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Grant4

Warner Bros. Discovery, Inc.

WBD

Total Value
$0

Company Information

Ticker Symbol
WBD
CIK
0001437107

Insider Information

Role
Chief Rev & Strategy Officer
Officer
Location
NEW YORK, NY

Filing Details

Filing Date
Feb 26, 2026
Transaction Date
Feb 24, 2026
Accession Number
0001421985-26-000002
Form Type
4

Non-Derivative Transactions

DateSecuritySharesPriceTypeValue
Feb 24, 2026Series A Common Stock270,728Grant/Award
Feb 24, 2026Series A Common Stock455,064Grant/Award

Footnotes

  1. (F1)These shares represent PRSUs originally granted to the reporting person ("RP") on 3/1/2023. On 2/26/2024, based on WBD's 2023 free cash flow performance, the WBD Compensation Committee ("CC") determined that target performance had been achieved and the RP filed a Form 4 reporting 272,088 shares (100% of target) as earned. This 3/1/2023 grant was also subject to a 3-year TSR modifier. On 2/24/2026, based on WBD's TSR performance relative to the S&P 500 M&E Index over the 2023-2025 period, the CC certified that the 3/1/2023 grant should vest at 199.5% of target (for an aggregate of 542,816 shares). This Form 4 is reporting the incremental 270,728 shares as earned.
  2. (F2)These shares represent PRSUs granted to the RP on 3/1/2024 and were earned based solely on WBD's 2024 and 2025 free cash flow ("FCF") performance in relation to a pre-established target. On 2/24/2026, the CC certified that WBD's 2025 FCF performance was significantly above the established target, resulting in these PRSUs being earned at 200% of target.

SEC Filing

View on SEC Daily

View the complete filing document on SEC Daily.