Liberty Global (LBTYA) director J. David Wargo sells 55,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Global Ltd. director J. David Wargo reported open-market sales of company shares. On June 16, 2026, he sold 45,000 Class C Common Shares at a weighted average price of about $11.46 and 10,000 Class A Common Shares at a weighted average price of about $11.92.
After these sales, Wargo directly held 114,632 Class C and 53,876 Class A common shares. The filing also reports 32 Class C shares held indirectly by his spouse, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 55,000 shares ($634,794)
Net Sell
3 txns
Insider
WARGO J DAVID
Role
null
Sold
55,000 shs ($635K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares | 10,000 | $11.9224 | $119K |
| Sale | Class C Common Shares | 45,000 | $11.4571 | $516K |
| holding | Class C Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 53,876 shares (Direct, null);
Class C Common Shares — 114,632 shares (Direct, null);
Class C Common Shares — 32 shares (Indirect, By Spouse)
Footnotes (1)
- The price reflects a weighted average of sales made at prices ranging from $11.92 to $11.935. 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. The price reflects a weighted average of sales made at prices ranging from $11.44 to $11.50. 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. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Key Figures
Class C shares sold: 45,000 shares
Class C sale price (weighted avg): $11.4571 per share
Class A shares sold: 10,000 shares
+5 more
8 metrics
Class C shares sold
45,000 shares
Open-market sale on June 16, 2026
Class C sale price (weighted avg)
$11.4571 per share
Weighted average; trades ranged $11.44–$11.50
Class A shares sold
10,000 shares
Open-market sale on June 16, 2026
Class A sale price (weighted avg)
$11.9224 per share
Weighted average; trades ranged $11.92–$11.935
Class C shares held after
114,632 shares
Direct ownership following transactions
Class A shares held after
53,876 shares
Direct ownership following transactions
Indirect Class C holdings
32 shares
Held by spouse; beneficial ownership disclaimed
Net shares sold
55,000 shares
Net-sell direction per transaction summary
Key Terms
open-market sale, Class A Common Shares, Class C Common Shares, weighted average, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for both Class A and Class C shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"The price reflects a weighted average of sales made at prices ranging..."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did Liberty Global (LBTYA) disclose for J. David Wargo?
Liberty Global disclosed that director J. David Wargo sold Class A and Class C Common Shares on June 16, 2026. The Form 4 reports two open-market sales totaling 55,000 shares, plus a small indirect holding through his spouse.
What are J. David Wargo’s Liberty Global holdings after these sales?
After the reported transactions, J. David Wargo directly held 114,632 Class C Common Shares and 53,876 Class A Common Shares. The filing also notes 32 Class C shares held indirectly by his spouse, for which he disclaims beneficial ownership.
What does the weighted average price note mean in Liberty Global’s Form 4?
The weighted average price note means each reported sale price represents an average of multiple trades within a narrow price range. The filing states Wargo will provide details on the number of shares sold at each specific price to regulators, the issuer, or shareholders on request.