Warner Bros. Discovery granted CEO Zaslav 1,963,465 restricted stock units to make up for a higher option exercise price

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On Jan 5, 2026, Warner Bros. Discovery granted CEO David Zaslav restricted stock units for 1,963,465 shares, after its compensation committee chose that method to address the effect of a higher stock price on the value of his follow-on stock options. Those 3,052,734 options were granted on Jan 2, 2026 at an exercise price of $28.51, the closing price of the common stock that day, against $10.16 for his earlier signing options. The restricted stock units had the same vesting terms as the signing options. The 8-K, which reports events from Jan 5, 2026, is on the SEC's EDGAR database.1^,2^,3^,4^,5^,6^,7