John Malone boosts Atlanta Braves (BATRA) stake with new stock buys

Rhea-AI Filing Summary

John C. Malone, a 10% owner of Atlanta Braves Holdings, Inc., reported open-market-like purchases of the company’s common stock. On February 5, 2026, he acquired 35,000 shares of Series A Common Stock at a weighted average price of $44.23, bringing his direct Series A holdings to 521,862 shares. On February 4, 2026, he purchased 3,669 shares of Series B Common Stock in a private transaction at $48.17, and now directly holds 3,669 Series B shares. He also has indirect exposure through entities: 887,079 Series B shares are held by JCM AB LLC, and 10,177 Series A and 47,585 Series B shares are held by the Leslie A. Malone 1995 Revocable Trust, for which he disclaims beneficial ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MALONE JOHN C

(Last) (First) (Middle)

12300 LIBERTY BOULEVARD

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlanta Braves Holdings, Inc. [ BATRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Series A Common Stock	02/05/2026		P		35,000	A	$44.23(1)	521,862	D
Series B Common Stock(2)	02/04/2026		P		3,669	A	$48.17(3)	3,669	D
Series B Common Stock(2)								887,079	I	JCM AB LLC
Series A Common Stock								10,177	I	Leslie A. Malone 1995 Revocable Trust(4)
Series B Common Stock(2)								47,585	I	Leslie A. Malone 1995 Revocable Trust(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the weighted average sale price. The range of prices for such transaction is $43.66 to $44.74. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price will be provided.

2. Each share of Series B Common Stock is convertible, at the holder's election, into one share of Series A Common Stock, at any time for no consideration other than the surrender of the share of Series B Common Stock for each share of Series A Common Stock.

3. Shares purchased in a private transaction, not on the open market.

4. The reporting person disclaims beneficial ownership of these shares.

	/s/ Greg Heller, Attorney-in-Fact	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did John C. Malone report for Atlanta Braves Holdings (BATRA)?

John C. Malone reported buying 35,000 Series A shares at a weighted average of $44.23 and 3,669 Series B shares at $48.17. These purchases increased his direct holdings in both share classes of Atlanta Braves Holdings.

How many Atlanta Braves (BATRA) Series A shares does John C. Malone now hold directly?

After the reported purchases, John C. Malone directly holds 521,862 shares of Series A Common Stock. This total reflects his acquisition of 35,000 additional Series A shares on February 5, 2026, at a weighted average price of $44.23 per share.

What are John C. Malone’s Series B holdings in Atlanta Braves (BATRA) after these transactions?

John C. Malone directly owns 3,669 Series B Common shares after buying that amount on February 4, 2026, at $48.17 per share. In addition, 887,079 Series B shares are held indirectly through JCM AB LLC associated with him.

How are trust-held Atlanta Braves (BATRA) shares related to John C. Malone reported?

Shares held by the Leslie A. Malone 1995 Revocable Trust include 10,177 Series A and 47,585 Series B shares. The filing notes that the reporting person disclaims beneficial ownership of these trust-held shares, even though they are reported as indirect holdings.

What special features apply to Atlanta Braves (BATRA) Series B Common Stock in this filing?

Each share of Series B Common Stock is convertible into one share of Series A Common Stock at the holder’s election for no additional consideration, other than surrendering the Series B share. This gives holders flexibility to switch into the more widely traded class.

Were John C. Malone’s recent Atlanta Braves (BATRA) transactions open-market or private?

The Series B shares were purchased in a private transaction, not on the open market. The Series A transaction was executed at a weighted average price between $43.66 and $44.74, indicating multiple trades around the reported average price.