Wendling Brian J 4

What Happened

• Brian J. Wendling, Chief Accounting Officer & Principal Financial Officer of Liberty Live Holdings, Inc. (LLYVK), had 1,491 shares withheld (disposed) on 2026-03-05 to satisfy tax obligations. The withholding price was $97.20 per share, for a total value of approximately $144,925.
• This was a tax-withholding disposition (code F), not an open-market sale. Such withholdings are routine following stock option exercises or share vesting and do not necessarily signal buying or selling intent.

Key Details

• Transaction date and price: 2026-03-05; 1,491 shares at $97.20 each.
• Total value of shares withheld: about $144,925.
• Transaction code/footnote: F — payment of exercise price or tax liability via share withholding.
• Shares owned after the transaction: not specified in the filing.
• Filing timing: Form 4 filed 2026-03-09; given the Mar 5 transaction date, the filing appears to be timely (filed by the second business day after the transaction).

Context

• Code F typically reflects shares withheld to cover taxes after an option exercise or restricted share vesting. This is a common administrative action (a “withholding” or cashless settlement) rather than a market sale.
• For retail investors, tax-withholding dispositions are routine and usually shouldn’t be interpreted as a directional bet by the insider.