WARGO J DAVID 4

What Happened

• J. David Wargo, a director of Liberty Broadband Corp (LBRDK), sold a total of 46,682 shares in open-market transactions on February 10, 2026, generating roughly $2,675,449 (about $2.68M).
  • 12,392 shares at a weighted average $57.17 — proceeds $708,477 (F1)
  • 32,058 shares at a weighted average $57.35 — proceeds $1,838,388 (F2)
  • 530 shares at $57.48 — proceeds $30,464
  • 1,702 shares at $57.65 — proceeds $98,120
• These were sales (code "S"). Sales are often routine liquidity actions and are generally less informative about company prospects than purchases.

Key Details

• Transaction date: February 10, 2026; Form 4 filed February 11, 2026 (appears timely).
• Price details: Two weighted-average price groups with price ranges disclosed in footnotes:
  • F1 range $56.82–$57.48; F2 range $56.95–$57.65. Reporting person can provide per-trade breakdown on request.
• Shares owned after transaction: Not specified in the summary data provided in this request (check the full Form 4 for post-transaction holdings).
• Ownership note: F3 disclaims beneficial ownership of certain shares held by the reporting person’s spouse.
• Transaction type: Open-market sale (no options exercise, tax withholding, or gifts indicated).

Context

• This filing reports secondary-market sales by a director. Such seller activity can be for personal liquidity, portfolio rebalancing, or other non-company reasons; filings alone do not indicate management sentiment.
• For retail investors, purchases generally carry more weight as signals than routine open-market sales. If you want post-sale ownership levels or exact per-trade prices, request the per-trade breakdown referenced in the footnotes or view the full Form 4 filing (Accession 0001225208-26-001688).