[Form 4] GCI Liberty, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GCI Liberty, Inc. President and CEO Ronald A. Duncan reported multiple equity compensation transactions in Series C GCI Group Common Stock (GLIBK). On February 20, 2026, 1,158 restricted stock units were exercised into the same number of GLIBK shares at $0.00 per share, and 7,706 shares were disposed of at $39.70 per share to satisfy tax withholding obligations, leaving 127,107 directly held shares. On February 10, 2026, he received a grant of 18,423 shares following certification that performance criteria for previously granted performance-based restricted stock units were met, and certain additional shares are held indirectly through a 401(k) plan, family entities, and his spouse, with beneficial ownership partially disclaimed in line with the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,158 shares exercised/converted
Mixed
9 txns
Insider
DUNCAN RONALD A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - GLIBK | 1,158 | $0.00 | -- |
| Exercise | Series C GCI Group Common Stock | 1,158 | $0.00 | -- |
| Tax Withholding | Series C GCI Group Common Stock | 7,706 | $39.70 | $306K |
| Grant/Award | Series C GCI Group Common Stock | 18,423 | $0.00 | -- |
| holding | Series C GCI Group Common Stock | -- | -- | -- |
| holding | Series C GCI Group Common Stock | -- | -- | -- |
| holding | Series C GCI Group Common Stock | -- | -- | -- |
| holding | Series C GCI Group Common Stock | -- | -- | -- |
| holding | Series C GCI Group Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units - GLIBK — 0 shares (Direct);
Series C GCI Group Common Stock — 134,813 shares (Direct);
Series C GCI Group Common Stock — 557 shares (Indirect, By 401(k) Savings Plan)
Footnotes (1)
- Represents shares of Series C GCI Group Common Stock ("GLIBK") to be issued as a result of the certification on February 10, 2026 of the satisfaction of performance criteria established for the performance-based restricted stock units granted to the Reporting Person on August 21, 2025. Each restricted stock unit converted into one share of GLIBK. The number of shares reported as held in the Reporting Person's 401(k) is based on a statement from the Plan Administrator dated as of January 31, 2026. The Reporting Person owns 55% of 560 Company, Inc. and has voting and dispositive power over these shares. A trust (the "Trust") which the Reporting Person's spouse serves as trustee and his adult daughter is the principal beneficiary owns the remaining 45% of 560 Company, Inc. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. RAD, LLC has a 25% ownership interest in and is the managing member of Missy, LLC. The Reporting Person's spouse has a 25% ownership interest in Missy, LLC and the Reporting Person's adult daughter holds the remaining 50% ownership interest in Missy, LLC. Accordingly, the Reporting Person may be deemed to be the indirect beneficial owner of certain Issuer's securities owned by Missy, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. The Reporting Person has a 0.1% ownership interest in and is the controlling member of RAD, LLC and the Trust holds the remaining 99.9% ownership interest of RAD, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. The Reporting Person disclaims beneficial ownership of these shares owned by his spouse. Each restricted stock unit represents a contingent right to receive one share of GLIBK. This restricted stock unit was previously reported to vest on March 15, 2026. Vesting of this restricted stock unit was accelerated to correspond with the vesting of the performance-based restricted stock units granted to the Reporting Person on August 21, 2025 as referenced in Footnote 1.
FAQ
What insider transactions did GCI Liberty (GLIBA) report for Ronald A. Duncan?
Ronald A. Duncan reported exercising 1,158 restricted stock units into GLIBK shares and a tax-withholding disposition of 7,706 shares at $39.70 per share. He also received 18,423 performance-based shares after meeting established criteria on February 10, 2026.
What performance-based award did Ronald A. Duncan receive from GCI Liberty on February 10, 2026?
On February 10, 2026, Ronald A. Duncan received 18,423 GLIBK shares after certification that performance criteria for previously granted performance-based restricted stock units were satisfied. Each restricted stock unit converted into one share of GLIBK, according to the accompanying footnotes.
How are Ronald A. Duncan’s indirect GCI Liberty holdings structured according to the Form 4 footnotes?
Indirect holdings are reported through a 401(k) plan, 560 Company, Inc., Missy, LLC, RAD, LLC, and his spouse. The footnotes explain varying ownership percentages and control, and Duncan disclaims beneficial ownership in several cases except to the extent of his pecuniary interest.
Did GCI Liberty accelerate any vesting of Ronald A. Duncan’s restricted stock units?
One restricted stock unit previously reported to vest on March 15, 2026 had its vesting accelerated. The vesting was aligned with performance-based restricted stock units granted on August 21, 2025, following certification of the satisfaction of performance criteria on February 10, 2026.