STOCK TITAN

Liberty Broadband (LBRDA) CEO gets 16,722 performance-based Series C shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Liberty Broadband Corp President and CEO Martin Edward Patterson reported an acquisition of 16,722 shares of Series C Common Stock on August 5, 2026. According to the filing, these shares are to be issued after certification that performance criteria for performance-based restricted stock units granted on August 21, 2025 were satisfied.

Following this award, Patterson directly holds 19,438 shares of Series C Common Stock at a reported transaction price of $0.0000 per share, reflecting equity compensation rather than an open-market purchase.

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Insider Patterson Martin Edward
Role President and CEO
Type Security Shares Price Value
Grant/Award Series C Common Stock F1 16,722 $0.00 $0.00
Holdings After Transaction: Series C Common Stock — 19,438 shares (Direct)
Footnotes (1)
  1. F1. Represents shares of Series C Common Stock to be issued as a result of the certification on August 5, 2026 of the satisfaction of performance criteria established for the performance-based restricted stock units granted to the reporting person on August 21, 2025.
Shares acquired 16,722 shares Series C Common Stock awarded upon performance certification on August 5, 2026
Shares owned after transaction 19,438 shares Direct holdings of CEO Martin Edward Patterson following the award
Reported transaction price $0.0000 per share Price reported for the equity award of Series C Common Stock
Certification date August 5, 2026 Date performance criteria for the performance-based RSUs were certified as satisfied
Original RSU grant date August 21, 2025 Grant date of the performance-based restricted stock units that led to the share issuance
Series C Common Stock financial
"Represents shares of Series C Common Stock to be issued as a result of the certification"
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.
performance-based restricted stock units financial
"performance criteria established for the performance-based restricted stock units granted to the reporting person"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
performance criteria financial
"certification on August 5, 2026 of the satisfaction of performance criteria established for the units"

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

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FAQ

What insider transaction did Liberty Broadband (LBRDA) report for its CEO?

Liberty Broadband reported that CEO Martin Edward Patterson acquired 16,722 shares of Series C Common Stock. The shares relate to performance-based restricted stock units whose performance criteria were certified as satisfied on August 5, 2026, triggering the share issuance.

Was the Liberty Broadband (LBRDA) CEO’s Form 4 transaction an open-market stock purchase?

No. The Form 4 shows the CEO’s acquisition of 16,722 shares at a reported price of $0.0000 per share. The shares are being issued as equity compensation tied to performance-based restricted stock units, not bought in the open market.

How many Liberty Broadband (LBRDA) shares does the CEO own after this Form 4 transaction?

After this transaction, CEO Martin Edward Patterson directly holds 19,438 shares of Liberty Broadband’s Series C Common Stock. This reflects the addition of 16,722 performance-based shares awarded upon certification that the related performance criteria were met.

What performance grant led to the Liberty Broadband (LBRDA) CEO receiving 16,722 shares?

The 16,722 shares stem from performance-based restricted stock units granted on August 21, 2025. On August 5, 2026, performance criteria for these units were certified as satisfied, resulting in shares of Series C Common Stock being issued to the CEO.

Does the Liberty Broadband (LBRDA) CEO’s Form 4 indicate a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox in the filing is not marked as affirmative. The reported transaction is an equity award based on certified performance criteria, rather than a scheduled purchase or sale under a Rule 10b5-1 trading plan.
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
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)
08/05/2026
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 C Common Stock08/05/2026A16,722(1)A$0.000019,438D
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
Explanation of Responses:
1. Represents shares of Series C Common Stock to be issued as a result of the certification on August 5, 2026 of the satisfaction of performance criteria established for the performance-based restricted stock units granted to the reporting person on August 21, 2025.
/s/ Brittany A. Uthoff as Attorney-in-Fact for Martin E. Patterson08/06/2026
** 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)