+20d
Pending
in 8d
T+60d
Pending
in 2mo

Price Chart

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Executive Summary

Armin Zerza, a former officer of Warner Music Group Corp., filed a Form 144 notice of intent to sell 20,245 Class A shares (approximate value $552,480) on October 7, 2026. The shares were acquired via restricted stock vesting on September 30, 2026, and the sale appears to be a routine post-vesting liquidation by a former insider, with no material directional signal for the stock.

Key Facts

  • Filer: Armin Zerza, a former officer of Warner Music Group Corp.
  • Proposed sale: 20,245 shares of Class A common stock.
  • Estimated aggregate market value: $552,480.47.
  • Shares acquired via restricted stock vesting on September 30, 2026.
  • Filing date: October 7, 2026.
  • Broker: Fidelity Brokerage Services LLC.
  • Issuer's outstanding shares: 147,729,456 (Class A).
  • Sale represents ~0.014% of outstanding Class A shares.

Financial Impact

Proposed sale of $552,480, representing ~0.014% of outstanding Class A shares.

dilutioninsider holdings

Risk Factors

  • Insider selling could be misinterpreted as negative signal by the market, though the small size and former-officer status mitigate this.
  • No additional context on the company's financial health or guidance is provided in this filing.

Investment Themes

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001959173-26-007303
Document: 0001959173-26-007303-index.html0001959173-26-007303
Document: 0001959173-26-007303.txt0001959173-26-007303
7 reports for WMG
Performance horizon

Track record builds as more directional reports settle.

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Reports for WMG — sortable, filterable
TypeNow
Oct 15, 2026
12d ago
SC 13G/A
BULLISH ★ 5/10
$30.69 $31.69▲ +3.26%▲ +4.27%$30.31 (−1.24%)
Oct 7, 2026
20d ago
144
NEUTRAL ★ 2/10
$28.16 $28.91▲ +2.66%▲ +3.64%$30.31 (+7.63%)
Sep 25, 2026
4w ago
8-K
NEUTRAL ★ 4/10
$27.14 $27.63▲ +1.81%▲ +0.60%$30.31 (+11.68%)
Sep 22, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$27.16 $27.61▲ +1.66%▲ +2.33%$30.31 (+11.60%)
Aug 3, 2026
12w ago
8-K
BULLISH ★ 7/10
$25.10 $26.41▲ +5.22%▲ +3.19%$30.31 (+20.76%)
May 22, 2026
22w ago
Court Ruling
NEUTRAL ★ 1/10
$34.53 $31.13▼ −9.85%▼ −11.52%$30.31 (−12.22%)
Mar 11, 2026
32w ago
8-K
NEUTRAL ★ 4/10
$26.87 $23.90▼ −11.05%▼ −10.07%$30.31 (+12.80%)
Showing 7 of 7

US Market Status

Market Closed — Opens Wed (< 1m)

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Report published Oct 7, 2026