Warner Bros. Discovery ratifies 396,804 director RSUs granted after plan expiration
Filed with the SEC on · Summarized by InvestorsBot
Warner Bros. Discovery’s board ratified on October 2, 2026, 396,804 restricted stock units granted to nonemployee directors after the incentive plan expired on May 20, 2025, including 120,000 shares issued on June 9, 2026. Under the merger agreement with Paramount Skydance Corporation, the outstanding awards and issued stock will convert into rights to receive cash based on the merger consideration; legal challenges to the ratification must be filed within 120 days of October 6, 2026.