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Liberty Broadband (NASDAQ: LBRDK) legal chief reports open-market share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Liberty Broadband Corp Chief Legal/Admin Officer Renee L. Wilm reported an open-market sale of 239 shares of Series C Common Stock at $33.318 per share. After this transaction on June 15, 2026, she directly held 10,433 shares, so the sale reflects a relatively small portion of her stake.

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Insider Wilm Renee L
Role Chief Legal/Admin Officer
Sold 239 shs ($8K)
Type Security Shares Price Value
Sale Series C Common Stock 239 $33.318 $8K
Holdings After Transaction: Series C Common Stock — 10,433 shares (Direct, null)
Footnotes (1)
Shares sold 239 shares Open-market sale of Series C Common Stock on June 15, 2026
Sale price $33.318 per share Price for the 239 shares sold
Shares held after transaction 10,433 shares Direct holdings following the June 15, 2026 sale
Form 4 regulatory
"The sale was reported on a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 239 shares of Series C Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Series C Common Stock financial
"239 shares of Series C Common Stock at $33.318 per share"
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.
non-derivative financial
"She sold Liberty Broadband’s Series C Common Stock, a non-derivative equity security"
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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*
Wilm Renee L

(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)
Chief Legal/Admin Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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 Stock06/15/2026S239D$33.31810,433D
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:
/s/ Brittany A. Uthoff as Attorney-in-Fact for Renee L. Wilm06/16/2026
** 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)

FAQ

What insider transaction did Liberty Broadband (LBRDA) report for Renee L. Wilm?

Liberty Broadband reported that Chief Legal/Admin Officer Renee L. Wilm sold 239 shares of Series C Common Stock in an open-market transaction. The sale was reported on a Form 4 insider filing and reflects a routine update to her disclosed share ownership.

At what price did Renee L. Wilm sell Liberty Broadband (LBRDA) shares?

Renee L. Wilm sold 239 shares of Liberty Broadband Series C Common Stock at $33.318 per share. This price reflects the transaction value reported in the Form 4 filing and is used to calculate the proceeds of this specific insider sale.

How many Liberty Broadband (LBRDA) shares does Renee L. Wilm hold after the sale?

Following the 239-share sale, Renee L. Wilm directly holds 10,433 shares of Liberty Broadband Series C Common Stock. This post-transaction figure is disclosed in the Form 4 and shows her remaining direct ownership after the reported open-market sale.

What type of security did Renee L. Wilm sell in Liberty Broadband (LBRDA)?

She sold Liberty Broadband’s Series C Common Stock, a non-derivative equity security. The Form 4 identifies the security title and confirms that the trade involved actual common shares rather than options or other derivative instruments.

Was the Liberty Broadband (LBRDA) insider transaction a purchase or a sale?

The transaction was a sale. The Form 4 classifies it with transaction code “S” and describes it as an open-market sale, indicating that shares were disposed of rather than acquired in this particular insider trading event.