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

Role: Chief Rev & Strategy Officer
Signature: Tara L. Smith, Attorney-in-Fact
Stock symbol: WBD
Transactions as of: Feb 28, 2025
Transactions value $: -$782,363
Form type: 4
Date filed: 3/4/2025, 04:46 PM
Previous filing: Dec 10, 2024
Next filing: Mar 7, 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	-$782K	-68.3K	-6.45%	$11.46	989K	Feb 28, 2025	Direct
transaction	WBD	Series A Common Stock	Award	$0	+185K	+18.74%	$0.00	1.17M	Mar 3, 2025	Direct
holding	WBD	Series A Common Stock						210K	Feb 28, 2025	By spouse as trustee for children
holding	WBD	Series A Common Stock						145K	Feb 28, 2025	By LLC through grantor retained annuity trust

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	+398K	+100%	$0.00	796K	Mar 3, 2025	Series A Common Stock	398K	$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.