Liberty Capital insider settles options for cash

Director and ten percent owner John C. Malone reported cash settlement and expiration of collar-related derivatives tied to Liberty Capital’s Series C GCI Group Common Stock.

Rhea-AI Filing Summary

Liberty Capital Corp/NV (GLIBA) director and ten percent owner John C. Malone reported cash settlements of several components of a previously disclosed zero-cost collar on Series C GCI Group Common Stock. On September 3, 4, and 8, 2026, related put options on 13,400 underlying shares each day were exercised for cash and the paired written call options expired unexercised, disposing of these short derivative positions without reporting changes in underlying share ownership.

Insider Trade Summary

40,200 shares exercised/converted

Exercise 6 txns

Insider MALONE JOHN C

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Derivative Expiration	Call option (obligation to sell) F1, F2, F5	13,400	$0.00	$0.00
In-the-Money Exercise	Put option (right to sell) F1, F2, F5	13,400	$0.00	$0.00
Derivative Expiration	Call option (obligation to sell) F1, F2, F4	13,400	$0.00	$0.00
In-the-Money Exercise	Put option (right to sell) F1, F2, F4	13,400	$0.00	$0.00
Derivative Expiration	Call option (obligation to sell) F1, F2, F3	13,400	$0.00	$0.00
In-the-Money Exercise	Put option (right to sell) F1, F2, F3	13,400	$0.00	$0.00

Holdings After Transaction: Call option (obligation to sell) — 0 contracts (Direct); Put option (right to sell) — 0 contracts (Direct)

Footnotes (5)

1. F1. As previously disclosed by the Reporting Person, on July 15, 2025, the Reporting Person was automatically deemed to have entered into a "zero-cost collar" arrangement with respect to 200,000 shares of the Issuer's Series C GCI Group Common Stock (the "Collar"), pursuant to which he wrote European call options and purchased European put options referencing shares of Series C GCI Group Common Stock. Only one of the options can be in the money on the expiration date, at which time the in-the-money options will be exercised, and the other options will expire. If neither the put options nor the call options are in the money on the expiration date, both the put and call options will expire. The Collar will be settled in cash unless the Reporting Person elects physical settlement.
2. F2. The Collar is divided into 15 components, the first 5 of which are with respect to 13,200 shares of Series C GCI Group Common Stock and the last 10 of which are with respect to 13,400 shares, maturing on sequential trading days over the period beginning on August 18, 2026 and ending on September 8, 2026.
3. F3. On September 3, 2026, the thirteenth component of the Collar settled in cash and the Reporting Person received a cash amount of $53,332. On the same date, the related call option expired unexercised.
4. F4. On September 4, 2026, the fourteenth component of the Collar settled in cash and the Reporting Person received a cash amount of $51,992. On the same date, the related call option expired unexercised.
5. F5. On September 8, 2026, the fifteenth and final component of the Collar settled in cash and the Reporting Person received a cash amount of $56,682. On the same date, the related call option expired unexercised.

Key Figures

Underlying shares per reported component: 13,400 shares Call option reference price: $41.2049 per share Put option reference price: $30.15 per share +5 more

8 metrics

Underlying shares per reported component 13,400 shares Each call and put option on September 3, 4, and 8, 2026 referenced 13,400 shares of Series C GCI Group Common Stock

Call option reference price $41.2049 per share Conversion or exercise price for the written call options under the collar

Put option reference price $30.15 per share Conversion or exercise price for the purchased put options under the collar

Cash received September 3, 2026 $53,332 Cash amount received when the thirteenth component of the collar settled

Cash received September 4, 2026 $51,992 Cash amount received when the fourteenth component of the collar settled

Cash received September 8, 2026 $56,682 Cash amount received when the fifteenth component of the collar settled

Total shares covered by collar 200,000 shares Zero-cost collar referencing 200,000 shares of Series C GCI Group Common Stock

Number of collar components 15 components Zero-cost collar divided into 15 sequentially maturing components from August 18, 2026 to September 8, 2026

Key Terms

zero-cost collar, European call options, European put options, Series C GCI Group Common Stock, +1 more

5 terms

zero-cost collar financial

"deemed to have entered into a "zero-cost collar" arrangement with respect to 200,000 shares"

A zero-cost collar is a hedging strategy where an investor protects a stock holding by buying downside insurance (a put) and offsetting the cost by selling the right to some future upside (a call), arranged so the insurance and sale balance out and no net premium is paid. It matters because it sets a known range of possible outcomes—capping potential losses and gains—so investors trade unlimited risk for predictable, limited returns, much like buying home insurance paid for by agreeing to share future renovation profits.

European call options financial

"pursuant to which he wrote European call options and purchased European put options"

European put options financial

"pursuant to which he wrote European call options and purchased European put options"

Series C GCI Group Common Stock financial

"referencing shares of Series C GCI Group Common Stock"

short derivative position financial

"Expiration of short derivative position"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What derivative transactions did GLIBA insider John C. Malone report on this Form 4?

He reported expiration of written call options and cash settlement of purchased put options under a previously disclosed zero-cost collar referencing 13,400 shares per component of Series C GCI Group Common Stock on September 3, 4, and 8, 2026.

Did the GLIBA Form 4 report changes in ownership of Series C GCI Group Common Stock?

The filing reports expiration and cash settlement of collar-related options tied to Series C GCI Group Common Stock. It describes cash amounts received and short derivative positions expiring unexercised, without reporting resulting underlying share holdings in the structured data.

What cash amounts did John C. Malone receive from the GLIBA collar settlements?

The collar components settled in cash for $53,332 on September 3, 2026, $51,992 on September 4, 2026, and $56,682 on September 8, 2026, as the in-the-money options were exercised and the related call options expired unexercised.

What are the strike prices on the GLIBA collar-related options reported?

Each written call option carried a reference price of $41.2049 per share, and each purchased put option carried a reference price of $30.15 per share, both referencing Series C GCI Group Common Stock for 13,400 underlying shares per reported component.

Was a Rule 10b5-1 trading plan involved in John C. Malone’s GLIBA derivative transactions?

The document-level indicator shows the Rule 10b5-1 box was not checked, and the footnotes describing the zero-cost collar do not state that these transactions were effected under a Rule 10b5-1 or similar pre-arranged trading plan.

How large is the GLIBA zero-cost collar position described in the footnotes?

The collar covers 200,000 shares of Series C GCI Group Common Stock and is divided into 15 components, the first five on 13,200 shares each and the last ten on 13,400 shares each, maturing on sequential trading days from August 18, 2026 through September 8, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 08:50 PM Accepted by SEC EDGAR 09/08/2026 - 08:50 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 COLORADO 80112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Liberty Capital Corp/NV [ GLIBK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Call option (obligation to sell)	$41.2049	09/03/2026		E/K(1)(2)(3)			13,400	(2)	(2)	Series C GCI Group Common Stock	13,400	$0	26,800	D
Put option (right to sell)	$30.15	09/03/2026		X/K(1)(2)(3)			13,400	(2)	(2)	Series C GCI Group Common Stock	13,400	$0	26,800	D
Call option (obligation to sell)	$41.2049	09/04/2026		E/K(1)(2)(4)			13,400	(2)	(2)	Series C GCI Group Common Stock	13,400	$0	13,400	D
Put option (right to sell)	$30.15	09/04/2026		X/K(1)(2)(4)			13,400	(2)	(2)	Series C GCI Group Common Stock	13,400	$0	13,400	D
Call option (obligation to sell)	$41.2049	09/08/2026		E/K(1)(2)(5)			13,400	(2)	(2)	Series C GCI Group Common Stock	13,400	$0	0	D
Put option (right to sell)	$30.15	09/08/2026		X/K(1)(2)(5)			13,400	(2)	(2)	Series C GCI Group Common Stock	13,400	$0	0	D

Explanation of Responses:

1. As previously disclosed by the Reporting Person, on July 15, 2025, the Reporting Person was automatically deemed to have entered into a "zero-cost collar" arrangement with respect to 200,000 shares of the Issuer's Series C GCI Group Common Stock (the "Collar"), pursuant to which he wrote European call options and purchased European put options referencing shares of Series C GCI Group Common Stock. Only one of the options can be in the money on the expiration date, at which time the in-the-money options will be exercised, and the other options will expire. If neither the put options nor the call options are in the money on the expiration date, both the put and call options will expire. The Collar will be settled in cash unless the Reporting Person elects physical settlement.

2. The Collar is divided into 15 components, the first 5 of which are with respect to 13,200 shares of Series C GCI Group Common Stock and the last 10 of which are with respect to 13,400 shares, maturing on sequential trading days over the period beginning on August 18, 2026 and ending on September 8, 2026.

3. On September 3, 2026, the thirteenth component of the Collar settled in cash and the Reporting Person received a cash amount of $53,332. On the same date, the related call option expired unexercised.

4. On September 4, 2026, the fourteenth component of the Collar settled in cash and the Reporting Person received a cash amount of $51,992. On the same date, the related call option expired unexercised.

5. On September 8, 2026, the fifteenth and final component of the Collar settled in cash and the Reporting Person received a cash amount of $56,682. On the same date, the related call option expired unexercised.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone	09/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)