Liberty Broadband (LBRDA) director reports multiple insider stock sales

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Liberty Broadband director J. David Wargo reported open-market sales of company stock. On February 10, 2026, he sold 12,392 Series A Common shares at a weighted average price of $57.1721, leaving 19,150 Series A shares held directly.

He also sold 32,058 Series C Common shares at a weighted average price of $57.3457, with 38,057 Series C shares held directly afterward. Additional sales involved 530 Series A and 1,702 Series C shares held by his spouse; he reports these but disclaims beneficial ownership of those spouse-held shares.

Insider Trade Summary

Net Seller: 46,682 shares ($2,675,450)

Net Sell 4 txns

Insider WARGO J DAVID

Role Director

Sold 46,682 shs ($2.68M)

Type	Security	Shares	Price	Value
Sale	Series A Common Stock	12,392	$57.1721	$708K
Sale	Series C Common Stock	32,058	$57.3457	$1.84M
Sale	Series A Common Stock	530	$57.48	$30K
Sale	Series C Common Stock	1,702	$57.65	$98K

Holdings After Transaction: Series A Common Stock — 19,150 shares (Direct); Series C Common Stock — 38,057 shares (Direct); Series A Common Stock — 471 shares (Indirect, By Spouse); Series C Common Stock — 1,452 shares (Indirect, By Spouse)

Footnotes (1)

The price is a weighted average price. These shares were sold in multiple transactions ranging from $56.82 to $57.48, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. The price is a weighted average price. These shares were sold in multiple transactions ranging from $56.95 to $57.65, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. The reporting person disclaims beneficial ownership of these shares owned by his spouse.

Form 4 Insider Transactions: What Each Field Means →

02/11/2026 - 04:14 PM

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^*

WARGO J DAVID

(Last)

(First)

(Middle)

12300 LIBERTY BLVD.

(Street)

ENGLEWOOD

80112

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Broadband Corp [ LBRDK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Series A Common Stock	02/10/2026		S		12,392	D	$57.1721⁽¹⁾	19,150	D
Series C Common Stock	02/10/2026		S		32,058	D	$57.3457⁽²⁾	38,057	D
Series A Common Stock	02/10/2026		S		530	D	$57.48	471	I	By Spouse⁽³⁾
Series C Common Stock	02/10/2026		S		1,702	D	$57.65	1,452	I	By Spouse⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price is a weighted average price. These shares were sold in multiple transactions ranging from $56.82 to $57.48, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

2. The price is a weighted average price. These shares were sold in multiple transactions ranging from $56.95 to $57.65, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

3. The reporting person disclaims beneficial ownership of these shares owned by his spouse.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for J. David Wargo	02/11/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Liberty Broadband (LBRDA) disclose?

Liberty Broadband disclosed that director J. David Wargo reported multiple open-market stock sales on February 10, 2026. He sold Series A and Series C Common shares held directly, and reported additional sales of shares held by his spouse, which he disclaims beneficial ownership of.

How many Liberty Broadband Series A shares did J. David Wargo sell?

J. David Wargo sold 12,392 Liberty Broadband Series A Common shares in open-market transactions at a weighted average price of $57.1721. After these sales, he directly held 19,150 Series A shares, according to the Form 4 insider transaction disclosure.

What Liberty Broadband Series C stock sales were reported in this Form 4?

The filing shows Wargo sold 32,058 Liberty Broadband Series C Common shares at a weighted average price of $57.3457. Following these transactions, he directly owned 38,057 Series C shares, as reflected in the reported post-transaction share balances.

Were any Liberty Broadband shares sold that are owned by J. David Wargo’s spouse?

Yes. The Form 4 reports sales of 530 Series A and 1,702 Series C Liberty Broadband shares held by Wargo’s spouse. He reports these as indirect holdings but expressly disclaims beneficial ownership of the spouse-owned shares in a footnote.

On what date did the reported Liberty Broadband insider sales occur?

All reported transactions occurred on February 10, 2026. On that date, director J. David Wargo executed open-market sales in both Series A and Series C Liberty Broadband Common Stock, including shares held directly and shares held by his spouse.

At what price range were Liberty Broadband shares sold in these transactions?

The reported weighted average prices were $57.1721 for Series A and $57.3457 for Series C shares. Footnotes state these sales occurred in multiple trades, with Series A between $56.82–$57.48 and Series C between $56.95–$57.65 per share.