Liberty Broadband (NASDAQ: LBRDK) legal chief reports open-market share sale
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 239 shares ($7,963)
Net Sell
1 txn
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)
Key Figures
Shares sold: 239 shares
Sale price: $33.318 per share
Shares held after transaction: 10,433 shares
3 metrics
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
Key Terms
Form 4, open-market sale, Series C Common Stock, non-derivative
4 terms
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"
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.
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.