Warner Bros. Discovery (WBD) 4: Zaslav David bought 1,963,465 shares of Series A Common Sto… (Jan 7, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-01-05 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Warner Bros. Discovery, Inc. (WBD) CIK: 0001437107 --- Reporting Owner --- Name: Zaslav David CIK: 0001318285 Role: Director, Officer (Chief Executive Officer & Pres) --- Non-Derivative Transactions --- [Transaction #1] Security: Series A Common Stock Date: 2026-01-05 | Code: A (Grant or award) Shares: +1,963,465 | Price: $0.00 Shares Owned After: 8,681,017 | Ownership: D (Direct) Footnotes: [F1] As disclosed by the Issuer in its Current Report on Form 8-K filed on January 7, 2026 (the "Form 8-K"), these restricted stock units were granted to Mr. Zaslav pursuant to his employment agreement dated June 12, 2025, and, as further described in the Form 8-K, are intended to satisfy the Company's requirement to make up lost economic value to Mr. Zaslav due to the time delay between the grant of the "Signing Stock Options" (as defined in the Form 8-K) and the grant of the "Follow-On Options" (as defined in the Form 8-K). --- Holdings --- [Holding #1] Security: Series A Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- F1: As disclosed by the Issuer in its Current Report on Form 8-K filed on January 7, 2026 (the "Form 8-K"), these restricted stock units were granted to Mr. Zaslav pursuant to his employment agreement dated June 12, 2025, and, as further described in the Form 8-K, are intended to satisfy the Company's requirement to make up lost economic value to Mr. Zaslav due to the time delay between the grant of the "Signing Stock Options" (as defined in the Form 8-K) and the grant of the "Follow-On Options" (as defined in the Form 8-K). --- Signature --- /s/ Tara L. Smith, Attorney-in-Fact (2026-01-07)