WARGO J DAVID 4

What Happened
J. David Wargo, a director of Liberty Global Ltd. (LBTY), sold a total of 55,000 shares in open-market transactions on June 16, 2026, generating aggregate proceeds of approximately $634,794. The sales were reported as two transactions: 10,000 shares at a reported average price of $11.92 (proceeds $119,224) and 45,000 shares at a reported average price of $11.46 (proceeds $515,570). These were outright sales (code S) and are typically routine disposition transactions rather than purchases.

Key Details

• Transaction dates: June 16, 2026; Form 4 filed June 18, 2026 (two business days later, consistent with the usual SEC reporting deadline).
• Individual trades: 10,000 shares @ $11.92 (total $119,224); 45,000 shares @ $11.46 (total $515,570). Aggregate proceeds ≈ $634,794.
• Footnotes: F1/F2 note reported prices are weighted averages across small price ranges (10k-sale range $11.92–$11.935; 45k-sale range $11.44–$11.50); the filer will provide per-price breakdown on request. F3 states the reporting person disclaims beneficial ownership of these securities.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Trading symbols: LBTYA, LBTYB, LBTYK (as noted in the filing remarks).

Context
These were sales, not purchases or option exercises; insider sales can be for many reasons (taxes, diversification, personal liquidity) and do not by themselves prove a change in the insider’s view of the company. The filing indicates open-market dispositions and includes a disclaimer of beneficial ownership for the reported shares. Retail investors should treat this as factual reporting of a director’s sale and consider it alongside other insider activity and company fundamentals.