Atlanta Braves Holdings (BATRK) insider discloses RSU vesting and sale details

Rhea-AI Filing Summary

A senior insider of Atlanta Braves Holdings, Inc. who serves as chairman, president and CEO and a 10% owner reported equity award activity in Series C common stock.

On December 11, 2025, 15,042 restricted stock units converted into the same number of Series C shares at $0. On December 12, 2025, 6,688 shares were sold at a weighted average price of $39.72 to cover tax withholding, leaving 248,695 Series C shares held directly.

An additional 265,000 Series C shares are held indirectly through a trust. The restricted stock units vest in three equal installments on December 11, 2024, 2025 and 2026.

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

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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^*

MCGUIRK TERENCE F

(Last) (First) (Middle)

C/O ATLANTA BRAVES HOLDINGS, INC.

755 BATTERY AVENUE SE

(Street)

ATLANTA GA 30339

(City) (State) (Zip)

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

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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 C Common Stock	12/11/2025		M		15,042	A	$0(1)	255,383	D
Series C Common Stock	12/12/2025		S(2)		6,688	D	$39.72(3)	248,695	D
Series C Common Stock								265,000	I	By 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
Restricted Stock Units - BATRK	(5)	12/11/2025		M			15,042	(6)	(6)	Series C Common Stock	15,042	$0	15,042	D

Explanation of Responses:

1. Each restricted stock unit converted into one share of Series C Common Stock.

2. The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of the restricted stock units.

3. 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.

4. Reflects shares held in a family trust for which the reporting person's spouse is trustee and the reporting person's children are beneficiaries.

5. Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock.

6. 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.

	/s/ Kerry T. Wenzel, Attorney-in-Fact	12/15/2025
	** 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).
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FAQ

What insider transaction did Atlanta Braves Holdings, Inc. (BATRK) report?

The filing reports that a senior insider of Atlanta Braves Holdings, Inc. had 15,042 restricted stock units convert into Series C common shares and then sold 6,688 of those shares.

How many restricted stock units vested on December 11, 2025 for Atlanta Braves Holdings (BATRK)?

On December 11, 2025, 15,042 restricted stock units vested and converted into 15,042 shares of Series C common stock.

At what price were Atlanta Braves Holdings (BATRK) shares sold to cover taxes?

The insider sold 6,688 Series C shares at a weighted average price of $39.72 per share, with individual sale prices ranging from $39.37 to $40.12, to cover tax withholding obligations.

How many Series C shares does the insider own after the reported Atlanta Braves (BATRK) transactions?

After the reported transactions, the insider holds 248,695 Series C common shares directly and 265,000 Series C shares indirectly through a trust.

What is the vesting schedule for the Atlanta Braves (BATRK) restricted stock units?

One-third of the restricted stock unit award vested on December 11, 2024, another one-third on December 11, 2025, and the remaining units vest on December 11, 2026.

Why did the Atlanta Braves (BATRK) insider sell 6,688 Series C shares?

The 6,688 Series C shares were sold to cover tax withholding obligations related to the vesting and settlement of the restricted stock units.