STOCK TITAN

Liberty Broadband Corp (CHTR) trims Charter stake in issuer transaction

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Liberty Broadband Corp, a director and more than ten percent owner of Charter Communications, Inc., reported an indirect disposition of 9,900 shares of Class A Common Stock on August 13, 2026 in a transaction coded as a disposition to the issuer at $133.86 per share. After this exempt transaction under Rule 16b-3 and related stockholder and letter agreements, Liberty Broadband indirectly holds 38,583,663 Charter shares through wholly owned subsidiaries.

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Insider Liberty Broadband Corp
Role Director, 10% Owner
Type Security Shares Price Value
Disposition Class A Common Stock F1 9,900 $133.86 $1.33M
Holdings After Transaction: Class A Common Stock — 38,583,663 shares (Indirect, Held through wholly-owned subsidiaries)
Footnotes (1)
  1. F1. Such shares were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended, pursuant to the terms of the Second Amended and Restated Stockholders Agreement, dated as of May 23, 2015, as amended, by and among, among others, the Issuer, Advance/Newhouse Partnership and the Reporting Person, the Letter Agreement, dated February 23, 2021, between the Issuer and the Reporting Person, Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement, dated as of November 12, 2024, by and among, among others, the Issuer and the Reporting Person, and the Letter Agreement, dated March 5, 2026, by and among the Issuer, the Reporting Person and Advance/Newhouse Partnership.
Shares disposed 9,900 shares of Class A Common Stock Disposition to issuer on August 13, 2026
Transaction price $133.86 per share Price for the 9,900-share disposition to issuer
Shares held after transaction 38,583,663 shares Indirect holdings through wholly owned subsidiaries after disposition
Rule 16b-3 regulatory
"shares were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Second Amended and Restated Stockholders Agreement regulatory
"pursuant to the terms of the Second Amended and Restated Stockholders Agreement"
indirect financial
"total shares following transaction reported as indirect, held through wholly-owned subsidiaries"
disposition to issuer financial
"transaction coded as a disposition to issuer of 9,900 shares"

FAQ

What did Liberty Broadband Corp report in this Form 4 for CHTR?

Liberty Broadband Corp reported an indirect disposition of 9,900 shares of Charter Class A Common Stock on August 13, 2026, in a transaction coded as a disposition to the issuer at $133.86 per share.

How many CHTR shares does Liberty Broadband hold after this transaction?

Following the reported transaction, Liberty Broadband Corp indirectly holds 38,583,663 shares of Charter Communications Class A Common Stock, with these shares described as held through wholly-owned subsidiaries.

Was Liberty Broadband’s CHTR share sale an open-market transaction?

No. The 9,900 Charter shares were sold to the issuer in an exempt transaction under Rule 16b-3, rather than in the open market, pursuant to specified stockholder and letter agreements.

What price was received for the CHTR shares disposed of by Liberty Broadband?

Liberty Broadband’s reported disposition of Charter Class A Common Stock was at a price of $133.86 per share, with 9,900 shares involved in the transaction coded as a disposition to the issuer.

How is Liberty Broadband’s ownership in CHTR characterized after the Form 4?

Liberty Broadband’s Charter holdings are reported as indirect ownership, with 38,583,663 shares held through wholly-owned subsidiaries, and Liberty is identified as both a director and more than ten percent owner.

Was the CHTR transaction linked to any specific agreements with Liberty Broadband?

Yes. The disposition is described as occurring under Rule 16b-3 pursuant to the Second Amended and Restated Stockholders Agreement and several letter agreements among Charter, Liberty Broadband and Advance/Newhouse Partnership.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Liberty Broadband Corp

(Last)(First)(Middle)
12300 LIBERTY BOULEVARD

(Street)
ENGLEWOOD COLORADO 80112

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CHARTER COMMUNICATIONS, INC. /MO/ [ CHTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/13/2026D(1)9,900D$133.8638,583,663IHeld through wholly-owned subsidiaries
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Such shares were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended, pursuant to the terms of the Second Amended and Restated Stockholders Agreement, dated as of May 23, 2015, as amended, by and among, among others, the Issuer, Advance/Newhouse Partnership and the Reporting Person, the Letter Agreement, dated February 23, 2021, between the Issuer and the Reporting Person, Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement, dated as of November 12, 2024, by and among, among others, the Issuer and the Reporting Person, and the Letter Agreement, dated March 5, 2026, by and among the Issuer, the Reporting Person and Advance/Newhouse Partnership.
Liberty Broadband Corporation By: /s/ Brittany A. Uthoff Name: Brittany A. Uthoff Title: Vice President08/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)