WBD 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—288,000 granted in June 2025 and 108,804 in June 2026. The company had already issued 120,000 shares to five directors on June 9, 2026; under the merger agreement with Paramount Skydance, outstanding awards and issued stock will convert into cash payments based on the per-share merger consideration, while WBD also restated its certificate of incorporation and bylaws at the merger’s effective time.