John Malone buys 1,834 GCI Liberty (GLIBA) shares

Rhea-AI Filing Summary

GCI Liberty, Inc. director and 10% owner John C. Malone reported an open-market purchase of 1,834 shares of Series B GCI Group Common Stock at $43.29 per share. Following this transaction, he directly holds 357,739 Series B shares.

The filing also lists indirect holdings of 3,668 shares through the John C. Malone June 2003 Charitable Remainder Unitrust and 11,528 shares through the Leslie A. Malone 1995 Revocable Trust, with a note that he disclaims beneficial ownership of shares owned by his spouse.

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

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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^*

MALONE JOHN C

(Last) (First) (Middle)

12300 LIBERTY BOULEVARD

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GCI Liberty, Inc. [ GLIBK ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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 B GCI Group Common Stock(1)	03/02/2026		P		1,834	A	$43.29	357,739(2)	D
Series B GCI Group Common Stock(1)								3,668(2)	I	John C. Malone June 2003 Charitable Remainder Unitrust
Series B GCI Group Common Stock(1)								11,528	I	Leslie A. Malone 1995 Revocable Trust(3)

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:

1. Each share of Series B GCI Group Common Stock is convertible, at the holder's election, into one share of Series A GCI Group Common Stock, at any time for no consideration other than the surrender of the share of Series B GCI Group Common Stock for each share of Series A GCI Group Common Stock.

2. On September 26, 2025, the John C. Malone June 2003 Charitable Remainder Unitrust, which is wholly owned by the Reporting Person and his spouse, distributed 20,861 shares to the Reporting Person.

3. The reporting person disclaims beneficial ownership of these shares owned by his spouse.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone	03/04/2026
	** 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 John C. Malone report for GCI Liberty (GLIBA)?

John C. Malone reported an open-market purchase of 1,834 shares of GCI Liberty’s Series B GCI Group Common Stock. The transaction was recorded as a purchase at a defined price, increasing his directly held position in this share class.

At what price did John C. Malone buy GCI Liberty Series B shares?

He purchased the Series B GCI Group Common Stock at $43.29 per share. This price applies to the 1,834 shares acquired in the reported open-market transaction, as disclosed in the Form 4 insider trading report.

How many GCI Liberty Series B shares does John C. Malone now hold directly?

After the reported purchase, John C. Malone directly holds 357,739 shares of GCI Liberty’s Series B GCI Group Common Stock. This figure reflects his direct ownership immediately following the 1,834-share open-market acquisition.

What indirect GCI Liberty holdings linked to John C. Malone are disclosed?

The filing lists 3,668 shares held through the John C. Malone June 2003 Charitable Remainder Unitrust and 11,528 shares through the Leslie A. Malone 1995 Revocable Trust. These positions are reported as indirect ownership interests associated with Malone.

What does the Form 4 say about John C. Malone’s spouse’s GCI Liberty shares?

The Form 4 notes that the reporting person disclaims beneficial ownership of shares owned by his spouse. This language indicates the filing records those holdings but states he does not claim beneficial ownership for those particular shares.

Can GCI Liberty Series B shares reported by John C. Malone be converted?

Yes. The filing states each share of Series B GCI Group Common Stock is convertible into one share of Series A GCI Group Common Stock at the holder’s election, for no additional consideration beyond surrendering the Series B share.