Liberty Global (LBTYA) CFO Bracken awarded Class A and C RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Global Ltd. executive vice president and CFO Charles H. R. Bracken reported awards of restricted share units (RSUs) rather than open-market trades. On February 13, 2026, he received 46,833 Restricted Share Units A and 46,442 Restricted Share Units C, each representing one Class A or Class C common share, respectively.
These RSUs were granted at a price of $0.00 per unit and will vest in full on February 15, 2027, subject to continued employment. Footnotes also explain that separate performance share units granted on March 27, 2024 partly converted into time-vesting RSUs after meeting stock price performance hurdles based on relative total shareholder return through year end 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BRACKEN CHARLES H R
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units A | 46,833 | $0.00 | -- |
| Grant/Award | Restricted Share Units C | 46,442 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units A — 46,833 shares (Direct);
Restricted Share Units C — 46,442 shares (Direct)
Footnotes (1)
- Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be. The reporting person was granted Performance Share Units (PSUs) on March 27, 2024, which are earned upon satisfaction of performance conditions based on achievement of stock price hurdles over a three-year period from May 10, 2024, to December 31, 2026. The PSUs vest on February 15, 2027, assuming the performance conditions are met. Under their terms, the performance conditions are tested at year end 2025 and at year end 2026. As a result of the Issuer's performance against a relative total shareholder return as of year end 2025, 50% of these PSUs were earned against that performance condition and therefore converted into time-vesting RSUs. These RSUs will vest on February 15, 2027, assuming continued employment. The remaining PSUs will be tested at year end 2026 and if the performance conditions are met, will also vest on February 15, 2027. The RSUs will vest in full on February 15, 2027.
FAQ
What insider transaction did Liberty Global (LBTYA) report for Charles Bracken?
Liberty Global reported that EVP & CFO Charles H. R. Bracken received grants of restricted share units, not open-market trades. He was awarded 46,833 RSUs A and 46,442 RSUs C on February 13, 2026, each representing one common share when vested.
When do Charles Bracken’s Liberty Global RSUs vest?
The filing states Bracken’s RSUs vest in full on February 15, 2027. Vesting requires that he remain employed through that date. Some RSUs arose from earlier performance share units that met stock price hurdles and then converted to time-vesting RSUs with the same vesting date.
Were Charles Bracken’s Liberty Global RSU grants open-market purchases or sales?
These transactions are grant or award acquisitions, not open-market buys or sells. The Form 4 uses code “A” and describes them as derivative awards with a transaction price of $0.00 per unit, indicating equity compensation rather than trading activity.