WMG
Warner Music Group
NASDAQ: WMG · COMMUNICATION SERVICES · ENTERTAINMENT
$32.94
-0.23% today
Updated 2026-06-05
Market cap
$14.85B
P/E ratio
33.88
P/S ratio
2.08x
EPS (TTM)
$0.84
Dividend yield
2.63%
52W range
$23 – $35
Volume
2.5M
Warner Music Group (WMG) Insider transactions
Net insider activity
Net selling (121,677,847 shares)
Buy transactions
60
Sell transactions
40
All transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-05-21 | ZERZA, ARMIN | COO & CFO | Sale | 27,521 | — | — |
| 2026-05-12 | ZERZA, ARMIN | COO & CFO | Buy | 209,132 | — | — |
| 2026-05-12 | ZERZA, ARMIN | COO & CFO | Sale | 27,064 | $33.60 | $909350.40 |
| 2026-04-16 | BLAVATNIK, VALENTIN | Director | Buy | 280,000 | — | — |
| 2026-04-16 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Sale | 280,000 | — | — |
| 2026-03-04 | LYNTON, MICHAEL | Director | Buy | 9,014 | — | — |
| 2026-03-04 | KURZMAN, CECELIA | Director | Buy | 6,186 | — | — |
| 2026-03-04 | KREIZ, YNON | Director | Buy | 6,186 | — | — |
| 2026-03-04 | HERTZ, NOREENA | Director | Buy | 6,186 | — | — |
| 2026-03-04 | HERTZ, NOREENA | Director | Sale | 1,629 | $28.29 | $46084.41 |
| 2026-03-04 | DUBUC, NANCY | Director | Buy | 6,186 | — | — |
| 2026-03-04 | DOPFNER, MATHIAS | Director | Buy | 6,186 | — | — |
| 2026-03-04 | DOPFNER, MATHIAS | Director | Sale | 1,629 | $28.29 | $46084.41 |
| 2026-02-12 | KARP, HANNAH JASMINE | EVP, Chief Comm. Officer | Buy | 19,225 | — | — |
| 2026-01-05 | ROBINSON, PAUL M | EVP & General Counsel | Sale | 5,740 | $30.74 | $176447.60 |
| 2026-01-05 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Sale | 7,148 | $30.74 | $219729.52 |
| 2026-01-05 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Sale | 13,122 | $30.74 | $403370.28 |
| 2026-01-05 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Sale | 13,122 | $30.74 | $403370.28 |
| 2026-01-05 | KYNCL, ROBERT | CEO | Sale | 43,014 | $30.74 | $1.32M |
| 2026-01-05 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Sale | 10,388 | $30.74 | $319327.12 |
| 2026-01-04 | ROBINSON, PAUL M | EVP & General Counsel | Buy | 48,062 | — | — |
| 2026-01-04 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Buy | 59,276 | — | — |
| 2026-01-04 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Buy | 112,144 | — | — |
| 2026-01-04 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Buy | 112,144 | — | — |
| 2026-01-04 | KYNCL, ROBERT | CEO | Buy | 339,635 | — | — |
| 2026-01-04 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Buy | 116,949 | — | — |
| 2025-12-11 | ZERZA, ARMIN | Chief Financial Officer | Buy | 35,778 | $28.12 | $1.01M |
| 2025-12-02 | BLAVATNIK, VALENTIN | Director | Buy | 35,810 | $27.88 | $998382.80 |
| 2025-10-13 | KYNCL, ROBERT | Director, CEO | Buy | 202,659 | — | — |
| 2025-10-13 | KYNCL, ROBERT | Director, CEO | Sale | 112,071 | $32.15 | $3.60M |
| 2025-05-12 | ZERZA, ARMIN | Chief Financial Officer | Buy | 471,698 | — | — |
| 2025-05-12 | ZERZA, ARMIN | Chief Financial Officer | Buy | 218,341 | — | — |
| 2025-04-02 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Sale | 1,000 | $31.43 | $31430.00 |
| 2025-03-04 | LYNTON, MICHAEL | Director | Buy | 7,706 | — | — |
| 2025-03-04 | KURZMAN, CECELIA | Director | Buy | 5,289 | — | — |
| 2025-03-04 | KREIZ, YNON | Director | Buy | 5,289 | — | — |
| 2025-03-04 | HERTZ, NOREENA | Director | Buy | 5,289 | — | — |
| 2025-03-04 | HERTZ, NOREENA | Director | Sale | 1,474 | $33.09 | $48774.66 |
| 2025-03-04 | DUBUC, NANCY | Director | Buy | 5,289 | — | — |
| 2025-03-04 | DOPFNER, MATHIAS | Director | Buy | 5,289 | — | — |
| 2025-03-04 | DOPFNER, MATHIAS | Director | Sale | 1,474 | $33.09 | $48774.66 |
| 2025-02-20 | BLAVATNIK, VALENTIN | Director | Sale | 28,230 | $35.45 | $1.00M |
| 2025-02-14 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Sale | 1,103 | $36.49 | $40248.47 |
| 2025-02-12 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Sale | 6,553 | $33.90 | $222146.70 |
| 2025-01-06 | STEVEN, JAMES | EVP, Chief Comm. Officer | Sale | 5,651 | $31.02 | $175294.02 |
| 2025-01-06 | ROBINSON, PAUL M | EVP & General Counsel | Sale | 5,555 | $31.02 | $172316.10 |
| 2025-01-06 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Sale | 5,919 | $31.02 | $183607.38 |
| 2025-01-06 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Sale | 12,504 | $31.02 | $387874.08 |
| 2025-01-06 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Sale | 3,445 | $31.02 | $106863.90 |
| 2025-01-06 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Sale | 12,504 | $31.02 | $387874.08 |
| 2025-01-06 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Sale | 5,951 | $31.02 | $184600.02 |
| 2025-01-06 | CASTELLANI, BRYAN | Chief Financial Officer | Sale | 8,729 | $31.02 | $270773.58 |
| 2025-01-05 | STEVEN, JAMES | EVP, Chief Comm. Officer | Sale | 6,441 | $30.74 | $197996.34 |
| 2025-01-04 | STEVEN, JAMES | EVP, Chief Comm. Officer | Buy | 14,610 | — | — |
| 2025-01-04 | ROBINSON, PAUL M | EVP & General Counsel | Buy | 16,234 | — | — |
| 2025-01-04 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Buy | 13,961 | — | — |
| 2025-01-04 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Buy | 48,701 | — | — |
| 2025-01-04 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Buy | 35,714 | — | — |
| 2025-01-04 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Buy | 48,701 | — | — |
| 2025-01-04 | KYNCL, ROBERT | CEO | Buy | 344,156 | — | — |
| 2025-01-04 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Buy | 53,359 | — | — |
| 2025-01-04 | CASTELLANI, BRYAN | Chief Financial Officer | Buy | 76,857 | — | — |
| 2024-12-20 | BENET, LINCOLN E | Director | Sale | 35,000 | $30.96 | $1.08M |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Sale | 6,927,734 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 6,898,638 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 1,626,518 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 487,929 | — | — |
| 2024-12-19 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Buy | 29,096 | — | — |
| 2024-09-11 | LOUSADA, MAX | CEO, Recorded Music | Sale | 250,769 | $28.09 | $7.04M |
| 2024-09-10 | LOUSADA, MAX | CEO, Recorded Music | Sale | 428,834 | $28.00 | $12.01M |
| 2024-09-06 | LOUSADA, MAX | CEO, Recorded Music | Sale | 7,359 | $28.24 | $207818.16 |
| 2024-09-05 | LOUSADA, MAX | CEO, Recorded Music | Sale | 135,324 | $28.17 | $3.81M |
| 2024-09-04 | LOUSADA, MAX | CEO, Recorded Music | Sale | 48,134 | $28.21 | $1.36M |
| 2024-09-03 | LOUSADA, MAX | CEO, Recorded Music | Sale | 64,047 | $28.25 | $1.81M |
| 2024-03-05 | LYNTON, MICHAEL | Director | Buy | 7,159 | $35.62 | $255003.58 |
| 2024-03-05 | KURZMAN, CECELIA | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | KREIZ, YNON | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | HERTZ, NOREENA | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | HERTZ, NOREENA | Director | Sale | 1,664 | $35.62 | $59271.68 |
| 2024-03-05 | DUBUC, NANCY | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | DOPFNER, MATHIAS | Director | Buy | 4,913 | $35.62 | $175001.06 |
| 2024-03-05 | DOPFNER, MATHIAS | Director | Sale | 1,664 | $35.62 | $59271.68 |
| 2024-02-28 | WAGNER, DONALD | Director | Buy | 251,817 | — | — |
| 2024-02-15 | BENET, LINCOLN E | Director | Sale | 71,981 | $36.12 | $2.60M |
| 2024-01-04 | STEVEN, JAMES | EVP, Chief Comm. Officer | Buy | 13,988 | — | — |
| 2024-01-04 | ROBINSON, PAUL M | EVP & General Counsel | Buy | 15,542 | — | — |
| 2024-01-04 | OSHEROVA, MARIA | EVP, Chief Human Res. Officer | Buy | 13,366 | — | — |
| 2024-01-04 | MOOT, GUY | Co-Chair & CEO Warner Chappell | Buy | 46,627 | — | — |
| 2024-01-04 | MATUSCH, TIMOTHY | EVP Strategy & Operations | Buy | 34,193 | — | — |
| 2024-01-04 | MARSHALL, CARIANNE | Co-Chair & COO Warner Chappell | Buy | 46,627 | — | — |
| 2024-01-04 | LOUSADA, MAX | CEO, Recorded Music | Buy | 155,424 | — | — |
| 2024-01-04 | HIGGINSON, CARLETTA | EVP, Chief Digital Officer | Buy | 46,627 | — | — |
| 2024-01-04 | CASTELLANI, BRYAN | Chief Financial Officer | Buy | 68,387 | — | — |
| 2024-01-04 | CASTELLANI, BRYAN | Chief Financial Officer | Buy | 34,193 | — | — |
| 2023-12-05 | LOUSADA, MAX | CEO, Recorded Music | Sale | 869,008 | $33.36 | $28.99M |
| 2023-03-06 | AI, ENTERTAINMENT HOLDINGS LLC | 10% Owner | Sale | 125,000,000 | — | — |
| 2023-02-28 | LYNTON, MICHAEL | Director | Buy | 8,080 | $31.56 | $255004.80 |
| 2023-02-28 | KURZMAN, CECELIA | Director | Buy | 5,545 | $31.56 | $175000.20 |
| 2023-02-28 | KREIZ, YNON | Director | Buy | 5,545 | $31.56 | $175000.20 |
| 2023-02-28 | HERTZ, NOREENA | Director | Buy | 5,545 | $31.56 | $175000.20 |
Frequently asked questions
Are WMG insiders buying or selling?
Over the transactions on record, WMG insiders have been net buyers, with about $69.94M in stock sold across 40 sales, against 12 open-market purchases.
Does insider selling at WMG mean the stock will fall?
Not by itself. Most executive selling is pre-scheduled through 10b5-1 plans filed months in advance, and insiders sell for diversification, taxes, and liquidity far more often than out of any view on the price. Insider buying is the stronger signal, especially when several insiders buy around the same time, because there is usually only one reason to put personal cash into the stock.
Which WMG insiders are selling the most?
Recent selling is concentrated in a few names. LOUSADA, MAX accounts for the largest share on record, with about $55.23M sold. Selling by one or two individuals matters less than broad selling across the whole leadership team, which is the pattern worth watching.