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

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Warner Bros. Discovery, Inc. (WBD)
CIK: 0001437107
Period of Report: 2025-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-28	Series A Common Stock	F	68269	$11.46	Disposed	989447	Direct
2025-03-03	Series A Common Stock	A	185428	—	Acquired	1174875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-03	Employee Stock Option	$11.02	A	397919	Acquired	2032-03-03	Series A Common Stock (397919)	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 installments (33%, 33%, 34%) beginning on March 3, 2026.