STOCK TITAN

Liberty Broadband (NASDAQ: LBRDA) details latest insider share moves

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Liberty Broadband Corp (symbol: LBRDA) is the issuer of record for a Form 4 filing submitted to the SEC.

Positive

  • None.

Negative

  • None.
Insider Patterson Martin Edward
Role President and CEO
Type Security Shares Price Value
Disposition Stock Option - LBRDK (Right to Buy) F4, F3 3,804 $0.00 $0.00
Disposition Stock Option - LBRDK (Right to Buy) F4, F3 4,688 $0.00 $0.00
Disposition Stock Option - LBRDK (Right to Buy) F4, F3 3,428 $0.00 $0.00
Disposition Stock Option - LBRDK (Right to Buy) F4, F3 8,159 $0.00 $0.00
Disposition Series A Common Stock F1 270 $0.00 $0.00
Disposition Series A Cumulative Redeemable Preferred Stock F2 225 $0.00 $0.00
Disposition Series C Common Stock F1 12,085 $0.00 $0.00
Holdings After Transaction: Stock Option - LBRDK (Right to Buy) — 0 shares (Direct); Series A Common Stock — 0 shares (Direct); Series A Cumulative Redeemable Preferred Stock — 0 shares (Direct); Series C Common Stock — 0 shares (Direct)
Footnotes (4)
  1. F1. Pursuant to the terms of the Merger Agreement (as defined in the Remarks section), at the effective time of the Merger (as defined in the Remarks section), each share of the Issuer's Series A Common Stock and Series C Common Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into 0.2360 of a share of Charter Communications, Inc. ("Charter") Class A common stock, except that cash (without interest) was paid in lieu of fractional shares.
  2. F2. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of the Issuer's Series A Cumulative Redeemable Preferred Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into one share of newly issued Charter Series A Cumulative Redeemable Preferred Stock.
  3. F3. These options were fully exercisable.
  4. F4. Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the Merger, such stock option of the Issuer was cancelled for no consideration.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
X
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*
Patterson Martin Edward

(Last)(First)(Middle)
12300 LIBERTY BLVD.

(Street)
ENGLEWOOD COLORADO 80112

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Liberty Broadband Corp [ LBRDK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Series A Common Stock08/19/2026D270D$0.0000(1)0.0000D
Series A Cumulative Redeemable Preferred Stock08/19/2026D225D$0.0000(2)0.0000D
Series C Common Stock08/19/2026D12,085D$0.0000(1)0.0000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option - LBRDK (Right to Buy)$108.8208/19/2026D3,804 (3)12/10/2027Series C Common Stock3,804$0.0000(4)0.0000D
Stock Option - LBRDK (Right to Buy)$110.2408/19/2026D4,688 (3)12/10/2027Series C Common Stock4,688$0.0000(4)0.0000D
Stock Option - LBRDK (Right to Buy)$71.1708/19/2026D3,428 (3)12/11/2030Series C Common Stock3,428$0.0000(4)0.0000D
Stock Option - LBRDK (Right to Buy)$72.3108/19/2026D8,159 (3)12/13/2030Series C Common Stock8,159$0.0000(4)0.0000D
Explanation of Responses:
1. Pursuant to the terms of the Merger Agreement (as defined in the Remarks section), at the effective time of the Merger (as defined in the Remarks section), each share of the Issuer's Series A Common Stock and Series C Common Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into 0.2360 of a share of Charter Communications, Inc. ("Charter") Class A common stock, except that cash (without interest) was paid in lieu of fractional shares.
2. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of the Issuer's Series A Cumulative Redeemable Preferred Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into one share of newly issued Charter Series A Cumulative Redeemable Preferred Stock.
3. These options were fully exercisable.
4. Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the Merger, such stock option of the Issuer was cancelled for no consideration.
Remarks:
Pursuant to the Agreement and Plan of Merger, dated as of November 12, 2024 (the "Merger Agreement"), by and among the Issuer, Charter, Fusion Merger Sub 1, LLC, a Delaware limited liability company and wholly owned subsidiary of Charter ("Merger LLC"), and Fusion Merger Sub 2, Inc., a Delaware corporation and wholly owned subsidiary of Merger LLC ("Merger Sub"), on August 19, 2026, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Merger LLC, and immediately following the Merger, the Issuer (as the surviving corporation in the Merger) merged with and into Merger LLC (the "Upstream Merger") with Merger LLC surviving the Upstream Merger as the surviving company and a wholly owned subsidiary of Charter.
/s/ Brittany A. Uthoff as Attorney-in-Fact for Martin E. Patterson08/20/2026
** Signature of Reporting PersonDate
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)