GCI Liberty, Inc. 8-K
Research Summary
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GCI Liberty Announces 401(k) Blackout for GCI Group Stock
What Happened
- GCI Liberty, Inc. (GLIBA) filed an 8-K on Feb 13, 2026 stating that the Plan administrator will liquidate the Company’s Series C GCI Group common stock held in the company 401(k) stock fund, triggering a temporary blackout. The blackout is expected to begin at 4:00 p.m. ET on March 16, 2026 and end on or about March 20, 2026, though the liquidation (anticipated in Q1 2026) could be delayed.
Key Details
- The blackout affects the GCI Group common stock fund in the GCI 401(k) Plan; transactions and account activities for Series C GCI Group common stock in that fund will be suspended during the blackout.
- The liquidation is the reason for removal of Series C as an investment option and is subject to administrative procedures; anticipated timing is Q1 2026.
- In accordance with Section 306 of Sarbanes‑Oxley and Rule 104 of Regulation BTR, GCI Liberty notified its directors and executive officers of the blackout and related trading prohibitions that will apply to Series A, Series B and Series C GCI Group common stock during the blackout.
- For inquiries, the filing lists contacts: Renee Wilm or Brittany Uthoff, Legal Department, 720‑875‑5900, 12300 Liberty Boulevard, Englewood, CO 80112.
Why It Matters
- For participants in GCI’s 401(k) plan, the blackout means temporary inability to buy, sell or transfer holdings in the Series C GCI Group stock fund during the stated window.
- For directors and executives, the Sarbanes‑Oxley–mandated trading restrictions during the blackout limit transactions in GCI Group stock and are intended to prevent insider trading around plan-directed liquidations.