{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-25-000219","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.411056+00:00","generated_at":"2026-05-16T20:17:41.990279+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Warner Bros. Discovery amends CEO Zaslav's employment agreement amid strategic review","bullets":["Board initiated a strategic review of alternatives after unsolicited interest, considering full-company or separate transactions for Warner Bros. and Discovery Global.","Amendment treats a Reverse Spinoff (spinning off Discovery Global) identically to the original Separation for Zaslav's stock options.","If WBD enters a Qualifying Change-in-Control agreement before Dec 31, 2026, Zaslav's signing options remain outstanding and vest eligible.","Employment term extended to Dec 31, 2030 if a Qualifying CIC Agreement is signed before the outside date, securing Zaslav's leadership.","Internal restructuring transactions necessary for strategic alternatives will not trigger accelerated vesting or change-in-control definitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-25-000219","json":"https://secwatch.observer/filing/0001437107-25-000219.json","markdown":"https://secwatch.observer/filing/0001437107-25-000219.md","text":"https://secwatch.observer/filing/0001437107-25-000219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000219/0001437107-25-000219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000219/disca-20251107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T20:17:41.990279+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}