Atlanta Braves Holdings, Inc. (BATRA) insider sells 3,830 Series C shares
Rhea-AI Filing Summary
Atlanta Braves Holdings, Inc. reported that its EVP, CFO & Treasurer converted 7,660 restricted stock units into Series C Common Stock on December 11, 2025, at an exercise price of $0 per share. On December 12, 2025, the executive sold 3,830 Series C shares in an open-market transaction coded as a sale, at a weighted average price of $39.70.
The sale was carried out under a Rule 10b5-1 sales plan adopted on May 15, 2025 and was intended to cover tax withholding obligations tied to the RSU vesting. The price range for the sale was from $39.37 to $40.12. After these transactions, the executive directly held 79,460 Series C shares, and the remaining restricted stock units continue vesting in tranches, with the final portion scheduled to vest on December 11, 2026.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series C Common Stock | 3,830 | $39.70 | $152K |
| Exercise | Restricted Stock Units - BATRK | 7,660 | $0.00 | -- |
| Exercise | Series C Common Stock | 7,660 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit converted into one share of Series C Common Stock. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on May 15, 2025 and was intended to cover tax withholding obligations in connection with the vesting and settlement of the restricted stock units. Reflects the weighted average sale price. The range of prices for such transaction is $39.37 to $40.12. 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. Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock. One-third of the restricted stock unit award vested on each of December 11, 2024 and 2025, and the remaining restricted stock units vest on December 11, 2026.
FAQ
What insider transaction did Atlanta Braves Holdings, Inc. (BATRA) report?
The company reported that its EVP, CFO & Treasurer converted 7,660 restricted stock units into Series C Common Stock on December 11, 2025, then sold 3,830 Series C shares on December 12, 2025 in an open-market sale.
Was the Atlanta Braves Holdings insider sale made under a Rule 10b5-1 plan?
Yes. The sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on May 15, 2025, and was intended to cover tax withholding obligations related to the RSU vesting and settlement.
How do the restricted stock units in this Atlanta Braves Holdings Form 4 vest?
According to the disclosure, one-third of the restricted stock unit award vested on each of December 11, 2024 and December 11, 2025, and the remaining restricted stock units are scheduled to vest on December 11, 2026.
What type of securities are involved in this Atlanta Braves Holdings insider transaction?
The transaction involves Series C Common Stock (ticker BATRK) and related restricted stock units, with each restricted stock unit representing a contingent right to receive one share of Series C Common Stock.