Warner Bros. Discovery Files 2024 Proxy Statement

Ticker: WBD · Form: DEF 14A · Filed: 2024-04-19T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, governance

TL;DR

WBD proxy out: exec comp details for 2023, including stock awards.

AI Summary

Warner Bros. Discovery, Inc. filed its DEF 14A on April 19, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation and other corporate governance matters. Key figures related to stock awards granted to their Principal Executive Officer (PEO) in 2023 are reported, including aggregate grant date fair value of stock awards and option awards.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This filing is a routine annual disclosure and does not contain new material risks.

Key Numbers

2023 — Fiscal Year (Reporting period for executive compensation details.)
2022 — Fiscal Year (Comparative financial data.)
2021 — Fiscal Year (Comparative financial data.)

Key Players & Entities

Warner Bros. Discovery, Inc. (company) — Filer
20240419 (date) — Filing Date
2023-12-31 (date) — Fiscal Year End
Discovery, Inc. (company) — Former Company Name

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.

When is the fiscal year end for Warner Bros. Discovery, Inc. as reported in this filing?

The fiscal year end for Warner Bros. Discovery, Inc. is December 31, as indicated by the reporting period dates.

What type of compensation data is highlighted for the PEO in 2023?

The filing highlights aggregate grant date fair value of stock awards and option awards granted to the Principal Executive Officer (PEO) in 2023.

Has Warner Bros. Discovery, Inc. operated under previous names?

Yes, the company was formerly known as Discovery, Inc. and Discovery Communications, Inc.

What is the filing date of this DEF 14A?

This DEF 14A filing was made on April 19, 2024.

From the Filing

0001437107-24-000102.txt : 20240419 0001437107-24-000102.hdr.sgml : 20240419 20240419083138 ACCESSION NUMBER: 0001437107-24-000102 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 114 CONFORMED PERIOD OF REPORT: 20240603 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Warner Bros. Discovery, Inc. CENTRAL INDEX KEY: 0001437107 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] ORGANIZATION NAME: 06 Technology IRS NUMBER: 352333914 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34177 FILM NUMBER: 24855690 BUSINESS ADDRESS: STREET 1: 230 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 212-548-5555 MAIL ADDRESS: STREET 1: 230 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10003 FORMER COMPANY: FORMER CONFORMED NAME: Discovery, Inc. DATE OF NAME CHANGE: 20180306 FORMER COMPANY: FORMER CONFORMED NAME: Discovery Communications, Inc. DATE OF NAME CHANGE: 20080606 DEF 14A 1 wbd-20240419.htm DEF 14A wbd-20240419 0001437107 DEF 14A FALSE 0001437107 2023-01-01 2023-12-31 iso4217:USD 0001437107 2022-01-01 2022-12-31 0001437107 2021-01-01 2021-12-31 0001437107 2020-01-01 2020-12-31 0001437107 wbd:AggregateGrantDateFairValueOfStockAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoMember 2023-01-01 2023-12-31 0001437107 ecd:PeoMember wbd:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember 2023-01-01 2023-12-31 0001437107 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0001437107 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0001437107 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001437107 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001437107 ecd:PeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2023-01-01 2023-12-31 0001437107 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001437107 wbd:AggregateGrantDateFairValueOfStockAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoMember 2022-01-01 2022-12-31 0001437107 ecd:PeoMember wbd:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember 2022-01-01 2022-12-31 0001437107 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-01-01 2022-12-31 0001437107 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-01-01 2022-12-31 0001437107 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001437107 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001437107 ecd:PeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2022-01-01 2022-12-31 0001437107 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001437107 wbd:AggregateGrantDateFairValueOfStockAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoMember 2021-01-01 2021-12-31 0001437107 ecd:PeoMember wbd:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember 2021-01-01 2021-12-31 0001437107 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2021-01-01 2021-12-31 0001437107 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2021-01-01 2021-12-31 0001437107 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001437107 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001437107 ecd:PeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2021-01-01 2021-12-31 0001437107 ec