WERNER ANTHONY G 4
4 · Liberty Global Ltd. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
Liberty Global (LBTY) Director Anthony Werner Receives RSUs, Exercises Options
What Happened
- Anthony G. Werner, a director of Liberty Global Ltd. (tickers LBTYA/LBTYB/LBTYK), had multiple derivative transactions reported for 2026-06-23. The filing shows RSU awards totaling 36,084 units (two grants of 5,230 each and two grants of 12,812 each) and option exercise/conversion entries of 11,618 shares (5,809 + 5,809) acquired and an equal 11,618 shares disposed. The RSU grants list $0.00 as the acquisition price; the exercise/conversion entries report N/A for price and value.
Key Details
- Transaction date(s): June 23, 2026; Form 4 filed June 25, 2026 (timely filing).
- Grants: 5,230 + 5,230 + 12,812 + 12,812 = 36,084 RSUs; listed at $0.00 acquisition price for the 12,812 items.
- Option exercise/conversion: 5,809 + 5,809 = 11,618 shares acquired and 11,618 shares disposed (equal acquired and disposed amounts).
- Shares owned after the transactions: not specified in the filing excerpt provided.
- Relevant footnotes from the filing:
- Each RSU represents a right to one Class A or Class C share (F1).
- Some RSUs vested in full on the 2026 annual general meeting (F4); other RSUs are stated to vest in full at the 2027 AGM (F2).
- The option(s) vest in three equal annual installments beginning at the 2027 AGM (F3).
- Ticker symbols noted in the filing: LBTYA, LBTYB, LBTYK.
Context
- The filing includes both awards (RSUs) and option exercise/conversion activity. The equal numbers of shares acquired and disposed (11,618) for the exercise/conversion entries are consistent with immediate share settlement, tax withholding, or sell-to-cover activity commonly seen when options/RSUs convert to shares, though the filing itself does not state the reason. RSU awards are grants (not open-market purchases) and do not by themselves indicate a buy/sell opinion by the insider.
Insider Transaction Report
Form 4
WERNER ANTHONY G
Director
Transactions
- Exercise/Conversion
Class A Common Shares
[F1]2026-06-23+5,809→ 14,031 total - Exercise/Conversion
Class C Common Shares
[F1]2026-06-23+5,809→ 14,031 total - Award
Restricted Share Units A
[F1][F2]2026-06-23+5,230→ 5,230 total→ Class A Common Shares (5,230 underlying) - Award
Restricted Share Units C
[F1][F2]2026-06-23+5,230→ 5,230 total→ Class C Common Shares (5,230 underlying) - Award
Share Option A (right to buy)
[F3]2026-06-23+12,812→ 12,812 totalExercise: $11.21Exp: 2036-06-23→ Class A Common Shares (12,812 underlying) - Award
Share Option C (right to buy)
[F3]2026-06-23+12,812→ 12,812 totalExercise: $10.78Exp: 2036-06-23→ Class C Common Shares (12,812 underlying) - Exercise/Conversion
Restricted Share Units A
[F1][F4]2026-06-23−5,809→ 0 total→ Class A Common Shares (5,809 underlying) - Exercise/Conversion
Restricted Share Units C
[F1][F4]2026-06-23−5,809→ 0 total→ Class C Common Shares (5,809 underlying)
Footnotes (4)
- [F1]Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
- [F2]The RSUs will vest in full on the date of the Issuer's 2027 annual general meeting.
- [F3]The option vests in three equal annual installments commencing on the date of the Issuer's 2027 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
- [F4]The RSUs vested in full on the date of the Issuer's 2026 annual general meeting.
Signature
/s/ Colton Lyons, Attorney-in-Fact|2026-06-25