TIME WARNER INC insider transactions

What is a Form 4?

Animation: what a Form 4 is, shown with one real example. Sonic Automotive (SAH) reporting owner Paul P. Rusnak bought 13,701 shares at $59.78 on Wednesday, October 7, 2026, transaction code P, an open-market purchase (S is a sale and A is an award from the company). A timeline marks the SEC's two-business-day filing deadline, which ends Friday, October 9. The SEC accepted the Form 4 at 4:33:21 PM ET on October 9, and NexusTrade treats it as public one minute later, at 4:34:21 PM ET. A lamp for NexusTrade's InsiderTrades indicator stays off from the trade date until that moment, then counts one purchase worth 13,701 × $59.78 = $819,045.78. — In this example the shares were bought on Oct 7, 2026, and NexusTrade's InsiderTrades indicator can count the purchase starting at 4:34:21 PM ET on Oct 9, one minute after the SEC accepted the Form 4.

A Form 4 is the SEC filing a company insider, such as an officer, director or 10% owner, uses to report a trade in the company's stock, generally within two business days. The animation follows one real filing as an example: Paul P. Rusnak's purchase of Sonic Automotive (SAH) shares on October 7, 2026.

The same reading applies to every row on this page. The trade date is when the shares changed hands. The available date is when NexusTrade treats the filing as public, and a NexusTrade InsiderTrades indicator counts a purchase (code P) or sale (code S) only from that moment. Code A awards are not counted as purchases.

Recent insider disclosures

This table includes purchases, sales and awards in the public filing record. Awards and open-market purchases are distinct transaction codes. For historical research, use the public availability date to determine when the transaction was knowable.

Read code P as a purchase, S as a sale and A as an award. An award is an acquisition, but it is not an open-market purchase. Open the filing receipt to check the transaction details.

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Most recent 90-day source activity, up to 50 rows. No rows means no matching recent records, not no historical activity.

Officers and directors in the directory

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PARSONS RICHARD D	0001008086	55
WRIGHT DEBORAH C	0001192501	24
EINHORN JESSICA P	0001204524	10
GUTIERREZ CARLOS M	0001185943	3
GINSBERG GARY L	0001236136	10
CAPPUCCIO PAUL T	0001237444	26
Hassan Fred	0001110744	16
MELTON CAROL A	0001200608	15
ADLER EDWARD I	0001277484	20
Averill Howard M	0001595087	1
BARGE JAMES W	0001237441	6
BARKSDALE JAMES L	0001008699	7
BARR WILLIAM P	0001196111	23
BEWKES JEFFREY L	0001237443	73
BOLLENBACH STEPHEN F	0001159762	14
CAUFIELD FRANK J	0001032456	18
CLARK ROBERT C	0001240994	6
Desroches Pascal	0001423061	26
Dopfner Mathias	0001370931	6
FILIKRUSHEL PATRICIA	0001237450	22
Magee Karen	0001298014	1
MARK REUBEN	0001208230	64
Martin John K	0001383936	10
MILES MICHAEL A	0001077846	49
NOVACK KENNETH J	0001071567	239
OLAFSSON OLAF	0001217404	38
Wachter Paul	0001504491	23

Which transactions qualify for the company tracker

The company strategy uses verified officers and directors with qualifying acquisitions at this issuer. Other reporting owners may appear in source records without becoming strategy signals.

Strategy eligibility is held while filing coverage is unresolved.

Historical follower simulations are separate from these source transactions. They do not establish live trading results.