STOCK TITAN

[8-K] Liberty Media Corporation Series A Liberty SiriusXM Common Stock Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

FMC Corporation (FMC) – Form 4 insider filing: Director Kathy L. Fortmann reported an automatic acquisition of 147 common shares on 17 Jul 2025. The shares were issued at $0 pursuant to dividend-equivalent rights attached to previously-vested restricted stock units, not an open-market purchase. After the issuance, Fortmann directly owns 14,078 FMC shares.

No derivative securities were exercised and no sale occurred. The additional shares represent a fraction of both Fortmann’s total holdings and FMC’s share count, making the economic impact immaterial. Still, incremental ownership growth slightly deepens management-shareholder alignment while signalling that vested equity awards continue to accrue dividends in stock form.

FMC Corporation (FMC) – Comunicazione interna Form 4: La direttrice Kathy L. Fortmann ha segnalato un'acquisizione automatica di 147 azioni ordinarie il 17 luglio 2025. Le azioni sono state emesse a $0 in virtù dei diritti equivalenti ai dividendi collegati a unità azionarie ristrette precedentemente maturate, non si tratta di un acquisto sul mercato aperto. Dopo l'emissione, Fortmann possiede direttamente 14.078 azioni FMC.

Non sono stati esercitati titoli derivati né sono state effettuate vendite. Le azioni aggiuntive rappresentano una frazione sia del totale delle partecipazioni di Fortmann sia del numero complessivo di azioni FMC, rendendo l'impatto economico trascurabile. Tuttavia, la crescita incrementale della proprietà rafforza leggermente l'allineamento tra management e azionisti, segnalando che i premi azionari maturati continuano ad accumulare dividendi in forma di azioni.

FMC Corporation (FMC) – Declaración interna Formulario 4: La directora Kathy L. Fortmann reportó una adquisición automática de 147 acciones comunes el 17 de julio de 2025. Las acciones fueron emitidas a $0 conforme a derechos equivalentes a dividendos vinculados a unidades de acciones restringidas previamente adquiridas, no se trató de una compra en el mercado abierto. Tras la emisión, Fortmann posee directamente 14,078 acciones de FMC.

No se ejercieron valores derivados ni se realizó ninguna venta. Las acciones adicionales representan una fracción tanto de las tenencias totales de Fortmann como del número total de acciones de FMC, haciendo que el impacto económico sea insignificante. Aun así, el crecimiento incremental de la propiedad profundiza ligeramente la alineación entre la dirección y los accionistas, y señala que las recompensas de capital adquiridas continúan acumulando dividendos en forma de acciones.

FMC Corporation (FMC) – 내부자 보고서 Form 4: 이사 Kathy L. Fortmann이 2025년 7월 17일에 147주의 보통주 자동 취득을 보고했습니다. 해당 주식은 이전에 취득된 제한 주식 단위에 부여된 배당금 상당 권리에 따라 $0에 발행되었으며, 공개 시장에서의 구매가 아닙니다. 발행 후 Fortmann은 직접 14,078주의 FMC 주식을 보유하게 되었습니다.

파생 증권의 행사나 매도는 없었습니다. 추가된 주식은 Fortmann의 총 보유 주식과 FMC의 총 주식 수에서 모두 일부에 불과하여 경제적 영향은 미미합니다. 그럼에도 불구하고 소폭의 소유권 증가는 경영진과 주주 간의 이해관계 일치를 다소 강화하며, 취득된 주식 보상은 계속해서 주식 형태로 배당금을 누적함을 시사합니다.

FMC Corporation (FMC) – Déclaration d’initié Formulaire 4 : La directrice Kathy L. Fortmann a déclaré une acquisition automatique de 147 actions ordinaires le 17 juillet 2025. Les actions ont été émises à 0 $ conformément aux droits équivalents aux dividendes attachés à des unités d’actions restreintes déjà acquises, et non par un achat sur le marché libre. Après cette émission, Fortmann détient directement 14 078 actions FMC.

Aucun titre dérivé n’a été exercé et aucune vente n’a eu lieu. Les actions supplémentaires représentent une fraction des avoirs totaux de Fortmann ainsi que du nombre total d’actions FMC, rendant l’impact économique négligeable. Néanmoins, cette légère augmentation de la détention renforce un peu plus l’alignement entre la direction et les actionnaires, tout en indiquant que les attributions d’actions acquises continuent de générer des dividendes sous forme d’actions.

FMC Corporation (FMC) – Insider-Meldung Form 4: Direktorin Kathy L. Fortmann meldete am 17. Juli 2025 den automatischen Erwerb von 147 Stammaktien. Die Aktien wurden gemäß dividendenäquivalenten Rechten, die an zuvor erworbene Restricted Stock Units gebunden sind, zu $0 ausgegeben, es handelte sich nicht um einen Kauf am offenen Markt. Nach der Ausgabe besitzt Fortmann direkt 14.078 FMC-Aktien.

Es wurden keine Derivate ausgeübt und kein Verkauf getätigt. Die zusätzlichen Aktien stellen nur einen Bruchteil von Fortmanns Gesamtbestand sowie der Gesamtzahl der FMC-Aktien dar, sodass die wirtschaftliche Auswirkung unerheblich ist. Dennoch vertieft das leichte Wachstum des Anteilsbesitzes die Ausrichtung zwischen Management und Aktionären und signalisiert, dass erworbene Aktienprämien weiterhin Dividenden in Form von Aktien anhäufen.

Positive
  • Director’s total share ownership increases, maintaining alignment with shareholders
Negative
  • Transaction is immaterial—147 shares have negligible financial significance
  • Shares were granted, not purchased; offers limited insight into insider sentiment

Insights

TL;DR: Routine dividend-equivalent share issuance; negligible market impact.

The 147-share addition (~$minor value) is administrative, stemming from dividend equivalents on vested RSUs. Such transactions neither reflect active insider conviction nor alter the float. Fortmann’s total stake of 14,078 shares remains modest relative to FMC’s 126 M outstanding shares. Investors should treat the filing as neutral; valuation drivers remain fundamentals, not this Form 4.

FMC Corporation (FMC) – Comunicazione interna Form 4: La direttrice Kathy L. Fortmann ha segnalato un'acquisizione automatica di 147 azioni ordinarie il 17 luglio 2025. Le azioni sono state emesse a $0 in virtù dei diritti equivalenti ai dividendi collegati a unità azionarie ristrette precedentemente maturate, non si tratta di un acquisto sul mercato aperto. Dopo l'emissione, Fortmann possiede direttamente 14.078 azioni FMC.

Non sono stati esercitati titoli derivati né sono state effettuate vendite. Le azioni aggiuntive rappresentano una frazione sia del totale delle partecipazioni di Fortmann sia del numero complessivo di azioni FMC, rendendo l'impatto economico trascurabile. Tuttavia, la crescita incrementale della proprietà rafforza leggermente l'allineamento tra management e azionisti, segnalando che i premi azionari maturati continuano ad accumulare dividendi in forma di azioni.

FMC Corporation (FMC) – Declaración interna Formulario 4: La directora Kathy L. Fortmann reportó una adquisición automática de 147 acciones comunes el 17 de julio de 2025. Las acciones fueron emitidas a $0 conforme a derechos equivalentes a dividendos vinculados a unidades de acciones restringidas previamente adquiridas, no se trató de una compra en el mercado abierto. Tras la emisión, Fortmann posee directamente 14,078 acciones de FMC.

No se ejercieron valores derivados ni se realizó ninguna venta. Las acciones adicionales representan una fracción tanto de las tenencias totales de Fortmann como del número total de acciones de FMC, haciendo que el impacto económico sea insignificante. Aun así, el crecimiento incremental de la propiedad profundiza ligeramente la alineación entre la dirección y los accionistas, y señala que las recompensas de capital adquiridas continúan acumulando dividendos en forma de acciones.

FMC Corporation (FMC) – 내부자 보고서 Form 4: 이사 Kathy L. Fortmann이 2025년 7월 17일에 147주의 보통주 자동 취득을 보고했습니다. 해당 주식은 이전에 취득된 제한 주식 단위에 부여된 배당금 상당 권리에 따라 $0에 발행되었으며, 공개 시장에서의 구매가 아닙니다. 발행 후 Fortmann은 직접 14,078주의 FMC 주식을 보유하게 되었습니다.

파생 증권의 행사나 매도는 없었습니다. 추가된 주식은 Fortmann의 총 보유 주식과 FMC의 총 주식 수에서 모두 일부에 불과하여 경제적 영향은 미미합니다. 그럼에도 불구하고 소폭의 소유권 증가는 경영진과 주주 간의 이해관계 일치를 다소 강화하며, 취득된 주식 보상은 계속해서 주식 형태로 배당금을 누적함을 시사합니다.

FMC Corporation (FMC) – Déclaration d’initié Formulaire 4 : La directrice Kathy L. Fortmann a déclaré une acquisition automatique de 147 actions ordinaires le 17 juillet 2025. Les actions ont été émises à 0 $ conformément aux droits équivalents aux dividendes attachés à des unités d’actions restreintes déjà acquises, et non par un achat sur le marché libre. Après cette émission, Fortmann détient directement 14 078 actions FMC.

Aucun titre dérivé n’a été exercé et aucune vente n’a eu lieu. Les actions supplémentaires représentent une fraction des avoirs totaux de Fortmann ainsi que du nombre total d’actions FMC, rendant l’impact économique négligeable. Néanmoins, cette légère augmentation de la détention renforce un peu plus l’alignement entre la direction et les actionnaires, tout en indiquant que les attributions d’actions acquises continuent de générer des dividendes sous forme d’actions.

FMC Corporation (FMC) – Insider-Meldung Form 4: Direktorin Kathy L. Fortmann meldete am 17. Juli 2025 den automatischen Erwerb von 147 Stammaktien. Die Aktien wurden gemäß dividendenäquivalenten Rechten, die an zuvor erworbene Restricted Stock Units gebunden sind, zu $0 ausgegeben, es handelte sich nicht um einen Kauf am offenen Markt. Nach der Ausgabe besitzt Fortmann direkt 14.078 FMC-Aktien.

Es wurden keine Derivate ausgeübt und kein Verkauf getätigt. Die zusätzlichen Aktien stellen nur einen Bruchteil von Fortmanns Gesamtbestand sowie der Gesamtzahl der FMC-Aktien dar, sodass die wirtschaftliche Auswirkung unerheblich ist. Dennoch vertieft das leichte Wachstum des Anteilsbesitzes die Ausrichtung zwischen Management und Aktionären und signalisiert, dass erworbene Aktienprämien weiterhin Dividenden in Form von Aktien anhäufen.

false 0001560385 0001560385 2025-07-21 2025-07-21 0001560385 lmca:LibertyFormulaOneGroupCommonClassAMember 2025-07-21 2025-07-21 0001560385 lmca:LibertyFormulaOneGroupCommonClassCMember 2025-07-21 2025-07-21 0001560385 lmca:LibertyLiveGroupCommonClassAMember 2025-07-21 2025-07-21 0001560385 lmca:LibertyLiveGroupCommonClassCMember 2025-07-21 2025-07-21 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): July 21, 2025

 

LIBERTY MEDIA CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware  001-35707  37-1699499
(State or other jurisdiction of
incorporation or organization)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

12300 Liberty Blvd.

Englewood, Colorado 80112

(Address of principal executive offices and zip code)

 

Registrant's telephone number, including area code: (720) 875-5400

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol Name of each exchange on which registered
Series A Liberty Formula One Common Stock FWONA The Nasdaq Stock Market LLC
Series C Liberty Formula One Common Stock FWONK The Nasdaq Stock Market LLC
Series A Liberty Live Common Stock LLYVA The Nasdaq Stock Market LLC
Series C Liberty Live Common Stock LLYVK The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

 

Item 2.02 Results of Operations and Financial Condition.

 

Dorna Sports, S.L., a private limited company incorporated in Spain (“Dorna”) and a subsidiary of Liberty Media Corporation (the “Company”), is hosting a lender presentation on July 23, 2025 in connection with the refinancing of its term loan “A” facility, term loan “B” facility and revolving credit facility. In advance of the lender presentation, the Company is providing an update regarding its pro forma estimated cash and cash equivalents for Dorna as of June 30, 2025, which was approximately €284 million. The pro forma estimated cash and cash equivalents for Dorna as of June 30, 2025 reflect net cash proceeds of Dorna’s incremental €150 million term loan “A” that closed on July 9, 2025 and a €186 million intercompany loan made by Dorna to a wholly owned subsidiary of the Company on July 10, 2025.

 

Cautionary Statements Relating to Estimates

 

The information provided in this Current Report on Form 8-K reflects Dorna’s estimate based solely upon information available to it as of the date of this Current Report on Form 8-K. The information provided is not a comprehensive statement of the financial results or position of the Company’s or Dorna’s operating business as of June 30, 2025 and does not present all necessary information for a complete understanding of the Company’s or Dorna’s financial condition or results of operations as of or for the quarter ended June 30, 2025. Accordingly, you should not place undue reliance on this preliminary estimate.

 

Forward Looking Statements

 

This Current Report on Form 8-K includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed transactions described above and the expected terms thereof. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, general market conditions and the completion of the Company’s normal quarterly review procedures. These forward-looking statements speak only as of the date of this Current Report on Form 8-K, and the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of the Company, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, for additional information about the Company and about the risks and uncertainties related to the Company’s business which may affect the statements made in this Current Report on Form 8-K.

 

Important Note Regarding Dorna Financial Information

 

This Current Report on Form 8-K includes certain financial information regarding Dorna, which is a privately held foreign company headquartered in Madrid, Spain. Accordingly, Dorna does not provide periodic financial reporting materials similar to those filed by a publicly traded, U.S. company (such as reports filed with the SEC). In addition, Dorna financial information is presented, or obtained from financial information presented, in accordance with the Spanish financial reporting regulatory framework “Spanish GAAP” as defined in the audited financial statements of Dorna. Spanish GAAP consists of (a) the Spanish Commercial Code and all other Spanish corporate law, (b) The Rules for the Preparation of Consolidated Financial Statements approved by Royal Decree 1159/2010 and the Spanish National Chart of Accounts approved by Royal Decree 1514/2007 and by Royal Decree 1/2021, and its industry adaptions, (c) the mandatory rules approved by the Spanish Accounting and Audit Institute in order to implement the Spanish National Chart of Accounts and relevant secondary legislation, and (d) all other applicable Spanish accounting legislation.

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: July 21, 2025

 

  LIBERTY MEDIA CORPORATION
     
  By: /s/ Craig Troyer
    Name: Craig Troyer
    Title: Senior Vice President

 

 

FAQ

How many FMC shares did Director Kathy Fortmann acquire?

She received 147 common shares on 17 Jul 2025.

What was the transaction price for the shares?

The shares were issued at $0 as dividend-equivalent rights, not bought on the market.

What is Fortmann’s total FMC shareholding after the transaction?

Her direct ownership rises to 14,078 shares.

Does the filing indicate insider buying pressure on FMC stock?

No. The shares were automatically issued; the filing is administratively neutral, not a discretionary purchase.

Were any derivative securities exercised or disposed of?

No, Table II shows no derivative activity in this filing.

Why were the shares issued?

They represent dividend-equivalent rights tied to previously-vested restricted stock units.
Liberty Media Corp Del

NASDAQ:LSXMA

LSXMA Rankings

LSXMA Latest News

LSXMA Latest SEC Filings

LSXMA Stock Data

7.28B
184.27M
39.87%
62.37%
1.2%
Broadcasting
Television Broadcasting Stations
Link
United States
ENGLEWOOD