MALONE JOHN C 4

What Happened
John C. Malone, a reported 10% owner of Atlanta Braves Holdings, Inc. (BATRA), purchased a total of 38,669 shares across two transactions (code P = purchase). On 2026-02-05 he acquired 35,000 shares at a weighted average price of $44.23 for about $1,548,050 (range reported $43.66–$44.74). On 2026-02-04 he acquired 3,669 shares at $48.17 for about $176,736. These were purchases (not sales), which are generally viewed as a direct buy of stock.

Key Details

• Transaction dates and prices:
  • 2026-02-05: 35,000 shares @ $44.23 (weighted avg; range $43.66–$44.74) — ~$1,548,050 (F1)
  • 2026-02-04: 3,669 shares @ $48.17 — ~$176,736
• Total shares bought: 38,669; total cash value ≈ $1,724,786.
• Some shares were noted as purchased in a private transaction (F3).
• Footnotes of note:
  • F1: weighted average price with disclosed price range for the transaction.
  • F2: describes Series B to Series A conversion rights (convertible on a 1:1 basis).
  • F3: indicates a private (non-open-market) purchase for at least one transaction.
  • F4: the reporting person disclaims beneficial ownership of certain shares as stated in the filing.
• Shares owned after the transactions were not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-02-06 for transactions on 2026-02-04 and 2026-02-05 — appears timely (no late filing indicated).

Context
As a 10% owner, Malone is a significant shareholder rather than an officer-level insider; purchases by large holders can signal confidence but do not alone indicate intent or future performance. The filing includes private-purchase and weighted-average price details; no options exercises, grants, or tax-withholding events were reported in the provided transactions.