Liberty Broadband Corp 4

What Happened

• Liberty Broadband Corp, a reported 10% owner of Charter Communications (CHTR), disposed of 386,045 shares to the issuer on March 12, 2026. The shares were sold at $231.71 per share for a total proceeds of $89,450,487. This was a sale (disposition), not a purchase.

Key Details

• Transaction date: 2026-03-12; Price: $231.71 per share; Shares sold: 386,045; Total value: $89,450,487.
• Transaction type/code: Disposition to issuer (D) — shares were sold back to Charter, not an open-market sale.
• Footnote: The sale was made in an exempt transaction under Rule 16b-3 pursuant to Charter’s stockholder agreements and related letter agreements (including a March 5, 2026 letter), per the filing.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing date / timeliness: Reported on Form 4 with period of report 2026-03-12 (appears to be filed contemporaneously).

Context

• Liberty Broadband is a large institutional/strategic holder (10% owner), not an individual executive; these transactions often reflect contractual arrangements among major shareholders and the company rather than individual insider sentiment. The Rule 16b-3 exemption and stockholder agreement language indicate this was a planned/contractual sale to the issuer.