Liberty Broadband insider settles 2,850 RSUs
Liberty Broadband Corp executive Renee L. Wilm, Chief Legal/Admin Officer, reported transactions in Series C Common Stock.
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Rhea-AI Filing Summary
Liberty Broadband Corp executive Renee L. Wilm, Chief Legal/Admin Officer, reported transactions in Series C Common Stock. On August 10, 2026, 2,850 restricted stock units converted into 2,850 shares of Series C Common Stock. In a related transaction, 971 of these shares at $35.88 per share were delivered or withheld for payment of exercise price or tax liability. Footnotes state each restricted stock unit represents a contingent right to one share and reference a merger agreement with Charter Communications under which issuer restricted stock units become fully vested following the merger, with acceleration permitted within 10 business days of August 19, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units-LBRDK F2, F3 | 2,850 | $0.00 | $0.00 |
| Exercise | Series C Common Stock F1 | 2,850 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Series C Common Stock | 971 | $35.88 | $35K |
Footnotes (3)
- F1. Each restricted stock unit converted into one share of Series C Common Stock.
- F2. Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock.
- 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
Key Terms
Restricted Stock Units financial
Payment of exercise price or tax liability financial
Agreement and Plan of Merger regulatory
Acceleration financial
FAQ
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What insider transactions did Liberty Broadband (LBRDK) report for Renee L. Wilm?
What type of securities did the Liberty Broadband (LBRDK) restricted stock units convert into?
What role does Renee L. Wilm hold at Liberty Broadband (LBRDK)?
How are Liberty Broadband (LBRDK) restricted stock units defined in this filing?
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