Liberty Broadband disposes 31K Charter shares
Liberty Broadband Corp, a director and more than 10% owner of Charter Communications, disposed of 31,315 shares of Class A common stock back to Charter at $162.86 per share in a transaction classified as a disposition to the issuer.
Rhea-AI Filing Summary
Liberty Broadband Corp, a director and more than 10% owner of Charter Communications, disposed of 31,315 shares of Class A common stock back to Charter at $162.86 per share in a transaction classified as a disposition to the issuer.
After this exempt Rule 16b-3 transaction, Liberty Broadband indirectly holds 38,723,470 Charter shares through wholly owned subsidiaries, indicating only a small reduction in its overall position and no open-market trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 31,315 | $162.86 | $5.10M |
Footnotes (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.
Key Figures
Key Terms
Rule 16b-3 regulatory
Second Amended and Restated Stockholders Agreement regulatory
disposition to issuer financial
indirect ownership financial
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What did Liberty Broadband do in this Charter (CHTR) Form 4 filing?
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