{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-25-000157","form_type":"8-K/A","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2025-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.292429+00:00","generated_at":"2026-05-19T04:31:00.895962+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"WBD CEO Zaslav gets 20.9M stock options tied to separation; Wiedenfels set as CEO of Global Networks","bullets":["Zaslav receives 20,898,776 performance- and time-based stock options; 92% forfeitable if separation not completed by Dec 31, 2026.","Post-separation, Zaslav's base salary drops to $3M, bonus target to $6M; annual equity target $15.5M in first year then $7.5M.","Wiedenfels employment agreement contingent on separation; he becomes CEO of Global Networks with $2.5M salary, 350% bonus target, $16M annual equity target.","Performance-vesting options in three tranches: WBD stock prices $12.19, $15.24, $16.76 achieved over 30 consecutive days.","Single-trigger change-in-control severance eliminated for Zaslav effective immediately; replaced with double-trigger provision."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-25-000157","json":"https://secwatch.observer/filing/0001437107-25-000157.json","markdown":"https://secwatch.observer/filing/0001437107-25-000157.md","text":"https://secwatch.observer/filing/0001437107-25-000157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000157/0001437107-25-000157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000157/disca-20250612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T04:31:00.895962+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":"b793541dfa","claim":"Gunnar Wiedenfels was appointed as CEO of Global Networks at Warner Bros. Discovery, Inc..","evidence_excerpt":"the terms and conditions of his employment as the CEO of Global Networks after the Separation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000157/0001437107-25-000157-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"CEO of Global Networks"}],"fact_type":"executive_change"},{"claim_id":"e104b2ef57","claim":"David Zaslav was appointed as Chief Executive Officer at Warner Bros. Discovery, Inc..","evidence_excerpt":"Mr. Zaslav is anticipated to become the CEO of Streaming & Studios.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000157/0001437107-25-000157-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}