| Insider | Role | Shares | Value | Buys | Sells |
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| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
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| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
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CEO, Recorded Music
1 company
Max Lousada last filed a Form 4 in September 2024, as CEO, Recorded Music at WMG. Max Lousada's net worth is not public. Form 4 filings only show shares in the companies where this person was an insider, as of the last filing.
Our model assigns Max Lousada a below-average insider score of 45/100, based on 9 past trades. Over a 12-month horizon, 22.2% of those trades were profitable, with an average 12-month return of -7.6%.
At the last filing, the largest reported position was 2,039,002 shares of WMG. The WMG filings lean toward selling, a net 2,798,100 shares.
Max Lousada has 10 Form 4 filings on record from June 2020 to September 2024, all as CEO, Recorded Music at Warner Music Group (WMG), 2020–2024.
The 13 reported transactions were 9 open-market sales, 2 stock awards and 2 dispositions back to the company.
Counted by filing, the open-market trades come to no purchases and 6 sales worth about $92.3M.
The largest open-market sale was 869,008 shares of WMG at an average $33.36 on December 5, 2023, about $29.0M. Twelve months later WMG was down 7%.
None of the 4 sales since April 2023 was marked as made under a Rule 10b5-1 trading plan.
Shares as reported in the last Form 4 for each company; the most recent is from September 2024. Values use today's prices. Any trades after the last filing were not reported, so current holdings may differ.
| Date | Ticker | Role | Type | Shares | Price | Value | Chg% | 3M | 12M | SEC |
|---|---|---|---|---|---|---|---|---|---|---|
| Sep 11, 2024 | WMG Warner Music Group Corp. | CEO, Recorded Music | Sell | 250,769 | $28.09 | $7,044,101.21 | -11.0% | +13.9% | +21.2% | |
| Sep 10, 2024 | WMG Warner Music Group Corp. | CEO, Recorded Music | Sell | 436,193 | $28.00 | $12,215,170.16 | -16.0% | +14.3% | +21.1% | |
| Sep 5, 2024 | WMG Warner Music Group Corp. | CEO, Recorded Music | Sell | 247,505 | $28.20 | $6,979,264.97 | -8.3% | +13.4% | +16.0% | |
| Dec 5, 2023 | WMG Warner Music Group Corp. | CEO, Recorded Music | Sell | 869,008 | $33.36 | $28,990,106.88 | -31.6% | +3.0% | -7.1% | |
| Sep 29, 2021 | WMG Warner Music Group Corp. | CEO, Recorded Music | Sell | 510,165 | $41.05 | $20,942,273.25 | -32.7% | +6.1% | -42.6% | |
| Mar 16, 2021 | WMG Warner Music Group Corp. | CEO, Recorded Music | Sell | 484,460 | $33.25 | $16,108,295.00 | -23.3% | +2.6% | +5.6% |