David Zaslav - 02 Jan 2026 Form 4 Insider Report for Warner Bros. Discovery, Inc. (WBD)

Reporting relationship: Chief Executive Officer & Pres, Director
Issuer ticker: WBD
Reported as of: 02 Jan 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 06 Jan 2026, 17:48:45 UTC
Prior SEC filing: 25 Nov 2025
Next SEC filing: 07 Jan 2026
Source filing: View source filing
Reporting owner signature: Tara L. Smith, Attorney-in-Fact

Key filing fact

David Zaslav filed Form 4 for Warner Bros. Discovery, Inc. (WBD) on 06 Jan 2026.

Key facts

This page summarizes David Zaslav's Form 4 filing for Warner Bros. Discovery, Inc. (WBD).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 06 Jan 2026, 17:48.

Change

Previous filing in this sequence was filed on 25 Nov 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001318285 Primary reporting owner

Zaslav David

Relationship: Chief Executive Officer & Pres, Director
Address: 230 PARK AVENUE SOUTH, NEW YORK
Signature: Tara L. Smith, Attorney-in-Fact
Signature date: 06 Jan 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WBD transaction Derivative

Employee Stock Option (right to acquire)

Award

Transaction value: $0
Shares: +3,052,734
Change %
Price: $0.000000
Shares after: 3,052,734
Date: 02 Jan 2026
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 3,052,734
Exercise price: $28.51
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

As previously disclosed by the Issuer in its Current Report on Form 8-K filed on June 16, 2025, as amended on June 17, 2025 (the "Form 8-K"), these options were granted to Mr. Zaslav pursuant to, and as described in, his employment agreement dated June 12, 2025 in satisfaction of the Issuer's obligation to supplement the Signing Options (as defined in the Form 8-K).

Footnote F2

These options will vest on the same terms and conditions as the Signing Options in five equal annual installments beginning on June 12, 2026. Because the performance-based conditions that were applicable to 60% of the Signing Options have been satisfied prior to the date hereof, the options are subject only to the foregoing time-based vesting schedule.