MALONE JOHN C sold FWONK
March 30, 2026 · Form 4 insider transaction
MALONE JOHN C sold 250,000 shares of Formula One Group at $5.14 per share, a transaction worth $1.28M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
On March 30, 2026, Mr. Malone wrote over-the-counter put options to a financial institution counterparty representing the obligation by the financial institution to sell to Mr. Malone an aggregate of 250,000 shares of Series A Liberty Formula One Common Stock at a strike price of $71.7531, which was determined pursuant to a formula based on the weighted average prices of the Series A Liberty Formula One Common Stock at which the financial institution established its initial hedge position in respect of the put options. Mr. Malone received, in the aggregate, a premium of approximately $1,284,000 in connection with entering into the put options. The put options are European style and may be settled physically or in cash at the option of Mr. Malone. The put options expire in three approximately equal components on March 29, 2027, March 30, 2027 and March 31, 2027.