Liberty Media (NASDAQ: FWONA) officer uses 7,791 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilm Renee L
Role
Chief Legal/Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series C Liberty Formula One Common Stock | 7,791 | $85.48 | $666K |
Holdings After Transaction:
Series C Liberty Formula One Common Stock — 27,187 shares (Direct)
Footnotes (1)
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.
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.