[Form 4] Atlanta Braves Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Atlanta Braves Holdings, Inc. (BATRA) reported insider open‑market purchases by a director. The insider bought 31,431 Series A shares on 11/06/2025 at a weighted average price of $41.95 and 23,200 shares on 11/07/2025 at a weighted average price of $41.958.

Following these transactions, direct holdings rose to 427,178 shares. An additional 10,177 shares are reported as indirectly held through the Leslie A. Malone 1995 Revocable Trust, with beneficial ownership disclaimed. The filing notes the trades were aggregated and provides disclosed price ranges of $41.85–$42.00 and $41.76–$42.00.

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
Estimated average burden
hours per response:			0.5

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)
11/06/2025

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	11/06/2025		P		31,431	A	$41.95(1)(2)	403,978	D
Series A Common Stock	11/07/2025		P		23,200	A	$41.958(1)(3)	427,178	D
Series A Common Stock								10,177	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 purchase price. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker dealer. The reporting person reported on a single line all such transactions that occurred within a one-dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price.

2. The range of prices for such transaction is $41.85 to $42.00.

3. The range of prices for such transaction is $41.76 to $42.00.

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

	/s/ Hunter Knowles, Attorney-in-Fact	11/10/2025
	** 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

How many BATRA shares were purchased by the insider?

The insider purchased 31,431 shares on 11/06/2025 and 23,200 shares on 11/07/2025.

What prices were disclosed for the BATRA purchases?

Weighted average prices were $41.95 on 11/06/2025 and $41.958 on 11/07/2025, within disclosed ranges of $41.85–$42.00 and $41.76–$42.00 respectively.

What are the insider’s BATRA holdings after the transactions?

Direct beneficial ownership is reported as 427,178 shares after the transactions.

Were any BATRA shares reported as indirectly held?

Yes, 10,177 shares are indirectly held through the Leslie A. Malone 1995 Revocable Trust, with beneficial ownership disclaimed.

What security class was involved in these BATRA transactions?

The transactions involved Series A Common Stock of Atlanta Braves Holdings, Inc.

How were the trades reported in terms of pricing detail?

Trades were reported using weighted averages; the filer undertook to provide full breakdowns upon request.