Warner Bros. Discovery, Inc. reported merger-related dispositions associated with director Geoffrey Y. Yang on October 6, 2026, when WBD became a wholly owned subsidiary of Skydance Corporation. The reported dispositions included 77,946 Series A common shares held directly, 98,285 shares held indirectly through limited partnerships, and a separate 16,106-share entry tied to deferred-stock-unit settlement. Common shares converted into rights to receive $31.01666668 per share. The merger also cancelled 24,000 deferred stock units and 9,067 vested restricted stock units for cash settlement, less applicable withholding taxes.
Warner Bros. Discovery, Inc. director Anthony Noto reported a disposition to the issuer of 45,306 Series A shares on October 6, 2026, at a reported $31.0167 per share; his reported direct Series A holdings afterward were zero. Under the merger terms, each share issued and outstanding immediately before the Effective Time, except as otherwise provided in the Merger Agreement, converted into a right to $31.01666668 in cash without interest. Noto also reported disposition of 9,067 RSUs, amended for cash-only settlement; outstanding vested RSUs were cancelled and converted to cash less applicable withholding taxes.
Warner Bros. Discovery, Inc. director Fazal F. Merchant reported a disposition to the issuer of 24,000 Series A shares on October 6, 2026; under the merger terms, each share converted into a right to receive $31.01666668 in cash, without interest. His reported direct Series A share balance after the transaction was zero.
Separately, 9,067 restricted stock units were amended effective October 2, 2026, to settle solely in cash. Each RSU represents cash equal to one share’s value upon vesting, and the merger terms cancel vested RSUs for cash, less applicable withholding taxes.
Warner Bros. Discovery, Inc. director Anton J. Levy reported disposition to the issuer of 585,000 Series A common shares on October 6, 2026. Under the merger terms, each share was converted into the right to receive $31.0167 in cash, without interest; the report lists 0 Series A common shares following the transaction. No Rule 10b5-1 plan is reported.
At the merger’s effective time, 33,067 deferred stock units were canceled and converted into cash, less applicable withholding taxes, payable at the same time as the DSUs. Their terms had been amended effective October 2, 2026, to provide for cash-only settlement. Paramount Skydance Corporation’s subsidiary merged into WBD, which survived as Paramount’s wholly owned subsidiary.
Warner Bros. Discovery, Inc. director Joseph Levin reported the disposition of 10,537 Series A common shares on October 6, 2026, at $31.0167 per share, leaving no Series A common shares directly held. Under the merger terms, each outstanding share converted into a right to receive $31.01666668 in cash, without interest. Separately, 33,067 deferred stock units were amended effective October 2, 2026, to settle solely in cash and were converted at the merger's effective time into a cash right, less applicable withholding taxes.