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: Wiedenfels Gunnar (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-28	Series A Common Stock	F	78928	$11.46	Disposed	1257886	Direct
2025-03-03	Series A Common Stock	A	174521	—	Acquired	1432407	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-03	Employee Stock Option	$11.02	A	374512	Acquired	2032-03-03	Series A Common Stock (374512)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Common Stock	14140	Indirect
Series A Common Stock	13045	Indirect

Footnotes

F1: This option vests in three installments (33%, 33%, 34%) beginning on March 3, 2026.