Form 4 for WBD Warner Bros. Discovery
Accepted 2025-02-26 00:00:00 ET · period of report 2025-02-24 · accession 0001437107-25-000026 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-02-26 | 2025-02-24 | WBD | Zaslav David | CEO, Pres, Dir | A - Grant | $0.00 | +5.35M | 7.74M | +223% | $0 |
| M | 2025-02-26 | 2025-02-24 | WBD | Zaslav David | CEO, Pres, Dir | F - Tax | $11.09 | -2.08M | 6.72M | -24% | -$23.10M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series A Common Stock | 2025-02-24 | A | A | 2,730,376 | $0.00 | 6,183,967 | D | — | — | (F1) These shares represent the annual performance-based restricted stock units granted to Mr. Zaslav in March 2024 ("2024 Annual PRSUs") and were earned based on his achievement of certain individual strategic objectives and WBD's 2024 free cash flow ("FCF") performance in relation to a pre-established target. On February 24, 2025, the WBD Compensation Committee certified that the 2024 strategic and financial objectives had been achieved and exceeded. |
| 2 | Common | Series A Common Stock | 2025-02-24 | F | D | 1,057,073 | $11.09 | 5,126,894 | D | — | — | (F2) These shares represent shares that were withheld by the Company to satisfy its tax withholding obligations with respect to the 2024 Annual PRSUs. |
| 3 | Common | Series A Common Stock | 2025-02-24 | A | A | 2,616,610 | $0.00 | 7,743,504 | D | — | — | (F3) These shares represent performance-based restricted stock units granted to Mr. Zaslav in March 2024 ("2024 Supplemental PRSUs") and were earned based solely on WBD's 2024 free cash flow ("FCF") performance in relation to a pre-established target. On February 24, 2025, the WBD Compensation Committee certified that WBD's 2024 FCF performance had exceeded the pre-established target. |
| 4 | Common | Series A Common Stock | 2025-02-24 | F | D | 1,025,952 | $11.09 | 6,717,552 | D | — | — | (F4) These shares represent shares that were withheld by the Company to satisfy its tax withholding obligations with respect to the 2024 Supplemental PRSUs. |