Liberty Broadband Corp 4
4 · CHARTER COMMUNICATIONS, INC. /MO/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Charter (CHTR) 10% Owner Liberty Broadband Sells 31,315 Shares
What Happened
Liberty Broadband Corp., a reported 10% owner of Charter Communications, sold 31,315 shares of Charter common stock to the issuer on June 11, 2026. The shares were disposed at $162.86 per share, for a total transaction value of approximately $5,099,961. This was a disposition (transaction code D) — a sale back to the company rather than an open-market trade.
Key Details
- Transaction date: 2026-06-11; Price: $162.86 per share; Shares sold: 31,315; Total value: ~$5,099,961.
- Transaction type/code: D — disposition to the issuer (sale to the company).
- Shares owned after the transaction: not specified in the excerpt provided.
- Filing: Reported on Form 4 with Period of Report and Filing date of 2026-06-11 (timely filing).
- Footnote: The sale was made to the issuer in an exempt transaction pursuant to Rule 16b-3 and various stockholder and letter agreements (including agreements dated May 23, 2015; Feb 23, 2021; Nov 12, 2024; and Mar 5, 2026).
Context
Because Liberty Broadband is a 10% owner (institutional holder), this is corporate-level insider activity rather than an executive buying or selling for personal reasons. The sale was executed under contractual agreements with Charter and claimed an exemption under Rule 16b-3, meaning it was a planned/contractual transfer to the company rather than a market-driven trade.
Insider Transaction Report
- Disposition to Issuer
Class A Common Stock
[F1]2026-06-11$162.86/sh−31,315$5,099,961→ 38,723,470 total(indirect: Held through wholly-owned subsidiaries)
Footnotes (1)
- [F1]Such shares were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended, pursuant to the terms of the Second Amended and Restated Stockholders Agreement, dated as of May 23, 2015, as amended, by and among, among others, the Issuer, Advance/Newhouse Partnership and the Reporting Person, the Letter Agreement, dated February 23, 2021, between the Issuer and the Reporting Person, Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement, dated as of November 12, 2024, by and among, among others, the Issuer and the Reporting Person, and the Letter Agreement, dated March 5, 2026, by and among the Issuer, the Reporting Person and Advance/Newhouse Partnership.