Warner Bros. Discovery (WBD)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-11 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Warner Bros. Discovery, Inc. (WBD) CIK: 0001437107 --- Reporting Owner --- Name: LOWE KENNETH W CIK: 0001186933 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Series A Common Stock Date: 2026-08-11 | Code: S (Open market sale) Shares: -120,000 | Price: $26.97 Total Value: $3,236,400.00 Shares Owned After: 990,108 | Ownership: D (Direct) --- Holdings --- [Holding #1] Security: Series A Common Stock Ownership: I (Indirect) Footnotes: [F1] The reporting person was appointed trustee of The Lowe Family Trust, UAD 11/16/2006, as amended, on March 17, 2025. The reporting person and members of his family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the Series A common stock held by the trust except to the extent of his pecuniary interest therein. --- Footnotes (Complete Index) --- F1: The reporting person was appointed trustee of The Lowe Family Trust, UAD 11/16/2006, as amended, on March 17, 2025. The reporting person and members of his family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the Series A common stock held by the trust except to the extent of his pecuniary interest therein. --- Signature --- /s/ Tara L. Smith, by power of attorney (2026-08-12)