Liberty Broadband CAO reports RSU vesting

Rhea-AI Filing Summary

Liberty Broadband Corp officer Brian J. Wendling (CAO/PFO) reported the automatic vesting and conversion of 1,461 restricted stock units into an equal number of shares of Series C Common Stock on August 10, 2026, following an acceleration provision tied to a previously signed merger agreement with Charter Communications, Inc.

Of the shares received, 498 shares of Series C Common Stock were delivered or withheld at a price of $35.88 per share for payment of exercise price or tax liability. The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.

Insider Trade Summary

1,461 shares exercised/converted

Exercise 3 txns

Insider Wendling Brian J

Role CAO/PFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units-LBRDK F2, F3	1,461	$0.00	$0.00
Exercise	Series C Common Stock F1	1,461	$0.00	$0.00
Exercise Price or Tax Liability	Series C Common Stock	498	$35.88	$18K

Holdings After Transaction: Restricted Stock Units-LBRDK — 0 contracts (Direct); Series C Common Stock — 15,518 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit converted into one share of Series C Common Stock.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock.
3. F3. On November 12, 2024, the Issuer and Charter Communications, Inc. ("Charter"), among others, entered into an Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the Merger Agreement, restricted stock units of the Issuer shall automatically become fully vested, within 10 business days of the closing of the merger contemplated therein (the "Acceleration"). The Issuer and Charter entered into a consent letter pursuant to which the parties agreed to permit such Acceleration to occur within 10 business days of August 19, 2026.

Key Figures

RSUs converted: 1,461 shares Shares delivered/withheld: 498 shares Per-share price for withholding: $35.88 per share +2 more

5 metrics

RSUs converted 1,461 shares Restricted Stock Units converted into Series C Common Stock on August 10, 2026

Shares delivered/withheld 498 shares Series C Common Stock delivered or withheld for exercise price or tax liability

Per-share price for withholding $35.88 per share Price used for 498 shares delivered or withheld for exercise price or tax liability

Exercise/Conversion transactions 1 transaction Derivative exercise or conversion reported with code M

Exercise price or tax dispositions 1 transaction; 498 shares Code F disposition for payment of exercise price or tax liability

Key Terms

Restricted Stock Units, Series C Common Stock, Agreement and Plan of Merger, Rule 10b5-1, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit converted into one share of Series C Common Stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Series C Common Stock financial

"Each restricted stock unit converted into one share of Series C Common Stock."

Series C common stock is a specific class of a company’s ordinary shares that is labeled “Series C” to distinguish its rights and history from other share classes. Investors should care because these shares can carry different voting power, dividend rules, or priority if the company is sold, so owning Series C is like having a particular model of a product with slightly different features that affect control, payout and value compared with other share classes.

Agreement and Plan of Merger regulatory

"entered into an Agreement and Plan of Merger (the "Merger Agreement")."

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Rule 10b5-1 regulatory

"The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan."

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

exercise price or tax liability financial

"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

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

What insider transactions did Liberty Broadband (LBRDA) report for Brian J. Wendling?

Brian J. Wendling reported conversion of 1,461 restricted stock units into Series C Common Stock on August 10, 2026, with 498 shares delivered or withheld to cover exercise price or tax liability.

How many Liberty Broadband (LBRDA) RSUs vested and converted in this Form 4?

A total of 1,461 restricted stock units vested and converted into 1,461 shares of Series C Common Stock. Each restricted stock unit converted into one share as disclosed in the transaction footnotes.

What price was used for shares withheld in the Liberty Broadband (LBRDA) Form 4?

For the 498 shares of Series C Common Stock delivered or withheld for exercise price or tax liability, the transaction used a price of $35.88 per share, according to the non-derivative transaction data.

Was the Liberty Broadband (LBRDA) insider transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The transactions are instead linked to automatic vesting and conversion under merger-related acceleration provisions.

How is the Liberty Broadband (LBRDA) merger with Charter referenced in this Form 4?

A footnote states an Agreement and Plan of Merger with Charter Communications, Inc. provides that restricted stock units become fully vested within 10 business days of a specified date, explaining the August 10, 2026 acceleration.

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

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Available on EDGAR 08/12/2026 - 04:28 PM Accepted by SEC EDGAR 08/12/2026 - 04:27 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^*

Wendling Brian J

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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
Series C Common Stock	08/10/2026		M		1,461	A	$0(1)	16,016	D
Series C Common Stock	08/10/2026		F		498	D	$35.88	15,518	D

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
Restricted Stock Units-LBRDK	(2)	08/10/2026		M			1,461	(3)	(3)	Series C Common Stock	1,461	$0.0000	0.0000	D

Explanation of Responses:

1. Each restricted stock unit converted into one share of Series C Common Stock.

2. Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock.

3. On November 12, 2024, the Issuer and Charter Communications, Inc. ("Charter"), among others, entered into an Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the Merger Agreement, restricted stock units of the Issuer shall automatically become fully vested, within 10 business days of the closing of the merger contemplated therein (the "Acceleration"). The Issuer and Charter entered into a consent letter pursuant to which the parties agreed to permit such Acceleration to occur within 10 business days of August 19, 2026.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling	08/12/2026
	** 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)