MarketPeel
Insider Trading Intelligence
TM

Timothy Matusch

WMG
EVP STRATEGY & OPERATIONS · WARNER MUSIC GROUP CORP. · CIK 0001960402
FILING MIX · LIFETIME50%/50%
BUYS
3
SELLS
3
TOTAL VALUE
$178.5K
COMPANIES
1
ACTIVE SINCE
Jan 2023
HOLDINGS NOW
87,649
AVG SELL PX
$32.18
TRADE KIND
SHOWING 6 / 6
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
2 backtested trades · 8 horizons · 2 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Timothy Matusch, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d2+100.00%-3.68%-2.21%-1.47%-1.47%
14d2+100.00%-7.68%-4.71%-2.96%-2.96%
30d2+100.00%-5.82%-3.29%-2.53%-2.53%
60d2+100.00%-17.98%-3.28%-14.70%-14.70%
90d2+100.00%-17.41%+3.27%-20.68%-20.68%
180d2+50.00%-1.54%+11.83%-13.37%-13.37%
1y2+100.00%-17.51%+14.16%-31.68%-31.68%
2y2(2 pending)
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
WMG · 87,649 shares · as of Apr 2, 2025
023,29946,59969,89893,19720242025SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
FLOW · 3 buys / 3 sellsCOVERAGE · 10 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
WMG
WARNER MUSIC GROUP CORP.
SALE
EVP Strategy & Operations
1,000$31.43$31.4K87,649Apr 2, 2025Apr 4, 2025View →
WMG
WARNER MUSIC GROUP CORP.
SALE
EVP Strategy & Operations
1,103$36.49$40.2K88,649Feb 14, 2025Feb 18, 2025View →
WMG
WARNER MUSIC GROUP CORP.
SALE
EVP Strategy & Operations
3,445$31.02$106.9K89,752Jan 6, 2025Jan 7, 2025View →
WMG
WARNER MUSIC GROUP CORP.
PURCHASEGRANT
Stock grant
35,71493,197Jan 4, 2025Jan 7, 2025View →
WMG
WARNER MUSIC GROUP CORP.
PURCHASEGRANT
Stock grant
34,19357,483Jan 4, 2024Jan 5, 2024View →
WMG
WARNER MUSIC GROUP CORP.
PURCHASEGRANT
Stock grant
23,29023,290Jan 12, 2023Jan 17, 2023View →
Other insiders · WMG
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About this filer
CIK 0001960402
ROLE
EVP Strategy & Operations
PRIMARY
WMG
COMPANIES
1
ACTIVE SINCE
Jan 2023
MARKETPEEL · /INSIDER/0001960402DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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