Liberty Global CFO exercises RSUs, withholds shares for tax
Liberty Global Ltd. EVP & CFO Charles H R Bracken reported routine equity compensation activity involving Class A and Class C shares.
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Rhea-AI Filing Summary
Liberty Global Ltd. EVP & CFO Charles H R Bracken reported routine equity compensation activity involving Class A and Class C shares. On May 1, 2026 he exercised derivative awards to acquire 53,450 Class A Common Shares and 71,256 Class C Common Shares, both at a stated price of $0.0000 per share. To cover tax obligations, the company withheld 25,123 Class A shares at $11.96 per share and 33,492 Class C shares at $11.77 per share in tax-withholding dispositions, rather than open-market sales. After these transactions, he directly held 98,087 Class A shares and 115,893 Class C shares, and indirectly held 110,206 Class A shares through Charlouise Ltd., which he controls.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units A | 17,808 | $0.00 | $0.00 |
| Exercise | Restricted Share Units C | 35,614 | $0.00 | $0.00 |
| Exercise | Restricted Share Units A | 18,044 | $0.00 | $0.00 |
| Exercise | Restricted Share Units C | 18,044 | $0.00 | $0.00 |
| Exercise | Restricted Share Units A | 17,598 | $0.00 | $0.00 |
| Exercise | Restricted Share Units C | 17,598 | $0.00 | $0.00 |
| Exercise | Class A Common Shares | 53,450 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Shares | 25,123 | $11.96 | $300K |
| Exercise | Class C Common Shares | 71,256 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class C Common Shares | 33,492 | $11.77 | $394K |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. Shares are held by Charlouise Ltd., which is controlled by the Reporting Person.
- F3. The RSUs vest in full on May 1, 2026.
- F4. The RSUs vest in three equal annual installments commencing on May 1, 2025.
- F5. The RSUs vest in three equal annual installments commencing on May 1, 2026.
Key Figures
Key Terms
tax-withholding disposition financial
derivative exercise/conversion financial
derivative security financial
indirect ownership financial
vest in three equal annual installments financial
FAQ
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What did Liberty Global (LBTYA) CFO Charles Bracken report in this Form 4?
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