Liberty Global (LBTYA) SVP Waldron granted Class A and C shares, surrenders some for taxes

Rhea-AI Filing Summary

Liberty Global Ltd. senior vice president and chief accounting officer Jason Waldron reported equity awards for both Class A and Class C common shares held through the Jason R. Waldron Revocable Trust, where he is trustee. On March 13, 2026, the trust received 7,863 Class A and 7,863 Class C shares as compensation awards at no cost, following completion of the three-year performance period under Liberty Global’s 2023 Ventures Incentive Plan that ran from January 1, 2023 through December 31, 2025.

To cover tax obligations on these awards, the trust delivered 3,441 Class A shares at $12.18 per share and 3,441 Class C shares at $11.91 per share as tax-withholding dispositions, rather than open-market sales. After these transactions, the trust held 12,805 Class A and 16,006 Class C shares indirectly, and Waldron also held 7,941 Class A and 7,941 Class C shares directly.

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

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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)
03/13/2026

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	03/13/2026		A		7,863	A	(1)	16,246	I	By Trust(2)
Class A Common Shares	03/13/2026		F		3,441	D	$12.18	12,805	I	By Trust(2)
Class C Common Shares	03/13/2026		A		7,863	A	(1)	19,447	I	By Trust(2)
Class C Common Shares	03/13/2026		F		3,441	D	$11.91	16,006	I	By Trust(2)
Class A Common Shares								7,941	D
Class C Common Shares								7,941	D

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

Explanation of Responses:

1. The shares (subject to applicable tax withholding) were issued to the Reporting Person at the discretion of the Issuer's compensation committee following the completion of the three-year performance period of the Issuer's 2023 Ventures Incentive Plan, which performance period began on January 1, 2023 and ended on December 31, 2025.

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

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney. The trading symbols for the Issuer's classes of common shares are LBTYA, LBTYB, and LBTYK.

	/s/ Colton Lyons, Attorney-in-Fact	03/17/2026
	** 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.

FAQ

What insider transactions did Liberty Global (LBTYA) report for Jason Waldron?

Liberty Global reported that SVP and CAO Jason Waldron’s trust received 7,863 Class A and 7,863 Class C common shares as equity awards, and surrendered 3,441 of each class to satisfy tax withholding obligations related to those awards.

Were Jason Waldron’s Liberty Global (LBTYA) share transactions open-market buys or sells?

The filing shows no open-market purchases or sales. Shares were acquired as compensation awards at no cost, and some were disposed of solely to cover tax liabilities by delivering shares back, not through market transactions.

How are Jason Waldron’s Liberty Global (LBTYA) shares held after the Form 4 transactions?

Following the reported transactions, the Jason R. Waldron Revocable Trust held 12,805 Class A and 16,006 Class C common shares indirectly, while Jason Waldron also held 7,941 Class A and 7,941 Class C common shares directly in his own name.

What compensation plan drove the new Liberty Global (LBTYA) share awards to Jason Waldron?

The awards were issued at the compensation committee’s discretion after completing the three-year performance period of Liberty Global’s 2023 Ventures Incentive Plan, which ran from January 1, 2023 through December 31, 2025 and determined the final share grant.

What prices were used for Liberty Global (LBTYA) tax-withholding share dispositions?

To cover tax obligations, 3,441 Class A common shares were delivered at a price of $12.18 per share and 3,441 Class C common shares were delivered at $11.91 per share, as stated for the tax-withholding transactions.

Does the Liberty Global (LBTYA) Form 4 show any remaining derivatives for Jason Waldron?

The filing’s derivative summary is empty, indicating no derivative positions, such as options or similar instruments, are reported as remaining for Jason Waldron in connection with these transactions on the reported date.