Warner Bros. Discovery, Inc. — Director's Dealing 2025

Nov 28, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Warner Bros. Discovery, Inc. (WBD)
CIK: 0001437107
Period of Report: 2025-11-26

Reporting Person: Locke Lori C. (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-26	Series A Common Stock	S	5000	$23.25	Disposed	145084	Direct
2025-11-28	Series A Common Stock	S	5000	$23.83	Disposed	140084	Direct

Footnotes

F1: As previously disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, the Reporting Person entered into a trading arrangement pursuant to Rule 10b5-1 on August 28, 2025. These sales were made pursuant to that trading arrangement.