Charter (CHTR) 10% Owner Liberty Broadband Sells 9,900 Shares

What Happened
Liberty Broadband Corp., a reported 10% owner of Charter Communications (CHTR), disposed of 9,900 Charter shares to the issuer on August 13, 2026. The shares were sold at $133.86 per share for a total proceeds of $1,325,214. The Form 4 reports this as a disposition to the issuer (sale).

Key Details

• Transaction date: 2026-08-13. Price: $133.86 per share. Total value: $1,325,214.
• Transaction type: Disposition to issuer (sale).
• Footnote: The sale was made to the issuer in an exempt transaction under Rule 16b-3 pursuant to the Second Amended and Restated Stockholders Agreement and several related letter agreements (including agreements dated Feb 23, 2021, Nov 12, 2024, and Mar 5, 2026).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Reported with Period of Report and Filing Date both 2026-08-13; no late filing indicated.

Context
This filing reflects an institutional 10% owner selling shares back to the company under pre-existing shareholder agreements—an administrative or contractual disposition rather than an open-market trade by an executive. For retail investors: purchases by insiders often carry more direct interpretive weight than routine or contractual sales; this transaction should be viewed as a contractual disposition under the cited agreements, not a direct signal of management sentiment.