BRACKEN CHARLES H R 4
4 · Liberty Global Ltd. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Liberty Global (LBTY) CFO Charles Bracken Receives Award; Sells 35,392 Shares for Taxes
What Happened
Charles H. R. Bracken, EVP & CFO of Liberty Global Ltd., received equity awards as part of the company's 2025 Annual Performance Award and concurrently had shares surrendered to cover tax withholding. On March 6, 2026, Bracken was granted two awards of 37,649 shares each (likely representing Class A and Class C awards) and received RSUs equal to 12.5% of those awards (4,706 RSUs per award). To satisfy tax withholding, 17,696 shares were surrendered against each award (total surrendered = 35,392 shares) at reported values of $12.54 ($221,908) and $12.36 ($218,723), for a combined value of approximately $440,631.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026.
- Grants: Two awards of 37,649 shares (Class A and Class C per footnote) and two derivative grants of 4,706 RSUs each (total RSUs = 9,412).
- Withholding/surrender: 17,696 shares surrendered per award (35,392 shares total) to cover taxes — values $221,908 and $218,723 (total ≈ $440,631).
- RSU vesting: RSUs represent rights to one share each and will vest in full on March 1, 2027, provided the reporting person does not sell or otherwise dispose of the Bonus Shares through that date (footnote).
- Ownership after transaction: Not specified in the provided extract.
- Shares held via entity: Some shares are held by Charlouise Ltd., controlled by Bracken (footnote).
- Trading symbols: LBTYA, LBTYB, LBTYK.
Context
- The share disposals here were tax-withholding transactions (code F), not open-market sales; this is a routine step when awards are paid in shares.
- The RSUs are time-based/holding-incentive awards tied to the 2025 Annual Performance Award and are subject to vesting and holding requirements until March 1, 2027.
- These filings are informational and do not by themselves indicate the insider's view on the company's stock price.
Insider Transaction Report
- Award
Class A Common Shares
[F1]2026-03-06+37,649→ 49,311 total - Tax Payment
Class A Common Shares
2026-03-06$12.54/sh−17,696$221,908→ 31,615 total - Award
Class C Common Shares
[F1]2026-03-06+37,649→ 49,311 total - Tax Payment
Class C Common Shares
2026-03-06$12.36/sh−17,696$218,723→ 31,615 total - Award
Restricted Share Units A
[F3][F4]2026-03-06+4,706→ 4,706 total→ Class A Common Shares (4,706 underlying) - Award
Restricted Share Units C
[F3][F4]2026-03-06+4,706→ 4,706 total→ Class C Common Shares (4,706 underlying)
- 110,206(indirect: held by Charlouise Ltd.)
Class A Common Shares
[F2]
Footnotes (4)
- [F1]Class A and Class C common shares of the Issuer received by the Reporting Person pursuant to the Issuer's 2025 Annual Performance Award for employees (which was paid in part in shares), subject to applicable tax withholding.
- [F2]Shares are held by Charlouise Ltd., which is controlled by the Reporting Person.
- [F3]Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
- [F4]Based on the Reporting Person's receipt of shares as part of the 2025 Annual Performance Award described in footnote 1, the Reporting Person also received RSUs equal to 12.5% of such shares received pursuant to the shareholding incentive program of the 2025 Annual Performance Award program. These RSUs will vest in full on March 1, 2027, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.