Liberty Global (LBTYA) CTO gets stock awards; trust covers taxes with shares

Rhea-AI Filing Summary

Liberty Global Ltd. executive Enrique Rodriguez, EVP and Chief Technology Officer, reported share awards and related tax withholding handled through the Enrique Rodriguez Management Trust. On Class A Common Shares, the trust acquired 20,835 shares as a grant and delivered 11,568 shares at $12.18 per share to cover tax obligations, leaving 365,158 Class A shares held indirectly. On Class C Common Shares, the trust likewise acquired 20,835 shares and delivered 11,568 shares at $11.91 per share for taxes, ending with 575,943 Class C shares held indirectly. The filing also shows direct holdings of 100,209 Class A shares and 106,085 Class C shares, plus 15,892 Class C shares held indirectly through a 401(k) plan.

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^*

Rodriguez Enrique

(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)
	EVP, Chief Technology Officer

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		20,835	A	(1)	376,726	I	By Trust(2)
Class A Common Shares	03/13/2026		F		11,568	D	$12.18	365,158	I	By Trust(2)
Class C Common Shares	03/13/2026		A		20,835	A	(1)	587,511	I	By Trust(2)
Class C Common Shares	03/13/2026		F		11,568	D	$11.91	575,943	I	By Trust(2)
Class A Common Shares								100,209	D
Class C Common Shares								106,085	D
Class C Common Shares								15,892	I	By 401(k) Plan

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 Enrique Rodriguez Management 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.
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FAQ

What did Liberty Global (LBTYA) executive Enrique Rodriguez report in this Form 4?

Enrique Rodriguez reported stock awards and related tax withholding through a trust. The trust received Class A and Class C share grants and delivered portions of those shares to satisfy tax obligations tied to the compensation.

How many Liberty Global Class A shares were granted to the Rodriguez trust?

The Enrique Rodriguez Management Trust acquired 20,835 Liberty Global Class A Common Shares as a stock grant. These shares were issued as compensation following a three-year performance period under the company’s 2023 Ventures Incentive Plan.

How many Liberty Global Class C shares were granted in this Form 4 filing?

The Enrique Rodriguez Management Trust also acquired 20,835 Liberty Global Class C Common Shares. These Class C shares were issued as part of the same performance-based incentive arrangement, reflecting equity compensation rather than open‑market purchases.

What Liberty Global shares were used to cover Enrique Rodriguez’s tax obligations?

To cover tax obligations, 11,568 Class A shares at $12.18 per share and 11,568 Class C shares at $11.91 per share were delivered. These dispositions are coded as tax-withholding events, not open-market sales, and relate directly to the share awards.

What are Enrique Rodriguez’s indirect Liberty Global holdings after these transactions?

After the transactions, the Enrique Rodriguez Management Trust holds 365,158 Class A and 575,943 Class C Liberty Global shares. These positions reflect indirect ownership, with Rodriguez serving as trustee of the management trust referenced in the filing footnotes.

What direct Liberty Global shareholdings does Enrique Rodriguez report?

Enrique Rodriguez reports direct ownership of 100,209 Liberty Global Class A Common Shares and 106,085 Class C Common Shares. In addition, 15,892 Class C shares are held indirectly through a 401(k) plan, providing retirement-related exposure to the company’s equity.