As of September 29, 2026, the three largest insider holders of WMG are Stephen Forbes Cooper (Co Ceo, 6.92Mn shares), Max Lousada (Ceo, Recorded Music, 2.04Mn shares), Max Lousada (Ceo, Recorded Music, 1.05Mn shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Stephen Forbes Cooper | Co Ceo | 6,915,833 | 0 | 6,915,833 | 56.7% | 06 Jan, 2023 |
| 2 | Max Lousada | Ceo, Recorded Music | 2,039,002 | 0 | 2,039,002 | 16.7% | 13 Sep, 2024 |
| 3 | Robert Kyncl | Ceo | 731,365 | 0 | 731,365 | 6.0% | 06 Jan, 2026 |
| 4 | Armin Zerza | Coo Cfo | 408,666 | 0 | 408,666 | 3.4% | 26 May, 2026 |
| 5 | Donald Wagner | Director | 0 | 251,817 | 251,817 | 2.1% | 01 Mar, 2024 |
| 6 | Lincoln E Benet | Director | 242,360 | 0 | 242,360 | 2.0% | 23 Dec, 2024 |
| 7 | Guy Moot | Co Chair Ceo Warner Chappell | 229,084 | 0 | 229,084 | 1.9% | 06 Jan, 2026 |
| 8 | Carianne Marshall | Co Chair Coo Warner Chappell | 229,084 | 0 | 229,084 | 1.9% | 06 Jan, 2026 |
| 9 | Carletta Higginson | Evp, Chief Digital Officer | 200,596 | 0 | 200,596 | 1.6% | 06 Jan, 2026 |
| 10 | Bryan Castellani | Chief Financial Officer | 136,515 | 0 | 136,515 | 1.1% | 07 Jan, 2025 |
| 11 | Valentin Blavatnik | Director | 104,074 | 0 | 104,074 | 0.9% | 05 Dec, 2025 |
| 12 | Paul M Robinson | Evp General Counsel | 98,342 | 0 | 98,342 | 0.8% | 06 Jan, 2026 |
| 13 | Maria Osherova | Evp, Chief Human Res. Officer | 96,827 | 0 | 96,827 | 0.8% | 06 Jan, 2026 |
| 14 | Timothy Matusch | Evp Strategy Operations | 87,649 | 0 | 87,649 | 0.7% | 04 Apr, 2025 |
| 15 | Eric Levin | Evp Chief Financial Officer | 87,197 | 0 | 87,197 | 0.7% | 06 Jan, 2023 |
| 16 | Michael Lynton | Director | 53,886 | 0 | 53,886 | 0.4% | 03 Sep, 2026 |
| 17 | James Steven | Evp, Chief Comm. Officer | 46,881 | 0 | 46,881 | 0.4% | 06 Jan, 2026 |
| 18 | Ynon Kreiz | Director | 0 | 36,910 | 36,910 | 0.3% | 03 Sep, 2026 |
| 19 | Cecelia Kurzman | Director | 34,338 | 0 | 34,338 | 0.3% | 03 Sep, 2026 |
| 20 | Noreena Hertz | Director | 30,693 | 0 | 30,693 | 0.3% | 03 Sep, 2026 |
| 21 | Mathias Dopfner | Director | 30,693 | 0 | 30,693 | 0.3% | 03 Sep, 2026 |
| 22 | Nancy Dubuc | Director | 29,989 | 0 | 29,989 | 0.2% | 03 Sep, 2026 |
| 23 | Oana Ruxandra | Cdo Evp Business Dev. | 23,528 | 0 | 23,528 | 0.2% | 06 Jan, 2023 |
| 24 | Hannah Jasmine Karp | Evp, Chief Comm. Officer | 19,225 | 0 | 19,225 | 0.2% | 13 Feb, 2026 |
| 25 | Louis Dickler | Acting Cfo Corp. Contr. | 14,734 | 0 | 14,734 | 0.1% | 05 Jan, 2022 |
| 26 | Thomas H Lee | Director | 12,338 | 0 | 12,338 | 0.1% | 02 Mar, 2022 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 01 Sep, 2026 | Cecelia Kurzman | Director | Acquired A | 84 | $0.00 | $0 | 34,338 | Direct |
| 01 Sep, 2026 | Ynon Kreiz | Director | Acquired A | 45 | $0.00 | $0 | 36,910 | Indirect |
| 01 Sep, 2026 | Michael Lynton | Director | Acquired A | 122 | $0.00 | $0 | 53,886 | Direct |
| 01 Sep, 2026 | Noreena Hertz | Director | Acquired A | 45 | $0.00 | $0 | 30,693 | Direct |
| 01 Sep, 2026 | Nancy Dubuc | Director | Acquired A | 45 | $0.00 | $0 | 29,989 | Direct |
| 01 Sep, 2026 | Mathias Dopfner | Director | Acquired A | 45 | $0.00 | $0 | 30,693 | Direct |
| 02 Jun, 2026 | Noreena Hertz | Director | Acquired A | 38 | $0.00 | $0 | 32,277 | Direct |
| 02 Jun, 2026 | Nancy Dubuc | Director | Acquired A | 38 | $0.00 | $0 | 29,944 | Direct |
| 02 Jun, 2026 | Ynon Kreiz | Director | Acquired A | 38 | $0.00 | $0 | 36,865 | Indirect |
| 02 Jun, 2026 | Cecelia Kurzman | Director | Acquired A | 38 | $0.00 | $0 | 34,221 | Direct |
| 02 Jun, 2026 | Michael Lynton | Director | Acquired A | 56 | $0.00 | $0 | 53,716 | Direct |
| 02 Jun, 2026 | Mathias Dopfner | Director | Acquired A | 38 | $0.00 | $0 | 32,277 | Direct |
| 21 May, 2026 | Armin Zerza | Coo Cfo | Disposed G | 27,521 | $0.00 | $0 | 408,666 | Direct |
| 12 May, 2026 | Armin Zerza | Coo Cfo | Acquired A | 209,132 | $0.00 | $0 | 463,251 | Direct |
| 12 May, 2026 | Armin Zerza | Coo Cfo | Disposed F | 27,064 | $33.60 | $909.35K | 436,187 | Direct |
| 16 Apr, 2026 | Valentin Blavatnik | Director | Acquired J | 280,000 | — | — | 280,000 | Indirect |
| 16 Apr, 2026 | Entertainment Holdings Llc Ai | TenPercentOwner | Disposed J | 280,000 | — | — | 1,120,000 | Indirect |
| 04 Mar, 2026 | Cecelia Kurzman | Director | Acquired A | 6,186 | $0.00 | $0 | 34,183 | Direct |
| 04 Mar, 2026 | Mathias Dopfner | Director | Acquired A | 6,186 | $0.00 | $0 | 32,239 | Direct |
| 04 Mar, 2026 | Michael Lynton | Director | Acquired A | 9,014 | $0.00 | $0 | 53,660 | Direct |