Gerhard Zeiler - 28 Feb 2025 Form 4 Insider Report for Warner Bros. Discovery, Inc. (WBD)

Role: President, International
Signature: Tara L. Smith, by power of attorney
Issuer symbol: WBD
Transactions as of: 28 Feb 2025
Net transactions value: -$554,698
Form type: 4
Filing time: 04 Mar 2025, 16:43:26 UTC
Previous filing: 19 Feb 2025
Next filing: 07 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WBD	Series A Common Stock	Tax liability	$554,698	-48,403	-5.1%	$11.46	904,710	28 Feb 2025	Direct
transaction	WBD	Series A Common Stock	Award	$0	+130,891	+14%	$0.000000	1,035,601	03 Mar 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WBD	Employee Stock Option	Award	$0	+280,884		$0.000000	280,884	03 Mar 2025	Series A Common Stock	280,884	$11.02	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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