Liberty Media (NASDAQ: FWONA) officer uses 7,791 shares for taxes

Rhea-AI Filing Summary

Liberty Media Corp Chief Legal/Admin Officer Renee L. Wilm disposed of 7,791 shares of Series C Liberty Formula One common stock at $85.48 per share to satisfy tax withholding obligations. After this tax-withholding disposition, she directly owns 27,187 shares.

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^*

Wilm Renee L

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal/Admin Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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 Liberty Formula One Common Stock	03/05/2026		F		7,791	D	$85.48	27,187	D

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:

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Renee L. Wilm	03/09/2026
	** 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 (FWONA) report?

Liberty Media reported that Chief Legal/Admin Officer Renee L. Wilm disposed of 7,791 Series C Liberty Formula One shares at $85.48 each. The transaction was a tax-withholding disposition rather than an open-market sale, and it adjusted her direct holdings.

Who is the insider involved in the FWONA Form 4 filing?

The insider is Renee L. Wilm, Liberty Media’s Chief Legal/Admin Officer. She reported a tax-withholding disposition of 7,791 Series C Liberty Formula One shares, a routine step tied to equity compensation rather than a discretionary market trade.

How many FWONK shares did the Liberty Media insider dispose of?

Renee L. Wilm disposed of 7,791 shares of Series C Liberty Formula One common stock at $85.48 per share. The disposal was for tax withholding purposes connected to equity awards, not a standard open-market sale of shares.

How many Liberty Media shares does the insider hold after this transaction?

After the tax-withholding disposition, Renee L. Wilm directly holds 27,187 shares of Series C Liberty Formula One common stock. This figure reflects her remaining direct ownership following the 7,791-share transaction reported in the Form 4 filing.

Was the FWONA insider transaction a sale in the open market?

No, the transaction was coded as “F,” indicating payment of tax liability by delivering securities. This means the 7,791 shares were used to cover taxes associated with equity compensation, not sold by the insider in the open market.