Liberty Broadband CEO reports RSU conversion, share delivery

Liberty Broadband Corp President and CEO Martin Edward Patterson reported equity award-related transactions in Liberty Broadband Series C Common Stock.

Rhea-AI Filing Summary

Liberty Broadband Corp President and CEO Martin Edward Patterson reported equity award-related transactions in Liberty Broadband Series C Common Stock. On August 10, 2026, 414 restricted stock units converted into 414 shares of Series C Common Stock, in connection with an Agreement and Plan of Merger with Charter Communications, Inc. that provides for accelerated vesting within 10 business days of August 19, 2026. On the same date, 7,767 shares of Series C Common Stock were delivered or withheld at $35.88 per share for payment of exercise price or tax liability.

Insider Trade Summary

414 shares exercised/converted

Exercise 3 txns

Insider Patterson Martin Edward

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units-LBRDK F2, F3	414	$0.00	$0.00
Exercise	Series C Common Stock F1	414	$0.00	$0.00
Exercise Price or Tax Liability	Series C Common Stock	7,767	$35.88	$279K

Holdings After Transaction: Restricted Stock Units-LBRDK — 0 contracts (Direct); Series C Common Stock — 12,085 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: 414 shares Shares delivered/withheld: 7,767 shares Per-share value for tax/exercise: $35.88 per share +2 more

5 metrics

RSUs converted 414 shares Restricted stock units converted into Series C Common Stock on August 10, 2026

Shares delivered/withheld 7,767 shares Series C Common Stock delivered or withheld for exercise price or tax liability

Per-share value for tax/exercise $35.88 per share Price applied to 7,767-share delivery/withholding on August 10, 2026

RSU conversion ratio 1:1 Each restricted stock unit converted into one share of Series C Common Stock

Acceleration window 10 business days RSUs to become fully vested within 10 business days of August 19, 2026

Key Terms

Restricted Stock Units, Series C Common Stock, Agreement and Plan of Merger, Payment of exercise price or tax liability, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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

"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.

Payment of exercise price or tax liability financial

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

Acceleration financial

"permitted such Acceleration to occur within 10 business days"

FAQ

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

What did Liberty Broadband (LBRDA) CEO Martin Patterson report in this Form 4?

Martin Edward Patterson reported equity award-related transactions on August 10, 2026, including RSUs converting into Series C Common Stock and shares delivered or withheld to cover exercise price or tax liability.

How many Liberty Broadband (LBRDA) RSUs converted to stock for the CEO?

A total of 414 restricted stock units converted into 414 shares of Liberty Broadband Series C Common Stock, as part of equity awards linked to the company’s Agreement and Plan of Merger with Charter Communications, Inc.

Why were 7,767 Liberty Broadband (LBRDA) shares disposed of by the CEO?

Patterson reported 7,767 shares of Series C Common Stock were delivered or withheld at $35.88 per share for payment of exercise price or tax liability, a non-market transaction typical for covering equity award obligations.

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

A footnote explains an Agreement and Plan of Merger with Charter, under which Liberty Broadband restricted stock units automatically become fully vested within 10 business days of the merger-related date of August 19, 2026.

Were Liberty Broadband (LBRDA) CEO’s transactions under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked, and no footnote indicates a trading plan, so these reported transactions are not identified as occurring under a Rule 10b5-1 plan.

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^*

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)

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

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		414	A	$0(1)	19,852	D
Series C Common Stock	08/10/2026		F		7,767	D	$35.88	12,085	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			414	(3)	(3)	Series C Common Stock	414	$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 Martin E. Patterson	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.
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* Form 4: SEC 1474 (03-26)