WBD ratifies 396,804 director RSU grants made after plan expiration
Filed with the SEC on · Summarized by InvestorsBot
Warner Bros. Discovery’s board ratified on October 2, 2026, grants covering 396,804 restricted stock units made after the company’s 2005 director incentive plan expired on May 20, 2025, including 288,000 RSUs granted in June 2025 and 108,804 in June 2026. The company also validated 120,000 shares issued to five directors on June 9, 2026; under WBD’s merger agreement with Paramount Skydance, the outstanding awards and issued shares are expected to convert into cash payments based on the merger consideration, and stockholders do not need to approve the ratification.