MALONE JOHN C sold LBRDK
August 19, 2026 · Form 4 insider transaction
MALONE JOHN C sold 400,000 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 2021 Transaction (as defined in the Remarks section) adjusted the transaction pursuant to its terms to (i) substitute each Share of Series C Common Stock underlying the 2021 Transaction for 0.2360 shares of Charter Common Stock and (ii) adjusted the strike prices of the call options and put options.; The 2021 Transaction is divided into 5 components, each of which are with respect to 80,000 shares of Series C Common Stock. The components mature on sequential trading days over the period beginning on August 21, 2028 and ending on August 25, 2028.; The 2021 Transaction is a "zero-cost collar" in which no premium was exchanged for either the call options or the put options.