Warner Bros. Discovery director Anthony Noto received a grant of 9,067 shares of Series A Common Stock as a stock award. The shares were acquired at no cash cost to him, increasing his direct holdings to 52,365 shares after the transaction.
Merchant Fazal F reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Fazal F. Merchant received a grant of 9,067 shares of Series A Common Stock on June 9, 2026 at no cost. Following this award, his direct holdings increased to 104,606 shares, reflecting routine equity-based compensation rather than an open-market purchase.
LOWE KENNETH W reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Kenneth W. Lowe reported a compensation-related grant of 9,067 shares of Series A Common Stock at $0.00 per share. After this award, he directly holds 1,110,108 shares of Series A Common Stock.
The filing also lists 793 shares of Series A Common Stock held indirectly through The Lowe Family Trust. Lowe is trustee and a beneficiary, but he disclaims beneficial ownership of those trust-held shares except for his pecuniary interest.
LEVY ANTON J reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Anton J. Levy reported an equity award of 9,067 shares of Series A Common Stock. The shares were granted at a price of $0.00 per share as a compensation-related award rather than a market purchase. Following this grant, he directly holds 958,067 shares.
LEE DEBRA L reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. reported that director Debra L. Lee received an equity grant of 9,067 shares of Series A Common Stock on June 9, 2026. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. Following this grant, Lee directly holds 75,873 shares of Warner Bros. Discovery common stock.
GOULD PAUL A reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Paul A. Gould received a grant of 9,067 shares of Series A Common Stock as equity compensation. The shares were awarded at no cash cost per share and increased his directly owned position to 253,424 shares. This filing reflects a routine stock award rather than an open-market purchase or sale.
FISHER RICHARD W reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery director Richard W. Fisher received an equity grant of 9,067 shares of Series A Common Stock. The shares were awarded at no purchase price as part of compensation. Following this grant, Fisher directly holds a total of 79,546 shares of Warner Bros. Discovery Series A Common Stock.
Di Piazza Samuel A Jr. reported acquisition or exercise transactions in this Form 4 filing.
Warner Bros. Discovery, Inc. director Samuel A. Di Piazza Jr. reported a stock award of 9,067 shares of Series A Common Stock at $0.00 per share, reflecting a compensation-related grant rather than an open-market purchase. Following this award, his direct holdings total 213,076 shares of Series A Common Stock. The filing also shows an additional 3,443 shares held indirectly through his spouse.
Warner Bros. Discovery, Inc. director Paula A. Price reported an intra-plan transfer involving 11,046 shares of Series A Common Stock valued at $27.00 per share. The move shifted value from the company stock fund to another investment option within the Warner Bros. Discovery, Inc. Non-Employee Directors Deferral Plan.
The filing describes this as a discretionary transaction exempt under Rule 16b-3(f), meaning it is a plan-level reallocation rather than an open-market trade. After this transaction, Price’s directly held Series A Common Stock position reported in the plan totaled 83,151 shares.
Warner Bros. Discovery, Inc. entered into a new First Lien Credit Agreement through its wholly owned subsidiary Discovery Global Holdings, Inc. This agreement provides 7-year $13,000 million U.S. dollar term loans and 7-year €1,717 million Euro term loans, collectively called the Initial Term Loans.
On June 4, 2026, the company borrowed these Initial Term Loans and, together with cash on hand, repaid in full $15,000 million of outstanding loans under its prior Non-Investment Grade Leveraged Bridge Loan Agreement. The new loans mature on June 4, 2033, with the dollar loans amortizing at 1.00% per year.
Interest on the dollar loans is Term SOFR plus 2.50% or a Base Rate plus 1.50%, at the borrower’s option, while the Euro loans carry EURIBOR plus 2.50%. The obligations are secured by liens on substantially all assets of the company and certain subsidiaries and are guaranteed by the same entities that back the existing revolving credit facility. The agreement includes customary covenants and events of default, including provisions tied to significant corporate events such as a change of control.