Welcome to our dedicated page for WARNER BROS DISCOVERY SEC filings (Ticker: WBD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Warner Bros. Discovery, Inc. filings document operating results, governance and capital-structure disclosures for a global media and entertainment company. Its 8-K reports furnish earnings releases and shareholder letters, report material agreements, describe financing arrangements and record shareholder voting matters.
Proxy materials cover board governance, executive compensation, equity-award disclosures and security-holder votes. The filing record also identifies WBD Series A common stock on the Nasdaq Global Select Market and listed senior notes due 2030 and 2033 on the Nasdaq Global Market.
Warner Bros. Discovery Pres.&CEO, Global Streaming Jean-Briac Perrette sold 659,120 shares of Series A common stock in an open-market transaction at a weighted average price of $27.42 per share.
After this sale, he directly holds 1,173,723 shares. The reported price reflects multiple trades executed between $27.40 and $27.46 per share.
Warner Bros. Discovery director Paul A. Gould sold 600,000 shares of Series A Common Stock in an open‑market transaction. The weighted average sale price was $27.35 per share, with individual trades ranging from $27.26 to $27.41. After these sales, he directly holds 244,357 shares.
Warner Bros. Discovery, Inc. director Fazal F Merchant reported an open-market sale of 35,000 shares of Series A common stock. The shares were sold at a weighted average price of about $27.48 per share, in multiple trades priced between $27.48 and $27.49. After these transactions, Merchant directly holds 95,539 shares of Warner Bros. Discovery common stock.
Warner Bros. Discovery describes a new tax reimbursement agreement with Chief Executive Officer David Zaslav tied to its pending merger with Paramount Skydance Corporation. If he owes excise tax on merger-related payments under the U.S. tax code, the company will reimburse him so his net after-tax position matches a scenario without that excise tax.
The board’s Compensation Committee noted that any reimbursement cost would arise only after the merger closes and would be borne by the surviving corporation. Advisors currently estimate that if the merger closes in 2027, no reimbursement would be expected. Zaslav has agreed to cooperate with Warner Bros. Discovery and Paramount Skydance to use reasonable strategies to reduce any excise tax. The agreement applies solely to this merger and will terminate if the merger agreement ends.
WBD files a Form 144 notice reporting proposed sales of Common Stock that originate from restricted stock vesting under a registered plan. The notice lists multiple grant vesting dates and share quantities and identifies Morgan Stanley Smith Barney LLC as the broker.
Warner Bros. Discovery, Inc. has agreed to be acquired by Paramount Skydance Corporation via a merger under an Agreement and Plan of Merger dated February 27, 2026.
At the Effective Time, each outstanding share of WBD Series A common stock will convert into the right to receive $31.00 in cash, plus a Ticking Consideration if the Closing occurs after September 30, 2026 (accruing at $0.00277778 per day, capped as described). The WBD Board unanimously recommends that stockholders vote FOR adoption of the Merger Agreement at a Special Meeting to be held virtually; approval of the Merger Proposal is a condition to closing. The Merger Agreement includes termination fees of $3 billion (Company Termination Fee) and $7 billion (Regulatory Termination Fee) under specified circumstances.
Issuer submitted a Rule 144 notice for the proposed sale of 35,000 common shares.
The shares are restricted stock that vested under a registered compensation plan on 08/08/2022, and the filing lists an aggregate value of $961,880.50. The filing identifies Morgan Stanley Smith Barney LLC Executive Financial Services as the broker.
Warner Bros. Discovery, Inc. director Debra L. Lee reported a charitable gift of 16,345 shares of Series A Common Stock. The shares were donated to a charitable donor-advised fund and carried no sale price. After this gift, she directly holds 66,806 shares of the stock.
Warner Bros. Discovery, Inc. Chief Revenue & Strategy Officer Bruce Campbell reported two recent transactions in Series A common stock. On March 9, he completed an open-market sale of 41,784 shares at a weighted average price of $27.82 per share, leaving him with 604,666 shares directly owned.
On March 6, a separate transaction labeled as tax-withholding disposition covered 43,578 shares at $27.95 per share, reflecting shares delivered to satisfy tax obligations rather than an open-market sale.