Liberty Global (LBTYA) SVP Waldron granted shares and RSUs in 2025 award

Rhea-AI Filing Summary

Liberty Global Ltd. SVP & CAO Jason Waldron reported equity compensation related to the company’s 2025 Annual Performance Award. He received 14,118 Class A common shares and 14,118 Class C common shares, of which 6,177 Class A shares at $12.54 and 6,177 Class C shares at $12.36 were withheld to cover tax liabilities, rather than sold in the open market.

He was also granted 1,764 Restricted Share Units (RSUs) tied to Class A common shares and 1,764 RSUs tied to Class C common shares, equal to 12.5% of the shares received. These RSUs vest in full on March 1, 2027, provided he does not sell, transfer or otherwise dispose of the bonus shares before that date.

Following these transactions, Waldron directly holds 7,941 Class A and 7,941 Class C common shares. In addition, 8,383 Class A shares and 11,584 Class C shares are held indirectly through the Jason R. Waldron Revocable Trust, of which he is trustee.

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

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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^*

Waldron Jason

(Last) (First) (Middle)

1550 WEWATTA STREET, STE 1000

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Global Ltd. [ LBTY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CAO

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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
Class A Common Shares	03/06/2026		A		14,118(1)	A	(1)	14,118	D
Class A Common Shares	03/06/2026		F		6,177	D	$12.54	7,941	D
Class C Common Shares	03/06/2026		A		14,118(1)	A	(1)	14,118	D
Class C Common Shares	03/06/2026		F		6,177	D	$12.36	7,941	D
Class A Common Shares								8,383	I	By Trust(2)
Class C Common Shares								11,584	I	By Trust(2)

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 Share Units A	(3)	03/06/2026		A		1,764		(4)	(4)	Class A Common Shares	1,764	(3)	1,764	D
Restricted Share Units C	(3)	03/06/2026		A		1,764		(4)	(4)	Class C Common Shares	1,764	(3)	1,764	D

Explanation of Responses:

1. Class A and Class C common shares of the Issuer received by the Reporting Person pursuant to the Issuer's 2025 Annual Performance Award for employees (which was paid in part in shares), subject to applicable tax withholding.

2. Shares are held by the Jason R. Waldron Revocable Trust, of which the Reporting Person is the trustee.

3. 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.

4. Based on the Reporting Person's receipt of shares as part of the 2025 Annual Performance Award described in footnote 1, the Reporting Person also received RSUs equal to 12.5% of such shares received pursuant to the shareholding incentive program of the 2025 Annual Performance Award program. These RSUs will vest in full on March 1, 2027, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.

Remarks:

The trading symbols for the Issuer's classes of common shares are LBTYA, LBTYB, and LBTYK.

	/s/ Cory Smith, Attorney-in-Fact	03/10/2026
	** 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.
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FAQ

What equity awards did Liberty Global (LBTYA) grant to Jason Waldron?

Jason Waldron received 14,118 Class A and 14,118 Class C common shares as part of Liberty Global’s 2025 Annual Performance Award. He also received 1,764 RSUs for Class A and 1,764 RSUs for Class C common shares under the shareholding incentive program.

How were taxes handled on Jason Waldron’s Liberty Global share awards?

Liberty Global satisfied part of Jason Waldron’s tax obligations by withholding 6,177 Class A shares at $12.54 and 6,177 Class C shares at $12.36. These F-code transactions reflect tax-withholding dispositions, not open-market sales, tied to the 2025 Annual Performance Award shares.

When do Jason Waldron’s Liberty Global RSUs from the 2025 award vest?

The RSUs tied to Jason Waldron’s 2025 Annual Performance Award vest in full on March 1, 2027. Vesting is conditioned on him not selling, transferring, or otherwise disposing of the related bonus shares before that date under the shareholding incentive program.

How many Liberty Global shares does Jason Waldron hold directly after these transactions?

After the reported transactions, Jason Waldron directly holds 7,941 Class A common shares and 7,941 Class C common shares of Liberty Global. These balances reflect the net result after receiving award shares and having a portion withheld to satisfy tax obligations on the compensation.

What Liberty Global shares does Jason Waldron hold indirectly through a trust?

A revocable trust associated with Jason Waldron holds 8,383 Class A and 11,584 Class C Liberty Global common shares. The Jason R. Waldron Revocable Trust is identified as the holder, and Waldron is the trustee, indicating indirect ownership of these additional positions.

Are Jason Waldron’s transactions in Liberty Global stock open-market buys or sells?

The filing shows grant and award acquisitions plus tax-withholding dispositions, not open-market trades. Code A entries reflect share and RSU awards, while F-code entries show shares delivered to satisfy tax liabilities linked to the 2025 Annual Performance Award compensation.