MALONE JOHN C sold LBRDK
August 19, 2026 · Form 4 insider transaction
MALONE JOHN C sold 868,000 shares of Liberty Broadband Corporation, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
As a result of the Merger, the dealer counterparty to the 2019 Transaction adjusted the transaction pursuant to its terms to (i) substitute each Share of Series C Common Stock underlying the 2019 Transaction for 0.2360 shares of Charter Common Stock and (ii) adjusted the strike prices of the call options and put options.; The 2019 Transaction is divided into 15 components, each of the first 5 of which are with respect to 66,000 shares of Series C Common Stock and each of the next 10 of which are with respect to 67,000 shares of Series C Common Stock. The components mature on sequential trading days over the period beginning on August 18, 2026 and ending on September 8, 2026.; The 2019 Transaction is a "zero-cost collar" in which no premium was exchanged for either the call options or the put options.