Liberty Broadband Corp 4

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.