Liberty Live (LLYVA) CAO & PFO awarded 3,180 Series C shares

Rhea-AI Filing Summary

Liberty Live Holdings, Inc. reported that executive Brian J. Wendling, the company’s CAO & PFO, acquired 3,180 shares of Series C Liberty Live Group Common Stock on February 16, 2026. These shares are being issued at no cost following certification that performance criteria tied to prior performance-based restricted stock units were satisfied. After this grant-related issuance, Wendling holds a total of 20,446 shares of this stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wendling Brian J

Role CAO & PFO

Type	Security	Shares	Price	Value
Grant/Award	Series C Liberty Live Group Common Stock	3,180	$0.00	--

Holdings After Transaction: Series C Liberty Live Group Common Stock — 20,446 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Wendling Brian J

(Last) (First) (Middle)

12300 LIBERTY BLVD

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Live Holdings, Inc. [ LLYVK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

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
Series C Liberty Live Group Common Stock	02/16/2026		A		3,180(1)	A	$0.0000	20,446	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. Represents shares of Series C Liberty Live Group Common Stock to be issued as a result of the certification on February 16, 2026 of the satisfaction of performance criteria established for the performance-based restricted stock units granted to the reporting person on May 12, 2025.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling	02/23/2026
	** 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 transaction did Liberty Live (LLYVA) disclose for Brian J. Wendling?

Liberty Live disclosed that Brian J. Wendling acquired 3,180 shares of Series C Liberty Live Group Common Stock. The shares were issued following certification that performance conditions for his earlier performance-based restricted stock units had been met.

Was the Liberty Live (LLYVA) insider transaction an open-market purchase or a grant?

The Liberty Live insider transaction was a grant-related acquisition, not an open-market purchase. Shares were issued at a price of $0.0000 per share after performance criteria for previously granted performance-based restricted stock units were certified as satisfied.

How many Liberty Live Series C shares does Brian J. Wendling hold after this Form 4?

After this transaction, Brian J. Wendling beneficially owns 20,446 shares of Series C Liberty Live Group Common Stock directly. This reflects the addition of 3,180 shares issued upon satisfaction of performance criteria for earlier performance-based restricted stock units.

What triggered the issuance of new Liberty Live (LLYVA) shares to Brian J. Wendling?

The issuance was triggered by certification on February 16, 2026 that performance criteria were satisfied. These criteria related to performance-based restricted stock units granted to Brian J. Wendling on May 12, 2025, converting the units into 3,180 shares of Series C stock.

Does the Liberty Live Form 4 show Brian J. Wendling selling any shares?

The Form 4 does not show any sale by Brian J. Wendling. It reports only an acquisition of 3,180 Series C Liberty Live Group Common Stock shares through satisfaction of performance-based restricted stock unit criteria, increasing his direct holdings to 20,446 shares.