4//SEC Filing
DUNCAN RONALD A 4
Accession 0001225208-25-010164
CIK 0002057463other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 4:16 PM ET
Size
19.3 KB
Accession
0001225208-25-010164
Insider Transaction Report
Form 4
GCI Liberty, Inc.GLIBK
DUNCAN RONALD A
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Series C GCI Group Common Stock
2025-12-19+442→ 110,351 total - Award
Restricted Stock Units - GLIBK
2025-12-18+51,205→ 51,205 total→ Series C GCI Group Common Stock (51,205 underlying) - Award
Restricted Stock Units - GLIBK
2025-12-18+1,158→ 1,158 totalFrom: 2026-03-15Exp: 2026-03-15→ Series C GCI Group Common Stock (1,158 underlying) - Award
Restricted Stock Units - GLIBK
2025-12-18+442→ 442 totalFrom: 2025-12-19Exp: 2025-12-19→ Series C GCI Group Common Stock (442 underlying) - Exercise/Conversion
Restricted Stock Units - GLIBK
2025-12-19−442→ 0 totalFrom: 2025-12-19Exp: 2025-12-19→ Series C GCI Group Common Stock (442 underlying)
Holdings
- 557(indirect: By 401(k))
Series C GCI Group Common Stock
- 20,578(indirect: By 560 Company, Inc.)
Series C GCI Group Common Stock
- 2,022(indirect: By LLC)
Series C GCI Group Common Stock
- 1,162(indirect: By LLC)
Series C GCI Group Common Stock
- 7,516(indirect: By Spouse)
Series C GCI Group Common Stock
Footnotes (9)
- [F1]Represents an award of restricted stock units which will fully vest on December 19, 2025. In connection with the Issuer's recently completed rights offering to purchase shares of its Series C GCI Group common stock ("GLIBK"), holders of stock options or restricted stock units relating to shares of GCI Group common stock, regardless of series, received a grant of restricted stock units with respect to GLIBK to account for the impact on the value of the common stock underlying the options or restricted stock units. These grants of restricted stock units were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F2]Each restricted stock unit converted into one share of GLIBK.
- [F3]The number of shares reported as held in the Reporting Person's 401(k) is based on a statement from the Plan Administrator dated as of November 30, 2025.
- [F4]The Reporting Person owns 55% of 560 Company, Inc. and has voting and dispositive power over these shares. A trust (the "Trust") which the Reporting Person's spouse serves as trustee and his adult daughter is the principal beneficiary owns the remaining 45% of 560 Company, Inc. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
- [F5]RAD, LLC has a 25% ownership interest in and is the managing member of Missy, LLC. The Reporting Person's spouse has a 25% ownership interest in Missy, LLC and the Reporting Person's adult daughter holds the remaining 50% ownership interest in Missy, LLC. Accordingly, the Reporting Person may be deemed to be the indirect beneficial owner of certain Issuer's securities owned by Missy, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
- [F6]The Reporting Person has a 0.1% ownership interest in and is the controlling member of RAD, LLC and the Trust holds the remaining 99.9% ownership interest of RAD, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
- [F7]The Reporting Person disclaims beneficial ownership of these shares owned by his spouse.
- [F8]Each restricted stock unit represents a contingent right to receive one share of GLIBK.
- [F9]This restricted stock unit award vests in three substantially equal installments on December 31, 2026, 2027, and 2028.
Documents
Issuer
GCI Liberty, Inc.
CIK 0002057463
Entity typeother
Related Parties
1- filerCIK 0000905853
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 4:16 PM ET
- Size
- 19.3 KB