STOCK TITAN

Liberty Global (LBTYA) director exercises RSUs and receives new options, RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Liberty Global Ltd. director Anthony G. Werner reported a series of equity compensation moves. He exercised previously granted Restricted Share Units, receiving 5,809 Class A common shares and 5,809 Class C common shares, bringing his direct holdings in each class to 14,031 shares.

On the same date, he was granted new derivative awards: options over 12,812 Class C shares at a strike price of $10.78 and options over 12,812 Class A shares at $11.21, both expiring on June 23, 2036. He also received 5,230 new Restricted Share Units for each of Class A and Class C shares, which will vest in full on the date of Liberty Global’s 2027 annual general meeting. The options will vest in three equal annual installments starting on that 2027 meeting date.

No open-market buys or sells were reported; the transactions reflect equity awards and related exercises as part of his director compensation.

Positive

  • None.

Negative

  • None.
Insider WERNER ANTHONY G
Role null
Type Security Shares Price Value
Grant/Award Restricted Share Units A 5,230 $0.00 --
Grant/Award Restricted Share Units C 5,230 $0.00 --
Grant/Award Share Option A (right to buy) 12,812 $0.00 --
Grant/Award Share Option C (right to buy) 12,812 $0.00 --
Exercise Restricted Share Units A 5,809 $0.00 --
Exercise Restricted Share Units C 5,809 $0.00 --
Exercise Class A Common Shares 5,809 $0.00 --
Exercise Class C Common Shares 5,809 $0.00 --
Holdings After Transaction: Restricted Share Units A — 5,230 shares (Direct, null); Restricted Share Units C — 5,230 shares (Direct, null); Share Option A (right to buy) — 12,812 shares (Direct, null); Share Option C (right to buy) — 12,812 shares (Direct, null); Class A Common Shares — 14,031 shares (Direct, null); Class C Common Shares — 14,031 shares (Direct, null)
Footnotes (1)
  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 RSUs will vest in full on the date of the Issuer's 2027 annual general meeting. The option vests in three equal annual installments commencing on the date of the Issuer's 2027 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter. The RSUs vested in full on the date of the Issuer's 2026 annual general meeting.
Class A shares acquired via RSU 5,809 shares Class A common shares received from RSU exercise on June 23, 2026
Class C shares acquired via RSU 5,809 shares Class C common shares received from RSU exercise on June 23, 2026
Class A holdings after transactions 14,031 shares Direct Class A common shares held following June 23, 2026 transactions
Class C holdings after transactions 14,031 shares Direct Class C common shares held following June 23, 2026 transactions
Class C options granted 12,812 options at $10.78 Share Option C, expiration June 23, 2036
Class A options granted 12,812 options at $11.21 Share Option A, expiration June 23, 2036
New RSUs granted per class 5,230 RSUs Restricted Share Units A and C vesting at 2027 AGM
Restricted Share Unit financial
"Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Share Option financial
"Share Option C (right to buy)"
annual general meeting financial
"The RSUs will vest in full on the date of the Issuer's 2027 annual general meeting."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WERNER ANTHONY G

(Last)(First)(Middle)
1550 WEWATTA STREET, STE 1000

(Street)
DENVER COLORADO 80202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Liberty Global Ltd. [ LBTY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Shares06/23/2026M5,809A(1)14,031D
Class C Common Shares06/23/2026M5,809A(1)14,031D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units A(1)06/23/2026A5,230 (2) (2)Class A Common Shares5,230(1)5,230D
Restricted Share Units C(1)06/23/2026A5,230 (2) (2)Class C Common Shares5,230(1)5,230D
Share Option A (right to buy)$11.2106/23/2026A12,812 (3)06/23/2036Class A Common Shares12,812$012,812D
Share Option C (right to buy)$10.7806/23/2026A12,812 (3)06/23/2036Class C Common Shares12,812$012,812D
Restricted Share Units A(1)06/23/2026M5,809 (4) (4)Class A Common Shares5,809(1)0D
Restricted Share Units C(1)06/23/2026M5,809 (4) (4)Class C Common Shares5,809(1)0D
Explanation of Responses:
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.
2. The RSUs will vest in full on the date of the Issuer's 2027 annual general meeting.
3. The option vests in three equal annual installments commencing on the date of the Issuer's 2027 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
4. The RSUs vested in full on the date of the Issuer's 2026 annual general meeting.
Remarks:
The trading symbols for the Issuer's classes of common shares are LBTYA, LBTYB, and LBTYK.
/s/ Colton Lyons, Attorney-in-Fact06/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Liberty Global (LBTYA) director Anthony G. Werner report in this Form 4?

Anthony G. Werner reported exercising vested Restricted Share Units into Class A and Class C common shares and receiving new equity awards. These awards included stock options and new Restricted Share Units tied to future vesting dates set around Liberty Global’s 2027 annual general meeting.

How many Liberty Global Class A and Class C shares does Werner hold after the transactions?

After the reported transactions, Anthony G. Werner directly holds 14,031 Class A common shares and 14,031 Class C common shares. These positions reflect the conversion of previously granted Restricted Share Units into common shares, with no open-market purchases or sales disclosed.

What new stock options did Liberty Global (LBTYA) grant to Anthony G. Werner?

Werner received options over 12,812 Class C shares at $10.78 and 12,812 Class A shares at $11.21, both expiring on June 23, 2036. These options vest in three equal annual installments starting on the date of Liberty Global’s 2027 annual general meeting.

What new Restricted Share Units did Werner receive from Liberty Global?

Werner was granted 5,230 Restricted Share Units linked to Class A common shares and 5,230 linked to Class C common shares. According to the disclosure, these RSUs will vest in full on the date of Liberty Global’s 2027 annual general meeting, subject to continued service conditions.

Were there any open-market share purchases or sales in this Liberty Global Form 4?

No open-market purchases or sales were reported. All transactions involve equity compensation: exercises of previously granted Restricted Share Units into common shares and new grants of options and RSUs. The filing shows no discretionary buying or selling of Liberty Global shares on the market.

When do Anthony G. Werner’s new Liberty Global equity awards vest?

The new Restricted Share Units vest in full on the date of Liberty Global’s 2027 annual general meeting. The newly granted stock options vest in three equal annual installments, beginning on that 2027 meeting date and continuing on the date of each subsequent annual general meeting.