Rule 144 Notice: Andrea Wong Proposes Sale of 2,615 LSXMA Shares via Fidelity

Rhea-AI Filing Summary

Rule 144 notice for Liberty Media (LSXMA) reports a proposed sale of 2,615 common shares through Fidelity Brokerage Services with an aggregate market value of $253,524.25. The filing identifies 2615 shares as the amount to be sold and lists the approximate sale date as 08/12/2025. The company’s outstanding shares are reported as 223,627,028, so the proposed sale represents roughly 0.0012% of the outstanding float, a de minimis quantity.

The notice also discloses recent acquisitions by the seller via stock option exercises: 2,652 shares on 05/13/2025, 602 shares on 12/08/2024, and 1,147 shares on 12/10/2021 (totaling 4,401 shares acquired by exercise). A prior sale by Andrea Wong of 1,200 shares on 05/22/2025 generated $116,652.00 in gross proceeds. The notice contains no earnings or operational disclosures.

Insights

Financial Analyst

TL;DR: Small Rule 144 sale by a holder who recently exercised options; transaction size is immaterial to market capitalization.

The filing shows a proposed sale of 2,615 LSXMA shares valued at $253,524.25, representing about 0.0012% of the 223,627,028 shares outstanding. Recent acquisitions were via option exercises totaling 4,401 shares. Given the tiny fraction of outstanding stock involved and the use of a major broker, this notice is unlikely to move the share price or alter investor fundamentals. No operational or financial metrics are disclosed.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; recent option exercises and an earlier sale are transparently reported.

The form lists acquisition dates and the nature of acquisition as stock options exercise for multiple tranches and a recent executed sale of 1,200 shares for $116,652.00. The seller represents there is no undisclosed material adverse information. From a governance and compliance perspective, the filing appears complete for the transactions reported and shows sales routed through Fidelity Brokerage Services.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	2615	253524.25	223627028	08/12/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/13/2025	stock options exercise	Liberty Media Corp FWONK			2652	05/13/2025	n/a
Common	12/08/2024	stock options exercise	Liberty Media Corp FWONK			602	12/08/2024	n/a
Common	12/10/2021	stock options exercise	Liberty Media Corp FWONK			1147	12/10/2021	n/a

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Andrea Wong 12300 Liberty Boulevard Englewood CO 80112	FWONK	05/22/2025	1200	116652.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for LSXMA report?

It reports a proposed sale of 2,615 Liberty Media (LSXMA) common shares through Fidelity with an aggregate market value of $253,524.25.

Who executed recent option exercises reported in the filing?

Stock options were exercised to acquire 2,652 shares on 05/13/2025, 602 shares on 12/08/2024, and 1,147 shares on 12/10/2021.

Has the filer sold any LSXMA shares in the past three months?

Yes. The filing shows Andrea Wong sold 1,200 shares on 05/22/2025, generating $116,652.00 in gross proceeds.

What broker is handling the proposed sale?

Fidelity Brokerage Services LLC (245 Summer Street, Boston, MA) is listed as the broker for the proposed sale.

How large is the proposed sale relative to outstanding shares?

The 2,615-share proposal equals about 0.0012% of the 223,627,028 shares outstanding, a de minimis percentage of the company’s stock.