ROBERTS BRIAN L 4

What Happened Brian L. Roberts (Chairman of the Board and Co‑CEO) was granted 428,438 restricted stock units (RSUs) on 2026-02-24. The filing reports these as a derivative award at $0.00 per unit (total reported value $0) — this is an equity compensation grant, not an open-market purchase or sale. The RSUs were subject to performance conditions that were satisfied on the grant date, and they vest 100% on the third anniversary of the grant.

Key Details

• Transaction date: 2026-02-24; reported on Form 4 filed 2026-02-26 (timely filing).
• Grant: 428,438 restricted stock units, reported price $0.00 per unit (derivative award).
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1 — each RSU represents a contingent right to one share of Class A common stock; F2 — performance conditions were attained on the transaction date and the RSUs vest 100% on the third anniversary.
• Transaction type code: A (award/grant).

Context RSUs are a common form of executive compensation that convert to actual shares if and when vesting conditions are met; they do not represent an immediate cash purchase or sale. Because the performance conditions were met at grant, these RSUs are now scheduled to vest on the third anniversary, subject to the other terms of the award agreement. This filing documents a compensation grant rather than a vote of confidence via a personal purchase or an exit via sale.