YANG GEOFFREY Y 4

What Happened

• Geoffrey Y. Yang, a director of Warner Bros. Discovery, received an award of 9,067 shares on 2026-06-09. The shares were reported as acquired at $0.00 per share (transaction type: A — award/grant) and disclosed on an SEC Form 4 filed 2026-06-11.
• This was an equity award/grant (not an open-market purchase or sale), so it reflects compensation/allocation rather than a buy/sell transaction.

Key Details

• Transaction date: 2026-06-09; Form 4 filed: 2026-06-11 (timely filing).
• Shares acquired: 9,067; price per share reported: $0.00 (award/grant).
• Ownership reporting note: Footnote F1 states 39,819 shares that were previously reported as direct ownership are now reported as indirect ownership.
• Beneficial ownership disclaimer: Footnote F2 states the reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
• No 10b5‑1 plan, option exercise, sale, or tax-withholding conversion is indicated in the filing.

Context

• Awards like this are typically part of compensation or board-related grants and do not necessarily indicate a director’s personal buying or selling intent. Because this was an award (not a purchase), it should be viewed as a grant allocation rather than a market-confidence signal.