Liberty Global (LBTYA) director reports option and RSU grants

Rhea-AI Filing Summary

Liberty Global Ltd. director Paul A. Gould reported compensation-related equity activity involving both Class A and Class C instruments. He exercised previously granted Restricted Share Units, receiving 5,809 Class A common share equivalents and 5,809 Class C common share equivalents via corresponding share fund units under the Director Deferred Compensation Plan.

Following these exercises, Gould held 42,790 Class C share fund units and 27,752 Class A share fund units directly. He also received new grants of share options covering 12,812 Class C common shares at an exercise price of $10.78 and 12,812 Class A common shares at $11.21, each expiring in 2036 and vesting in three annual installments starting on the issuer’s 2027 annual general meeting. In addition, he was awarded 5,230 new Restricted Share Units for each of Class A and Class C, which will vest in full on the date of the issuer’s 2027 annual general meeting. The filing shows no open-market purchases or sales, only option and RSU grants and exercises as part of director compensation.

Insider Trade Summary

23,236 shares exercised/converted

Mixed 8 txns

Insider GOULD PAUL A

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 Share Fund Units	5,809	$0.00	--
Exercise	Class C Share Fund Units	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 Share Fund Units — 27,752 shares (Direct, null); Class C Share Fund Units — 42,790 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. The share fund units represent the economic equivalent of one share of the corresponding class of the Issuer's common shares. The share fund units confer no voting or other rights of stock ownership. The share fund units will be payable, in shares of the corresponding class of the Issuer's common shares, in accordance with the Director Deferred Compensation Plan.

Key Figures

RSUs exercised into Class C equivalents: 5,809 units RSUs exercised into Class A equivalents: 5,809 units Class C share fund units held: 42,790 units +5 more

8 metrics

RSUs exercised into Class C equivalents 5,809 units Class C share fund units received via RSU exercise on June 23, 2026

RSUs exercised into Class A equivalents 5,809 units Class A share fund units received via RSU exercise on June 23, 2026

Class C share fund units held 42,790 units Direct holdings after transactions

Class A share fund units held 27,752 units Direct holdings after transactions

New Class C share options 12,812 shares at $10.78 Option grant expiring June 23, 2036

New Class A share options 12,812 shares at $11.21 Option grant expiring June 23, 2036

New Class C RSUs granted 5,230 units Vest in full on issuer’s 2027 annual general meeting

New Class A RSUs granted 5,230 units Vest in full on issuer’s 2027 annual general meeting

Key Terms

Restricted Share Units, Director Deferred Compensation Plan, share fund units, share option, +1 more

5 terms

Restricted Share Units 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"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Director Deferred Compensation Plan financial

"The share fund units will be payable ... in accordance with the Director Deferred Compensation Plan"

share fund units financial

"The share fund units represent the economic equivalent of one share of the corresponding class of the Issuer's common shares"

share option financial

"Share Option C (right to buy) ... Share Option A (right to buy)"

annual general meeting financial

"The RSUs will vest in full on the date of the Issuer's 2027 annual general meeting"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 05:38 PM Accepted by SEC EDGAR 06/25/2026 - 05:37 PM Learn about SEC filing dates

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

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^*

GOULD PAUL A

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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	(1)	06/23/2026		A		5,230		(2)	(2)	Class A Common Shares	5,230	(1)	5,230	D
Restricted Share Units C	(1)	06/23/2026		A		5,230		(2)	(2)	Class C Common Shares	5,230	(1)	5,230	D
Share Option A (right to buy)	$11.21	06/23/2026		A		12,812		(3)	06/23/2036	Class A Common Shares	12,812	$0	12,812	D
Share Option C (right to buy)	$10.78	06/23/2026		A		12,812		(3)	06/23/2036	Class C Common Shares	12,812	$0	12,812	D
Restricted Share Units A	(1)	06/23/2026		M			5,809	(4)	(4)	Class A Common Shares	5,809	(1)	0	D
Restricted Share Units C	(1)	06/23/2026		M			5,809	(4)	(4)	Class C Common Shares	5,809	(1)	0	D
Class A Share Fund Units	(5)	06/23/2026		M		5,809		(5)	(5)	Class A Common Shares	5,809	(5)	27,752	D
Class C Share Fund Units	(5)	06/23/2026		M		5,809		(5)	(5)	Class C Common Shares	5,809	(5)	42,790	D

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.

5. The share fund units represent the economic equivalent of one share of the corresponding class of the Issuer's common shares. The share fund units confer no voting or other rights of stock ownership. The share fund units will be payable, in shares of the corresponding class of the Issuer's common shares, in accordance with the Director Deferred Compensation Plan.

Remarks:

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

	/s/ Colton Lyons, Attorney-in-Fact	06/25/2026
	** 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.
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 Paul A. Gould report in this Form 4?

Paul A. Gould reported exercising previously granted Restricted Share Units and receiving new grants of share options and RSUs tied to Liberty Global’s Class A and Class C shares as part of his director compensation.

Were there any open-market stock purchases or sales by Paul A. Gould in Liberty Global?

No, the Form 4 shows no open-market purchases or sales. All reported transactions are exercises of derivative awards and new grants of share options and Restricted Share Units related to Liberty Global’s Class A and Class C equity.

How many Liberty Global share fund units does Paul A. Gould hold after these transactions?

After the transactions, Paul A. Gould holds 42,790 Class C share fund units and 27,752 Class A share fund units. Each fund unit represents the economic equivalent of one corresponding Liberty Global common share under the Director Deferred Compensation Plan.

What new share options did Paul A. Gould receive from Liberty Global?

He received options over 12,812 Class C common shares with a $10.78 exercise price and 12,812 Class A common shares with an $11.21 exercise price. These options expire in 2036 and vest in three equal annual installments starting at the 2027 annual meeting.

What new Restricted Share Units did Liberty Global grant to Paul A. Gould?

Liberty Global granted 5,230 Restricted Share Units linked to Class A common shares and 5,230 linked to Class C common shares. According to the filing, these RSUs will vest in full on the date of the issuer’s 2027 annual general meeting.

When did Paul A. Gould’s previously outstanding RSUs in Liberty Global vest and settle?

The filing notes that certain Restricted Share Units vested in full on the date of Liberty Global’s 2026 annual general meeting and were settled into corresponding share fund units representing economic equivalents of common shares.