January 2, 2026 · Form 4 insider transaction
Zaslav David bought 3,052,734 shares of Warner Bros. Discovery, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
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).; 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.