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[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity

Filing Impact
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Filing Sentiment
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Form Type
4
Rhea-AI Filing Summary

Liberty Broadband Corp. (LBRDK) – Form 4 details equity award adjustments for President & CEO Martin E. Patterson following the 14 Jul 2025 spin-off of GCI Liberty. Because the separation altered the company’s capitalization, the board used Exchange Act Rule 16b-3 to preserve the economic value of all outstanding Series C awards.

On 17 Jul 2025, the reporting person’s holdings were automatically recalibrated (transaction code “J” – corporate action, no open-market trade):

  • Restricted Stock Units: 828 RSUs added and 771 RSUs removed. The remaining 771-unit grant vests 50 % on 9 Dec 2025 and 50 % on 9 Dec 2026.
  • Stock options: Net 20,079 options added and 18,995 options removed across nine series. Strikes now range from $71.17-$118.43 with expirations between 2027-2030; certain tranches are fully exercisable, others keep original vesting (e.g., 3-year graded or 50 %/25 %/25 % retention schedule).

No change to cash compensation, ownership form (all direct), or overall economic exposure occurred. The filing is therefore administrative, signalling neither insider confidence nor concern and bearing minimal immediate valuation impact for investors.

Liberty Broadband Corp. (LBRDK) – Modulo 4 illustra le modifiche agli incentivi azionari per il Presidente e CEO Martin E. Patterson a seguito dello spin-off di GCI Liberty del 14 luglio 2025. Poiché la separazione ha modificato la struttura del capitale, il consiglio ha applicato la Regola 16b-3 dell'Exchange Act per mantenere il valore economico di tutti i premi Serie C in essere.

Il 17 luglio 2025, le partecipazioni del soggetto segnalante sono state automaticamente ricalibrate (codice transazione “J” – azione societaria, senza scambio sul mercato aperto):

  • Unità azionarie vincolate (RSU): aggiunte 828 RSU e rimosse 771 RSU. Il premio residuo di 771 unità si maturerà per il 50% il 9 dicembre 2025 e per il restante 50% il 9 dicembre 2026.
  • Opzioni su azioni: aggiunte nette 20.079 opzioni e rimosse 18.995 opzioni distribuite su nove serie. I prezzi di esercizio variano da $71,17 a $118,43 con scadenze tra il 2027 e il 2030; alcune tranche sono interamente esercitabili, altre mantengono il piano di maturazione originale (ad esempio, maturazione graduale in 3 anni o schema di ritenzione 50%/25%/25%).

Nessuna variazione alla retribuzione in denaro, alla forma di proprietà (tutta diretta) o all’esposizione economica complessiva. La dichiarazione è quindi amministrativa, non indicando né fiducia né preoccupazione da parte degli insider e avendo un impatto valutativo immediato minimo per gli investitori.

Liberty Broadband Corp. (LBRDK) – Formulario 4 detalla ajustes en las concesiones de acciones para el Presidente y CEO Martin E. Patterson tras la escisión de GCI Liberty del 14 de julio de 2025. Debido a que la separación modificó la capitalización de la empresa, la junta utilizó la Regla 16b-3 del Exchange Act para preservar el valor económico de todas las concesiones Serie C vigentes.

El 17 de julio de 2025, las participaciones del informante fueron recalibradas automáticamente (código de transacción “J” – acción corporativa, sin operación en mercado abierto):

  • Unidades de Acciones Restringidas (RSU): se añadieron 828 RSU y se eliminaron 771 RSU. La concesión restante de 771 unidades se consolida un 50 % el 9 de diciembre de 2025 y otro 50 % el 9 de diciembre de 2026.
  • Opciones sobre acciones: neto de 20,079 opciones añadidas y 18,995 opciones eliminadas en nueve series. Los precios de ejercicio ahora oscilan entre $71.17 y $118.43 con vencimientos entre 2027 y 2030; ciertos tramos son totalmente ejercitables, otros mantienen la adquisición original (por ejemplo, adquisición gradual en 3 años o esquema de retención 50 %/25 %/25 %).

No hubo cambios en la compensación en efectivo, la forma de propiedad (todas directas) ni en la exposición económica total. Por lo tanto, la presentación es administrativa, sin indicar ni confianza ni preocupación de los insiders y con un impacto inmediato mínimo en la valoración para los inversores.

Liberty Broadband Corp. (LBRDK) – 양식 4는 2025년 7월 14일 GCI Liberty 분할 이후 사장 겸 CEO Martin E. Patterson의 주식 보상 조정 내역을 상세히 설명합니다. 분할로 인해 회사의 자본 구조가 변경되었기에 이사회는 Exchange Act Rule 16b-3를 적용하여 모든 미지급 시리즈 C 보상의 경제적 가치를 보존하였습니다.

2025년 7월 17일, 보고자의 보유 주식이 자동으로 재조정되었습니다(거래 코드 “J” – 기업행위, 공개시장 거래 없음):

  • 제한 주식 단위(RSU): 828 RSU가 추가되고 771 RSU가 제거되었습니다. 남은 771 단위는 2025년 12월 9일에 50%, 2026년 12월 9일에 50% 베스팅됩니다.
  • 스톡 옵션: 9개 시리즈에 걸쳐 순 20,079 옵션이 추가되고 18,995 옵션이 제거되었습니다. 행사 가격은 $71.17에서 $118.43 사이이며 만료일은 2027년부터 2030년까지입니다; 일부 트랜치는 전액 행사 가능하며, 다른 트랜치는 원래 베스팅 조건(예: 3년 단계적 베스팅 또는 50%/25%/25% 유지 스케줄)을 유지합니다.

현금 보상, 소유 형태(전부 직접 소유), 전체 경제적 노출에는 변경 없음. 따라서 이번 제출은 행정적이며 내부자의 신뢰나 우려를 나타내지 않고 투자자에게 즉각적인 가치 평가 영향도 최소화됩니다.

Liberty Broadband Corp. (LBRDK) – Formulaire 4 détaille les ajustements des attributions d’actions pour le Président & CEO Martin E. Patterson suite à la scission de GCI Liberty le 14 juillet 2025. Comme la séparation a modifié la capitalisation de l’entreprise, le conseil a utilisé la règle 16b-3 de l’Exchange Act pour préserver la valeur économique de toutes les attributions Série C en cours.

Le 17 juillet 2025, les avoirs de la personne déclarant ont été recalibrés automatiquement (code transaction « J » – action d’entreprise, sans transaction sur le marché ouvert) :

  • Unités d’actions restreintes (RSU) : 828 RSU ajoutées et 771 RSU supprimées. La subvention restante de 771 unités vest à 50 % le 9 décembre 2025 et à 50 % le 9 décembre 2026.
  • Options d’achat d’actions : 20 079 options nettes ajoutées et 18 995 options supprimées sur neuf séries. Les prix d’exercice vont désormais de 71,17 $ à 118,43 $ avec des échéances entre 2027 et 2030 ; certaines tranches sont entièrement exerçables, d’autres conservent l’acquisition d’origine (par ex. acquisition progressive sur 3 ans ou calendrier de rétention 50 %/25 %/25 %).

Aucun changement à la rémunération en espèces, à la forme de propriété (toutes directes) ou à l’exposition économique globale. Le dépôt est donc administratif, ne traduisant ni confiance ni inquiétude des initiés et ayant un impact immédiat minimal sur la valorisation pour les investisseurs.

Liberty Broadband Corp. (LBRDK) – Formular 4 beschreibt Anpassungen der Aktienzuteilungen für Präsident und CEO Martin E. Patterson nach dem Spin-off von GCI Liberty am 14. Juli 2025. Da die Abspaltung die Kapitalstruktur des Unternehmens veränderte, nutzte der Vorstand die Exchange Act Regel 16b-3, um den wirtschaftlichen Wert aller ausstehenden Serie-C-Awards zu erhalten.

Am 17. Juli 2025 wurden die Bestände der meldenden Person automatisch neu kalibriert (Transaktionscode „J“ – Unternehmensaktion, kein Handel am offenen Markt):

  • Restricted Stock Units (RSUs): 828 RSUs hinzugefügt und 771 RSUs entfernt. Der verbleibende Zuteilungsbetrag von 771 Einheiten wird zu 50 % am 9. Dezember 2025 und zu 50 % am 9. Dezember 2026 fällig.
  • Aktienoptionen: Netto 20.079 Optionen hinzugefügt und 18.995 Optionen über neun Serien entfernt. Die Ausübungspreise liegen nun zwischen 71,17 $ und 118,43 $ mit Laufzeiten von 2027 bis 2030; bestimmte Tranchen sind vollständig ausübbar, andere behalten die ursprünglichen Vesting-Bedingungen (z. B. dreijährige gestaffelte oder 50 %/25 %/25 % Beibehaltung).

Keine Änderung bei Barvergütung, Eigentumsform (alle direkt) oder der gesamten wirtschaftlichen Exponierung. Die Meldung ist daher administrativ, signalisiert weder Insider-Vertrauen noch -Besorgnis und hat nur minimale unmittelbare Bewertungsfolgen für Investoren.

Positive
  • Economic neutrality preserved: option strikes and RSU counts were adjusted so Patterson’s compensation value is unchanged post-spin, avoiding unintended windfalls or losses.
Negative
  • None.

Insights

TL;DR: Purely mechanical RSU/option adjustments after spin-off; no signal for share price.

The board’s Rule 16b-3 action keeps Patterson’s incentives whole by altering option strikes/share counts post-spin. Because transaction code “J” is exempt, there are no fresh purchases or disposals that would suggest directional sentiment. Vesting schedules and expiries mirror the pre-spin grants, so dilution and compensation cost remain unchanged. Investors should treat the disclosure as compliance-driven, not a catalyst.

Liberty Broadband Corp. (LBRDK) – Modulo 4 illustra le modifiche agli incentivi azionari per il Presidente e CEO Martin E. Patterson a seguito dello spin-off di GCI Liberty del 14 luglio 2025. Poiché la separazione ha modificato la struttura del capitale, il consiglio ha applicato la Regola 16b-3 dell'Exchange Act per mantenere il valore economico di tutti i premi Serie C in essere.

Il 17 luglio 2025, le partecipazioni del soggetto segnalante sono state automaticamente ricalibrate (codice transazione “J” – azione societaria, senza scambio sul mercato aperto):

  • Unità azionarie vincolate (RSU): aggiunte 828 RSU e rimosse 771 RSU. Il premio residuo di 771 unità si maturerà per il 50% il 9 dicembre 2025 e per il restante 50% il 9 dicembre 2026.
  • Opzioni su azioni: aggiunte nette 20.079 opzioni e rimosse 18.995 opzioni distribuite su nove serie. I prezzi di esercizio variano da $71,17 a $118,43 con scadenze tra il 2027 e il 2030; alcune tranche sono interamente esercitabili, altre mantengono il piano di maturazione originale (ad esempio, maturazione graduale in 3 anni o schema di ritenzione 50%/25%/25%).

Nessuna variazione alla retribuzione in denaro, alla forma di proprietà (tutta diretta) o all’esposizione economica complessiva. La dichiarazione è quindi amministrativa, non indicando né fiducia né preoccupazione da parte degli insider e avendo un impatto valutativo immediato minimo per gli investitori.

Liberty Broadband Corp. (LBRDK) – Formulario 4 detalla ajustes en las concesiones de acciones para el Presidente y CEO Martin E. Patterson tras la escisión de GCI Liberty del 14 de julio de 2025. Debido a que la separación modificó la capitalización de la empresa, la junta utilizó la Regla 16b-3 del Exchange Act para preservar el valor económico de todas las concesiones Serie C vigentes.

El 17 de julio de 2025, las participaciones del informante fueron recalibradas automáticamente (código de transacción “J” – acción corporativa, sin operación en mercado abierto):

  • Unidades de Acciones Restringidas (RSU): se añadieron 828 RSU y se eliminaron 771 RSU. La concesión restante de 771 unidades se consolida un 50 % el 9 de diciembre de 2025 y otro 50 % el 9 de diciembre de 2026.
  • Opciones sobre acciones: neto de 20,079 opciones añadidas y 18,995 opciones eliminadas en nueve series. Los precios de ejercicio ahora oscilan entre $71.17 y $118.43 con vencimientos entre 2027 y 2030; ciertos tramos son totalmente ejercitables, otros mantienen la adquisición original (por ejemplo, adquisición gradual en 3 años o esquema de retención 50 %/25 %/25 %).

No hubo cambios en la compensación en efectivo, la forma de propiedad (todas directas) ni en la exposición económica total. Por lo tanto, la presentación es administrativa, sin indicar ni confianza ni preocupación de los insiders y con un impacto inmediato mínimo en la valoración para los inversores.

Liberty Broadband Corp. (LBRDK) – 양식 4는 2025년 7월 14일 GCI Liberty 분할 이후 사장 겸 CEO Martin E. Patterson의 주식 보상 조정 내역을 상세히 설명합니다. 분할로 인해 회사의 자본 구조가 변경되었기에 이사회는 Exchange Act Rule 16b-3를 적용하여 모든 미지급 시리즈 C 보상의 경제적 가치를 보존하였습니다.

2025년 7월 17일, 보고자의 보유 주식이 자동으로 재조정되었습니다(거래 코드 “J” – 기업행위, 공개시장 거래 없음):

  • 제한 주식 단위(RSU): 828 RSU가 추가되고 771 RSU가 제거되었습니다. 남은 771 단위는 2025년 12월 9일에 50%, 2026년 12월 9일에 50% 베스팅됩니다.
  • 스톡 옵션: 9개 시리즈에 걸쳐 순 20,079 옵션이 추가되고 18,995 옵션이 제거되었습니다. 행사 가격은 $71.17에서 $118.43 사이이며 만료일은 2027년부터 2030년까지입니다; 일부 트랜치는 전액 행사 가능하며, 다른 트랜치는 원래 베스팅 조건(예: 3년 단계적 베스팅 또는 50%/25%/25% 유지 스케줄)을 유지합니다.

현금 보상, 소유 형태(전부 직접 소유), 전체 경제적 노출에는 변경 없음. 따라서 이번 제출은 행정적이며 내부자의 신뢰나 우려를 나타내지 않고 투자자에게 즉각적인 가치 평가 영향도 최소화됩니다.

Liberty Broadband Corp. (LBRDK) – Formulaire 4 détaille les ajustements des attributions d’actions pour le Président & CEO Martin E. Patterson suite à la scission de GCI Liberty le 14 juillet 2025. Comme la séparation a modifié la capitalisation de l’entreprise, le conseil a utilisé la règle 16b-3 de l’Exchange Act pour préserver la valeur économique de toutes les attributions Série C en cours.

Le 17 juillet 2025, les avoirs de la personne déclarant ont été recalibrés automatiquement (code transaction « J » – action d’entreprise, sans transaction sur le marché ouvert) :

  • Unités d’actions restreintes (RSU) : 828 RSU ajoutées et 771 RSU supprimées. La subvention restante de 771 unités vest à 50 % le 9 décembre 2025 et à 50 % le 9 décembre 2026.
  • Options d’achat d’actions : 20 079 options nettes ajoutées et 18 995 options supprimées sur neuf séries. Les prix d’exercice vont désormais de 71,17 $ à 118,43 $ avec des échéances entre 2027 et 2030 ; certaines tranches sont entièrement exerçables, d’autres conservent l’acquisition d’origine (par ex. acquisition progressive sur 3 ans ou calendrier de rétention 50 %/25 %/25 %).

Aucun changement à la rémunération en espèces, à la forme de propriété (toutes directes) ou à l’exposition économique globale. Le dépôt est donc administratif, ne traduisant ni confiance ni inquiétude des initiés et ayant un impact immédiat minimal sur la valorisation pour les investisseurs.

Liberty Broadband Corp. (LBRDK) – Formular 4 beschreibt Anpassungen der Aktienzuteilungen für Präsident und CEO Martin E. Patterson nach dem Spin-off von GCI Liberty am 14. Juli 2025. Da die Abspaltung die Kapitalstruktur des Unternehmens veränderte, nutzte der Vorstand die Exchange Act Regel 16b-3, um den wirtschaftlichen Wert aller ausstehenden Serie-C-Awards zu erhalten.

Am 17. Juli 2025 wurden die Bestände der meldenden Person automatisch neu kalibriert (Transaktionscode „J“ – Unternehmensaktion, kein Handel am offenen Markt):

  • Restricted Stock Units (RSUs): 828 RSUs hinzugefügt und 771 RSUs entfernt. Der verbleibende Zuteilungsbetrag von 771 Einheiten wird zu 50 % am 9. Dezember 2025 und zu 50 % am 9. Dezember 2026 fällig.
  • Aktienoptionen: Netto 20.079 Optionen hinzugefügt und 18.995 Optionen über neun Serien entfernt. Die Ausübungspreise liegen nun zwischen 71,17 $ und 118,43 $ mit Laufzeiten von 2027 bis 2030; bestimmte Tranchen sind vollständig ausübbar, andere behalten die ursprünglichen Vesting-Bedingungen (z. B. dreijährige gestaffelte oder 50 %/25 %/25 % Beibehaltung).

Keine Änderung bei Barvergütung, Eigentumsform (alle direkt) oder der gesamten wirtschaftlichen Exponierung. Die Meldung ist daher administrativ, signalisiert weder Insider-Vertrauen noch -Besorgnis und hat nur minimale unmittelbare Bewertungsfolgen für Investoren.

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).
1. Name and Address of Reporting Person*
Patterson Martin Edward
(Last) (First) (Middle)
12300 LIBERTY BLVD.
(Street)
ENGLEWOOD CO 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2025
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units-LBRDK (1) 07/17/2025 J(2) V 828 (3) (3) Series C Common Stock 828 $0.0000(2) 828 D
Restricted Stock Units-LBRDK (1) 07/17/2025 J(2) V 771 (3) 12/09/2026(3) Series C Common Stock 771 $0.0000(2) 0.0000 D
Stock Option - LBRDK (Right to Buy) $110.24 07/17/2025 J(4) V 4,688 (5) 12/10/2027 Series C Common Stock 4,688 $0.0000(4) 4,688 D
Stock Option - LBRDK (Right to Buy) $108.82 07/17/2025 J(4) V 3,804 (5) 12/10/2027 Series C Common Stock 3,804 $0.0000(4) 3,804 D
Stock Option - LBRDK (Right to Buy) $116.9 07/17/2025 J(4) V 3,541 (5) 12/10/2027 Series C Common Stock 3,541 $0.0000(4) 0.0000 D
Stock Option - LBRDK (Right to Buy) $118.43 07/17/2025 J(4) V 4,364 (5) 12/10/2027 Series C Common Stock 4,364 $0.0000(4) 0.0000 D
Stock Option - LBRDK (Right to Buy) $71.17 07/17/2025 J(4) V 3,428 (6) 12/11/2030 Series C Common Stock 3,428 $0.0000(4) 3,428 D
Stock Option - LBRDK (Right to Buy) $76.45 07/17/2025 J(4) V 3,191 (6) 12/11/2030 Series C Common Stock 3,191 $0.0000(4) 0.0000 D
Stock Option - LBRDK (Right to Buy) $72.31 07/17/2025 J(4) V 8,159 (7) 12/13/2030 Series C Common Stock 8,159 $0.0000(4) 8,159 D
Stock Option - LBRDK (Right to Buy) $77.68 07/17/2025 J(4) V 7,595 (7) 12/13/2030 Series C Common Stock 7,595 $0.0000(4) 0.0000 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock.
2. On July 14, 2025, Liberty Broadband Corporation completed the spin-off of GCI Liberty, Inc. (the "Spin-Off"), which was effected by the distribution to each holder of its common stock as of 5:00 p.m., New York City time, on June 30, 2025, of 0.20 of a share of GCI Liberty, Inc.'s Series A, Series B and Series C GCI Group common stock for each whole share of the corresponding series of Liberty Broadband Corporation's common stock, with cash (with no interest) paid in lieu of fractional shares. In connection with the Spin-Off, all restricted stock unit awards held by the Reporting Person in the Issuer's Series C Common Stock were adjusted in a manner designed to preserve the value associated with the original awards prior to the Spin-Off. The number of shares for each adjusted award was determined on July 17, 2025. Otherwise, such award remains subject to the terms and conditions of the corresponding original award.
3. This restricted stock unit award vests in two substantially equal installments on December 9, 2025 and 2026.
4. In connection with the Spin-Off, all stock options held by the Reporting Person in the Issuer's Series C Common Stock were adjusted in a manner designed to preserve the value associated with the original awards prior to the Spin-Off. The number of shares and the exercise price for each adjusted award were determined on July 17, 2025. Otherwise, such award remains subject to the terms and conditions of the corresponding original award.
5. This option award is fully exercisable.
6. This option award vests in three substantially equal installments on December 11, 2024, 2025, and 2026.
7. Represents a retention grant which vested 50% on December 13, 2024 and will vest 25% on December 13, 2025 and 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
Remarks:
The adjustments described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
/s/ Brittany A. Uthoff as Attorney-in-Fact for Martin E. Patterson 07/23/2025
** 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

Why did Liberty Broadband (LBRDK) adjust Martin Patterson’s equity awards?

The 14 Jul 2025 spin-off of GCI Liberty altered share values; the board adjusted RSUs and options to maintain pre-spin economics.

Were any Liberty Broadband shares bought or sold by the CEO?

No. All transactions are coded “J,” indicating adjustments from a corporate action, not market trades.

How many RSUs does the CEO now hold after the adjustment?

The filing shows a net 828 RSUs added and 771 removed, leaving the award structure unchanged in value.

Do the adjusted stock options have new vesting dates?

Vesting schedules mirror the originals: some options are fully exercisable; others vest in equal thirds (2024-2026) or 50 %/25 %/25 % through 2026.

Is this Form 4 likely to affect LBRDK’s share price?

Unlikely. The changes are administrative and do not reflect insider sentiment or new economic exposure.
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Liberty Broabd

NASDAQ:LBRDP

LBRDP Rankings

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LBRDP Latest News

Jul 10, 2025
Liberty Broadband Corporation Announces When-Issued Trading, Ex-Dividend Date and Trading Symbol Information in Connection with Upcoming Spin-Off of GCI Liberty, Inc.
Jun 20, 2025
Liberty Broadband Corporation Announces Record Date and Distribution Date for Spin-Off of GCI Liberty, Inc.
May 27, 2025
Liberty Broadband Corporation Announces GCI Liberty Investor Conference Call
May 22, 2025
Liberty Broadband Corporation Declares Quarterly Cash Dividend on Series A Cumulative Redeemable Preferred Stock and Appoints Derek Chang to Board of Directors
May 13, 2025
GCI Collaborates With Netcracker for Modernized BSS/OSS to Enhance Customer Experience, Improve Business Agility and Enable New Business Models

LBRDP Latest SEC Filings

Jul 23, 2025
[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity
Jul 23, 2025
[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity
Jul 23, 2025
[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity
Jul 23, 2025
[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity
Jul 23, 2025
[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity

LBRDP Stock Data

6.69M
6.84%
22.97%
Telecom Services
Cable & Other Pay Television Services
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United States
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