BRACKEN CHARLES H R 4

What Happened
Charles H. R. Bracken, EVP & Chief Financial Officer of Liberty Global Ltd. (tickers LBTYA / LBTYB / LBTYK), was granted a total of 369,472 equity awards on March 26, 2026. The filing shows four derivative award entries: two grants of 102,631 units (price $0.00) and two grants of 82,105 units (price listed as N/A). These awards are grants (Form 4 code A) — not open-market purchases or sales — and therefore represent compensation-equity rather than a cash transaction.

Key Details

• Transaction date: 2026-03-26; Form 4 filed 2026-03-30 (filing appears timely).
• Total units granted: 102,631 + 102,631 + 82,105 + 82,105 = 369,472 (derivative awards).
• Reported prices: two entries at $0.00; two entries shown as N/A. No cash value realized at grant.
• Shares owned after transaction: not specified in the available filing details.
• Notable footnotes:
  • F1 (PSUs): Performance Share Units vest based on stock-price hurdles over Jan 1, 2026–Dec 31, 2028, cliff vesting Feb 15, 2029; payout 0–100% with possible overperformance up to 200%.
  • F2 (RSUs): Restricted Share Units entitle holder to one share per unit.
  • F3: RSUs vest in three equal annual installments beginning May 1, 2027.
• No tax-withholding or immediate sale (cashless exercise) noted in the filing.

Context
These are equity compensation awards (PSUs and RSUs). PSUs are performance-contingent — their final payout depends on future stock-price performance and cliff-vesting in 2029 — while RSUs vest over multiple years starting in 2027. Because these are grants rather than purchases or sales, they are routine compensation/retention instruments and do not by themselves signal immediate insider buying or selling.