Liberty Media Corp (FWONK) director reports grant of 4,633 stock options

Rhea-AI Filing Summary

Liberty Media Corp director Larry E. Romrell reported receiving a stock option on December 3, 2025 covering 4,633 shares of Series C Liberty Formula One common stock (FWONK) at an exercise price of $92.29 per share.

The option becomes exercisable on December 3, 2026 and expires on December 3, 2032, and he beneficially owns 4,633 of these derivative securities directly following this grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ROMRELL LARRY E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy) - FWONK	4,633	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) - FWONK — 4,633 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

ROMRELL LARRY E

(Last) (First) (Middle)

12300 LIBERTY BOULEVARD

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [ FWONK ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2025

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

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
Stock Option (Right to Buy) - FWONK	$92.29	12/03/2025		A		4,633		12/03/2026	12/03/2032	Series C Liberty Formula One Common Stock	4,633	$0.0000	4,633	D

Explanation of Responses:

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Larry E. Romrell	12/05/2025
	** 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

What insider transaction did Liberty Media Corp FWONK report in this Form 4?

A stock option (right to buy) on 4,633 shares of Series C Liberty Formula One common stock (FWONK) was reported, with an exercise price of $92.29 per share.

Who is the reporting person in this Liberty Media Corp (FWONK) filing and what is their role?

The reporting person is Larry E. Romrell, who is identified as a director of Liberty Media Corp, with the Form 4 signed by Brittany A. Uthoff as attorney-in-fact.

When was the stock option for Liberty Media Corp FWONK granted and when does it become exercisable?

The stock option was granted on December 3, 2025 and becomes exercisable on December 3, 2026.

What is the expiration date and exercise price of the Liberty Media FWONK stock option reported?

The option expires on December 3, 2032 and has an exercise price of $92.29 per share for the underlying Series C Liberty Formula One common stock.

How many derivative securities does the Liberty Media Corp director own after this FWONK option grant?

Following the reported transaction, the director beneficially owns 4,633 derivative securities, held with direct ownership.

Does this Liberty Media FWONK Form 4 involve non-derivative securities?

The provided tables show activity only in derivative securities (a stock option on FWONK); the non-derivative securities table does not list any transactions in the excerpt.