Liberty Broadband Form 4: 378,373 CHTR shares sold to issuer
Rhea-AI Filing Summary
Liberty Broadband Corporation reported an insider transaction in Charter Communications. On 10/14/2025, it sold 378,373 Class A shares of Charter at $264.29 per share, in a transaction with the issuer that was exempt under Rule 16b-3 and carried out pursuant to existing stockholder agreements. Following this sale, Liberty Broadband beneficially owns 42,382,227 shares of Charter, held indirectly through wholly-owned subsidiaries. Liberty Broadband is disclosed as a Director and 10% Owner.
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Insights
Block sale to issuer under Rule 16b-3; administrative, not thesis-changing.
Liberty Broadband disclosed a sale of 378,373 Charter Class A shares at $264.29 on 10/14/2025. The shares were sold to the issuer in an exempt transaction under Rule 16b-3, referencing the Second Amended and Restated Stockholders Agreement and subsequent amendments.
Such insider-to-issuer transactions are permitted when structured under approved plans and do not imply open‑market selling. Liberty Broadband remains a significant holder with 42,382,227 shares reported as indirectly owned through subsidiaries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 378,373 | $264.29 | $100.00M |
Footnotes (1)
- F1. Such shares were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended, pursuant to the terms of the Second Amended and Restated Stockholders Agreement, dated as of May 23, 2015, as amended, by and among, among others, the Issuer, Advance/Newhouse Partnership and the Reporting Person, the letter agreement, dated February 23, 2021, between the Issuer and the Reporting Person, and Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement, dated as of November 12, 2024, by and among, among others, the Issuer and the Reporting Person.
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