[Form 4] Liberty Global Ltd. Insider Trading Activity

Rhea-AI Filing Summary

Liberty Global director Curtis Miranda reported a sale of 42,600 Class C common shares on 08/25/2025 at a weighted-average price of $11.7685 per share. After the transaction Miranda beneficially owned 129,305 Class C shares on a direct basis. The Form 4 was signed by an attorney-in-fact on 08/26/2025. The filing notes the weighted-average sale price ranged from $11.694 to $11.825 and offers to provide the breakdown of shares sold at each price upon request. Trading symbols for the issuer include LBTYA, LBTYB, and LBTYK.

Positive

• None.

Negative

• Director sale: Curtis Miranda disposed of 42,600 Class C shares, reducing his direct holding to 129,305 shares.
• Potential selling pressure: The reported sale at a weighted-average price of $11.7685 could represent incremental supply in the market.

Insights

Financial Analyst

TL;DR Director sold a modest block of shares; transaction appears routine and provides limited new information for valuation.

The reported sale of 42,600 Class C shares at a weighted-average price of $11.7685 reduces the director's direct holding to 129,305 shares. The disclosure is clear on price range and provides the seller's offer to supply per-price quantities on request, which supports transparency. There is no accompanying information about intent, rule 10b5-1 plan usage, or other material corporate developments in this filing, so the transaction alone is unlikely to materially alter Liberty Global's investment thesis.

Corporate Governance Expert

TL;DR A director-initiated sale disclosed; documentation meets Section 16 reporting requirements and includes price-range details.

The Form 4 identifies Curtis Miranda as a director and reports a direct disposition. The filing includes an explanatory remark about the weighted-average price range and a statement offering additional breakdowns, which aligns with good disclosure practice. There is no indication in this filing of a planned trading program or any governance-related event tied to the sale. As disclosed, the transaction appears to be a standard reportable insider sale without governance implications disclosed here.

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^*

CURTIS MIRANDA

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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 C Common Shares	08/25/2025		S		42,600	D	$11.7685(1)	129,305	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 price reflects a weighted average of sales made at prices ranging from $11.694 to $11.825. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

Remarks:

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

	/s/ Cory Smith, Attorney-in-Fact	08/26/2025
	** 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 did Curtis Miranda report selling in the Form 4 for LBTYK?

The Form 4 discloses the sale of 42,600 Class C common shares on 08/25/2025.

At what price were the LBTYK shares sold by the director?

The shares were sold at a weighted-average price of $11.7685, with a reported price range of $11.694 to $11.825.

How many LBTYK shares does the reporting person own after the transaction?

After the sale the reporting person beneficially owned 129,305 Class C shares on a direct basis.

Does the Form 4 indicate a 10b5-1 trading plan or amendment?

No. The filing does not indicate that the transaction was made pursuant to a 10b5-1 plan or an amendment to a prior Form 4.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by /s/ Cory Smith, Attorney-in-Fact on 08/26/2025.