Wiedenfels Gunnar 4

4 · Warner Bros. Discovery, Inc. · Filed Mar 5, 2026

Form 4

Period: 2026-03-03

Chief Financial Officer

Transactions

Tax Payment
Series A Common Stock
2026-03-03$28.20/sh−29,401$829,108→ 1,309,150 total
Sale
Series A Common Stock
[F1]
2026-03-03$28.25/sh−617,580$17,446,635→ 691,570 total
Exercise/Conversion
Series A Common Stock
2026-03-04$15.02/sh+91,418$1,373,098→ 782,988 total
Sale
Series A Common Stock
[F2]
2026-03-04$28.05/sh−91,418$2,564,275→ 691,570 total
Exercise/Conversion
Series A Common Stock
2026-03-04$8.67/sh+131,127$1,136,871→ 822,697 total
Sale
Series A Common Stock
[F2]
2026-03-04$28.05/sh−131,127$3,678,112→ 691,570 total
Exercise/Conversion
Series A Common Stock
2026-03-04$11.02/sh+123,588$1,361,940→ 815,158 total
Sale
Series A Common Stock
[F2]
2026-03-04$28.05/sh−123,588$3,466,643→ 691,570 total
Sale
Series A Common Stock
[F2]
2026-03-04$28.05/sh−28,190$790,730→ 663,380 total
Exercise/Conversion
Employee Stock Option (right to acquire)
[F3]
2026-03-04−91,418→ 0 total
Exercise: $15.02From: 2024-03-01Exp: 2030-03-01→ Series A Common Stock (91,418 underlying)
Exercise/Conversion
Employee Stock Option (right to acquire)
[F4]
2026-03-04−131,127→ 135,102 total
Exercise: $8.67From: 2025-03-01Exp: 2031-03-01→ Series A Common Stock (131,127 underlying)
Exercise/Conversion
Employee Stock Option
[F5]
2026-03-04−123,588→ 250,924 total
Exercise: $11.02From: 2026-03-03Exp: 2032-03-03→ Series A Common Stock (123,588 underlying)

Holdings

Footnotes (5)

[F1]The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.17 to $28.44 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
[F2]The price reported represents the weighted average price of shares of Series A common stock sold in multiple transactions at prices ranging from $27.93 to $28.19 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
[F3]This option vests in three installments (33%, 33%, 34%) beginning on March 1, 2024.
[F4]As initially granted, this option vests in three substantially equal annual installments beginning March 1, 2025.
[F5]This option vests in three installments (33%, 33%, 34%) beginning on March 3, 2026.

Signature

Tara L. Smith, by power of attorney|2026-03-05

Documents

1 file