GCI Liberty (GLIBA) reports 696 GLIBK shares via rights offering exercise
Rhea-AI Filing Summary
GCI Liberty, Inc. reported that Chief Legal/Admin Officer Renee L. Wilm exercised subscription rights to acquire 696 shares of Series C GCI Group common stock (GLIBK) on December 11, 2025 at an exercise price of $27.2 per share. Following this transaction, she beneficially owned 2,509 shares directly. The derivative subscription rights covering 696 underlying shares were fully exercised, leaving no derivative securities outstanding. These rights were issued in a rights offering that commenced on November 26, 2025 and is scheduled to expire at 5:00 p.m., New York City time, on December 17, 2025, unless terminated or extended by the issuer.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Subscription Right (Right to Buy) - GLIBK | 696 | $0.00 | -- |
| Exercise | Series C GCI Group Common Stock | 696 | $27.20 | $19K |
Footnotes (1)
- The rights offering is subject to termination or extension by the Issuer at any time prior to consummation. The rights offering commenced on November 26, 2025. The rights offering will expire at 5:00 p.m., New York City time, on December 17, 2025 unless extended by the Issuer.
FAQ
What insider transaction did GCI Liberty's officer report in this Form 4 for GLIBA?
Renee L. Wilm, Chief Legal/Admin Officer of GCI Liberty, Inc., reported exercising subscription rights to acquire 696 shares of Series C GCI Group common stock (GLIBK) on December 11, 2025 at an exercise price of $27.2 per share.
What was the exercise price of the GLIBK subscription rights reported in the Form 4?
The subscription rights (Right to Buy) - GLIBK were exercised at a conversion or exercise price of $27.2 per share of Series C GCI Group common stock.
When did GCI Liberty's GLIBK rights offering begin and when does it expire?
The rights offering commenced on November 26, 2025 and will expire at 5:00 p.m., New York City time, on December 17, 2025, unless extended by the issuer. It is also stated that the rights offering is subject to termination or extension by the issuer at any time prior to consummation.
What derivative security was involved in this GCI Liberty Form 4 filing?
The filing reports a Subscription Right (Right to Buy) - GLIBK as the derivative security. These subscription rights entitled the holder to acquire 696 shares of Series C GCI Group common stock, which were exercised on December 11, 2025.
Is this GCI Liberty Form 4 filed by one reporting person or multiple persons?
The document indicates that the Form is filed by one reporting person, not by more than one reporting person.