| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Wiedenfels Gunnar | Chief Financial Officer | 230 PARK AVENUE SOUTH, NEW YORK | Tara L. Smith, by power of attorney | 26 Feb 2026 | 0001694392 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WBD | Series A Common Stock | Award | $0 | +254,802 | +28% | $0.000000 | 1,173,742 | 24 Feb 2026 | Direct | F1 |
| transaction | WBD | Series A Common Stock | Award | $0 | +455,064 | +38% | $0.000000 | 1,641,851 | 24 Feb 2026 | Direct | F2, F3 |
| holding | WBD | Series A Common Stock | 14,140 | 24 Feb 2026 | As custodian | ||||||
| holding | WBD | Series A Common Stock | 0 | 24 Feb 2026 | By Spouse | F3 |
| Id | Content |
|---|---|
| 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 256,082 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 510,884 shares). This Form 4 is reporting the incremental 254,802 shares as earned. |
| 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. |
| F3 | On 12/18/2025, 13,045 shares were transferred from the RP's spouse to the RP. |