Charter merger leaves Liberty Broadband (LBRDA) insider at 0%

Rhea-AI Filing Summary

Liberty Broadband Corporation (LBRDA) is the subject of an amended Schedule 13D filed by reporting person Ronald A. Duncan regarding Liberty Broadband's Series A Cumulative Redeemable Preferred Stock. This Amendment No. 1 is characterized as a final, exit filing.

The filing explains that, under an Agreement and Plan of Merger among Liberty Broadband, Charter Communications, Inc. and merger subsidiaries, a two-step merger combination was completed on August 19, 2026. As part of this Combination, each share of Liberty Broadband Series A Cumulative Redeemable Preferred Stock was automatically converted into one share of Charter’s newly issued Series A cumulative redeemable preferred stock. Following this conversion, Ronald A. Duncan beneficially owns zero shares of Liberty Broadband Preferred Stock and no longer holds more than five percent of that class.

Filing Explained

This is Ronald A. Duncan’s final Schedule 13D/A exit filing: after the completed merger, he reports zero Liberty Broadband preferred shares and no other transactions in the preceding 60 days, closing his above-five-percent ownership report.

Key Figures

Beneficially owned shares of Preferred Stock: 0.00 shares Percent of class represented: 0.0 % Conversion ratio: 1 share for 1 share +1 more

4 metrics

Beneficially owned shares of Preferred Stock 0.00 shares Reported for Ronald A. Duncan as of August 19, 2026 following completion of the Merger

Percent of class represented 0.0 % Ronald A. Duncan’s beneficial ownership of Liberty Broadband Series A Preferred Stock after the Merger

Conversion ratio 1 share for 1 share Each Liberty Broadband Series A Preferred share converted into one Charter Series A cumulative redeemable preferred share

Date of Merger completion August 19, 2026 Date on which the Combination under the Merger Agreement was completed

Key Terms

Series A Cumulative Redeemable Preferred Stock, Agreement and Plan of Merger, beneficial owner, Combination

4 terms

Series A Cumulative Redeemable Preferred Stock financial

"Title of Class of Securities: Series A Cumulative Redeemable Preferred Stock"

Agreement and Plan of Merger regulatory

"the Issuer 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.

beneficial owner financial

"the Reporting Person ceased to be the beneficial owner of more than five percent"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

Combination financial

"the Upstream Merger", and together with the Merger, the "Combination""

FAQ

What does this Schedule 13D/A filing say about Ronald A. Duncan’s ownership in Liberty Broadband (LBRDA) preferred stock?

It states that as of August 19, 2026, after completion of the merger with Charter, Ronald A. Duncan beneficially owns zero shares of Liberty Broadband’s Series A Cumulative Redeemable Preferred Stock and has ceased to be the beneficial owner of more than five percent of that class.

What happened to Liberty Broadband’s Series A Cumulative Redeemable Preferred Stock in the Charter merger?

On August 19, 2026, each share of Liberty Broadband Series A Cumulative Redeemable Preferred Stock was automatically converted into one share of Charter Communications’ newly issued Series A cumulative redeemable preferred stock, par value $0.001 per share, upon completion of the merger transactions.

Why is this Schedule 13D/A for Liberty Broadband (LBRDA) described as a final amendment?

The Amendment states it is the final amendment to the original Schedule 13D and serves as an exit filing because, following the merger and conversion of the preferred shares, Ronald A. Duncan no longer beneficially owns any Liberty Broadband Preferred Stock.

Did Ronald A. Duncan report any other recent transactions in Liberty Broadband preferred shares?

The filing states that, other than the transactions described relating to the completion of the Combination on August 19, 2026, Ronald A. Duncan has not effected any transactions in the Preferred Stock during the 60 days preceding the date of the Amendment.

What was Ronald A. Duncan’s reported percentage ownership of Liberty Broadband preferred stock after the merger?

After completion of the merger on August 19, 2026, the filing reports that Ronald A. Duncan beneficially owns 0.0% of the outstanding Liberty Broadband Series A Cumulative Redeemable Preferred Stock, with an aggregate beneficial ownership of 0.00 shares.

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Available on EDGAR 08/20/2026 - 08:11 PM Accepted by SEC EDGAR 08/20/2026 - 08:10 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Liberty Broadband Corporation

(Name of Issuer)

Series A Cumulative Redeemable Preferred Stock

(Title of Class of Securities)

530307503

(CUSIP Number)

Ronald A. Duncan
2550 Denali Street, Suite 1000,
Anchorage, AK, 99503
907-868-5600

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/19/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 530307503

1

Name of reporting person

Ronald A. Duncan

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Series A Cumulative Redeemable Preferred Stock
(b)	Name of Issuer: Liberty Broadband Corporation
(c)	Address of Issuer's Principal Executive Offices: 12300 Liberty Boulevard, Englewood, COLORADO , 80112.
Item 1 Comment: This statement on Schedule 13D relates to the Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Preferred Stock"), of Liberty Broadband Corporation, a Delaware corporation (now known as Fusion Merger Sub 1, LLC, the "Issuer" or "Liberty Broadband"). The statement on Schedule 13D originally filed with the Securities and Exchange Commission (the "SEC") by the Reporting Person, Mr. Ronald A. Duncan ("Mr. Duncan" or the "Reporting Person"), on December 23, 2020 (the "Schedule 13D"), is hereby amended and supplemented to include the information set forth herein. This amended statement on Schedule 13D/A (this "Amendment") constitutes Amendment No. 1 to the Schedule 13D (the Schedule 13D, as amended by the Amendment, collectively, the "Statement"). This Amendment is the final amendment to the Schedule 13D and an exit filing for the Reporting Person. Capitalized terms not defined herein have the meanings given to such terms in the Schedule 13D. Except as set forth herein, the Schedule 13D is unmodified. This Amendment is filed to disclose that the Reporting Person ceased to be the beneficial owner of more than five percent of the outstanding shares of Preferred Stock.
Item 2.	Identity and Background
(a)	Ronald A. Duncan
(b)	2550 Denali Street, Suite 1000, Anchorage, Alaska 99503
(c)	President and Chief Executive Officer of Liberty Capital Corporation.
(d)	During the last five years, the Reporting Person has not been charged or convicted in a criminal proceeding.
(e)	During the last five years, the Reporting Person was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, where such person, as result of such proceeding, was or became subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such law.
(f)	USA
Item 4.	Purpose of Transaction
	The information contained in Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information: As previously disclosed by the Issuer, on November 12, 2024, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") with Charter Communications, Inc. ("Charter"), Fusion Merger Sub 1, LLC, a Delaware limited liability company and wholly owned subsidiary of Charter ("Merger LLC"), and Fusion Merger Sub 2, Inc., a Delaware corporation and wholly owned subsidiary of Merger LLC ("Merger Sub"), whereby, subject to the terms thereof, (i) Merger Sub would merge with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as the surviving corporation and a wholly owned subsidiary of Merger LLC, and (ii) the Merger would be immediately followed by a merger of the Issuer, as such surviving corporation, with and into Merger LLC (the "Upstream Merger", and together with the Merger, the "Combination"), with Merger LLC surviving the Upstream Merger as the surviving company and a wholly owned subsidiary of Charter. On August 19, 2026, the transactions contemplated by Merger Agreement, including the Combination, were completed, and each share of Preferred Stock was automatically converted into one validly issued, fully paid and nonassessable share of Charter's newly issued Series A cumulative redeemable preferred stock, par value $0.001 per share, and accordingly, as a result of the completion of the Merger, the Reporting Person disposed of all of the shares of Preferred Stock beneficially owned by the Reporting Person and ceased to be the beneficial owner of any shares of Preferred Stock.
Item 5.	Interest in Securities of the Issuer
(a)	As of August 19, 2026, following the completion of the Merger, the Reporting Person beneficially owns zero shares of Preferred Stock.
(c)	Other than as described in this Amendment (including with respect to the completion of the Combination disclosed in item 4 hereof), the Reporting Person has not effected any transactions with respect to the Preferred Stock during the 60 days preceding the date hereof.
(d)	Not applicable.
(e)	On August 19, 2026, following the completion of the Merger, the Reporting Person ceased to be the beneficial owner of more than five percent of the outstanding shares of Preferred Stock.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ronald A. Duncan

Signature:	/s/ Ronald A. Duncan
Name/Title:	Ronald A. Duncan
Date:	08/20/2026