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

Aug 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Warner Bros. Discovery, Inc. (WBD)
CIK: 0001437107
Period of Report: 2025-08-15

Reporting Person: Campbell Bruce (Chief Rev & Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-15	Series A Common Stock	A	21816	—	Acquired	1129907	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-15	Employee Stock Option	$11.85	A	46814	Acquired	2032-08-15	Series A Common Stock (46814)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Common Stock	209700	Indirect
Series A Common Stock	145418	Indirect

Footnotes

F1: This option vests in three annual installments (33%, 33%, 34%) on the first three anniversaries of March 3, 2025.