[Form 4] Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Wendling Brian J
Role
CAO/PFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Restricted Stock Units-LBRDK | 2,922 | $0.00 | -- |
| Other | Restricted Stock Units-LBRDK | 2,720 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 16,732 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 10,746 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 10,003 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 15,575 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 12,098 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 11,262 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 35,383 | $0.00 | -- |
| Other | Stock Option - LBRDK (Right to Buy) | 32,936 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units-LBRDK — 2,922 shares (Direct);
Stock Option - LBRDK (Right to Buy) — 16,732 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock. 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. This restricted stock unit award vests in two substantially equal installments on December 9, 2025 and 2026. 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. This option award is fully exercisable. This option award vests in three substantially equal installments on December 11, 2024, 2025, and 2026. 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.
