Liberty Broadband Corp 4
4 · CHARTER COMMUNICATIONS, INC. /MO/ · Filed Jul 14, 2026
Research Summary
AI-generated summary of this filing
Charter (CHTR) 10% Owner Liberty Broadband Sells 129,907 Shares
What Happened
Liberty Broadband Corporation, identified as a 10% owner of Charter Communications (CHTR), disposed of 129,907 Charter shares on July 14, 2026. The shares were sold to the issuer at $135.88 per share, for a total transaction value of $17,651,763. This was a sale (not a purchase), and the shares were transferred back to Charter rather than sold on the open market.
Key Details
- Transaction date and price: 2026-07-14 — 129,907 shares at $135.88 each.
- Total value: $17,651,763 (exact); about $17.65M (rounded).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: The sale was made to the issuer in an exempt transaction under Rule 16b-3, pursuant to terms of Charter’s Second Amended and Restated Stockholders Agreement and several related letter agreements (including a March 5, 2026 letter).
- Filing timeliness: Form 4 filed on 2026-07-14 (same day as the reported transaction).
Context
This filing involves a 10% owner (an institutional/ownership entity), not an individual executive. Sales by large shareholders can reflect contractual arrangements (here, a sale back to the company under shareholder agreements) rather than a direct signal about management’s view of the company. For retail investors, purchases by insiders often carry more interpretive weight; disposals—especially those executed to the issuer under prearranged agreements—are frequently routine or administrative.
Insider Transaction Report
- Disposition to Issuer
Class A Common Stock
[F1]2026-07-14$135.88/sh−129,907$17,651,763→ 38,593,563 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.