Warner Bros. Discovery (WBD) CLO awarded 88,747 common shares

Rhea-AI Filing Summary

Warner Bros. Discovery, Inc. reported that Chief Legal Officer Priya Aiyar received an award of 88,747 shares of Series A Common Stock. The shares were acquired as a grant or award with a reported price of $0.00 per share, indicating a compensatory, non‑purchase transaction.

After this award, Aiyar is reported as directly owning 1,157,351 shares of Series A Common Stock. This filing records an increase in her equity stake through company-granted stock rather than open‑market activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Aiyar Priya

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Series A Common Stock	88,747	$0.00	--

Holdings After Transaction: Series A Common Stock — 1,157,351 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Aiyar Priya

(Last) (First) (Middle)

230 PARK AVENUE SOUTH

(Street)

NEW YORK NY 10003

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Warner Bros. Discovery, Inc. [ WBD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Series A Common Stock	03/02/2026		A		88,747	A	$0	1,157,351	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Tara L. Smith, by power of attorney	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Warner Bros. Discovery (WBD) disclose in this Form 4 filing?

Warner Bros. Discovery disclosed that Chief Legal Officer Priya Aiyar received an award of 88,747 Series A Common Stock shares. The transaction is reported as a grant or award acquisition at a price of $0.00 per share, increasing her direct holdings.

How many Warner Bros. Discovery (WBD) shares did Priya Aiyar acquire?

Priya Aiyar acquired 88,747 shares of Warner Bros. Discovery Series A Common Stock. The Form 4 identifies the transaction as a grant, award, or other acquisition, rather than a market purchase, with a reported price of $0.00 per share for the awarded stock.

What is Priya Aiyar’s total Warner Bros. Discovery (WBD) share ownership after this grant?

Following the grant, Priya Aiyar is reported as directly owning 1,157,351 shares of Warner Bros. Discovery Series A Common Stock. This total reflects her holdings after the 88,747-share grant, based on the ownership figure disclosed in the Form 4 filing.

Was cash paid for the Warner Bros. Discovery (WBD) shares granted to Priya Aiyar?

No cash consideration is indicated for this grant; the transaction reports a price of $0.00 per share. This suggests the 88,747 shares of Series A Common Stock were received as a company stock award rather than through an open‑market purchase.

Is the Priya Aiyar transaction in Warner Bros. Discovery (WBD) shares a buy or a grant?

The transaction is classified as a grant or award acquisition, not an open‑market buy. The Form 4 uses transaction code “A” for grant, award, or other acquisition, and lists 88,747 Series A Common Stock shares at a reported price of $0.00 per share.

What role does Priya Aiyar hold at Warner Bros. Discovery (WBD) in this Form 4?

In this Form 4, Priya Aiyar is identified as an officer of Warner Bros. Discovery, serving as Chief Legal Officer. The reported transaction reflects an increase in her direct equity ownership through a grant of 88,747 Series A Common Stock shares.