Locke Lori C. bought WBD

October 6, 2026 · Form 4 insider transaction

Locke Lori C. bought 61,093 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 2 days after the transaction.

Direction
Acquired (buy-side)
Shares
61,093
Price
$0.00
Total value
N/A
Role—
SecuritySeries A Common Stock
Transaction codeA: Grant or award
Transaction dateOctober 6, 2026
Filing dateOctober 8, 2026
Shares owned after61,093
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

On October 6, 2026, pursuant to the Agreement and Plan of Merger, dated February 27, 2026 (the "Merger Agreement"), by and among Warner Bros. Discovery, Inc. ("WBD"), Skydance Corporation (f/k/a Paramount Skydance Corporation) ("SKYD") and Prince Sub Inc., a wholly owned subsidiary of SKYD ("Merger Sub"), Merger Sub merged with and into WBD, with WBD surviving as a wholly owned subsidiary of SKYD (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of WBD's Series A common stock, par value $0.01 per share ("Series A Common Stock"), issued and outstanding immediately prior to the Effective Time (except as otherwise provided in the Merger Agreement) was converted into the right to receive an amount in cash equal to $31.01666668 (the "Per Share Merger Consideration"), without interest.; Represents the number of shares of Series A Common Stock underlying unvested performance restricted stock units ("PRSUs") that became earned in connection with the Merger, determined assuming the achievement of actual performance as of the Effective Time as determined by the compensation committee of WBD's board of directors and extrapolated through the end of the performance period (if greater than target performance).

View the original Form 4 on SEC EDGAR