{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-415055","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2026-10-06T14:03:07+00:00","discovered_at":"2026-10-06T14:04:00.260636+00:00","generated_at":"2026-10-12T16:28:35.568532+00:00","sec_items":["1.01","1.02","2.01","2.03","3.01","3.03","5.01","5.03","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Skydance closes $78B acquisition of Warner Bros. Discovery; WBD holders get $31.0167/share cash","bullets":["Skydance (f/k/a Paramount Skydance) closed its $78B acquisition of WBD on Oct 6, 2026; each WBD share converted into $31.01666668 cash, including $0.00277778/day ticking consideration.","WBD became a wholly owned subsidiary of SKYD; aggregate merger consideration ~$78B, funded by equity and debt financing. WBD notified Nasdaq to halt trading and delist; Form 25/15 to follow.","CEO David Zaslav separated from WBD on Oct 6, 2026; CFO Gunnar Wiedenfels, Bruce Campbell and Priya Aiyar separate Oct 16. Board including Zaslav, Levin and Noto ceased at closing.","Transaction bonuses: WBD approved up to $38.7M cash program; Wiedenfels gets $2,142,401, Campbell $2,946,000 and Perrette $2,850,000, vested at closing and payable within 60 days.","WBD ratified defective corporate acts: 396,804 RSUs granted after the Plan's May 20, 2025 expiration and 120,000 shares issued; statutory notice gives stockholders 120 days to challenge."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-415055","json":"https://secwatch.observer/filing/0001193125-26-415055.json","markdown":"https://secwatch.observer/filing/0001193125-26-415055.md","text":"https://secwatch.observer/filing/0001193125-26-415055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000119312526415055/0001193125-26-415055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000119312526415055/d200872d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:28:35.568532+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"07c0282cc4","claim":"Lori Locke departed as other_named_officer at Warner Bros. 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Sanchez and Geoffrey Y. Yang ceased to be a director of WBD as of the Effective Time.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000119312526415055/0001193125-26-415055-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"20ac09097d","claim":"Anton J. Levy departed as Director at Warner Bros. Discovery, Inc..","evidence_excerpt":"In accordance with the terms of the Merger Agreement, as a result of the Merger, each of Samuel A. Di Piazza, Jr., David M. Zaslav, Richard W. Fisher, Paul A. Gould, Debra L. Lee, Joseph M. Levin, Anton J. Levy, Kenneth W. Lowe, Fazal Merchant, Anthony J. Noto, Paula A. Price, Daniel E. Sanchez and Geoffrey Y. Yang ceased to be a director of WBD as of the Effective Time.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000119312526415055/0001193125-26-415055-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"32479e9182","claim":"Paula A. Price departed as Director at Warner Bros. Discovery, Inc..","evidence_excerpt":"In accordance with the terms of the Merger Agreement, as a result of the Merger, each of Samuel A. Di Piazza, Jr., David M. Zaslav, Richard W. Fisher, Paul A. Gould, Debra L. Lee, Joseph M. Levin, Anton J. Levy, Kenneth W. Lowe, Fazal Merchant, Anthony J. Noto, Paula A. Price, Daniel E. Sanchez and Geoffrey Y. 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