Wendling Brian J 4

What Happened
Brian J. Wendling, CAO/PFO of Liberty Media Corporation (FWONK), had 4,002 shares withheld/disposed to satisfy an exercise price or tax liability (transaction code F) on March 5, 2026. The shares were valued at $85.48 each, for a total value of $342,091. This was a withholding/net-share settlement to cover taxes or exercise costs, not an open-market sale.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed within required two business days).
• Price per share: $85.48; Shares withheld/disposed: 4,002; Total value: $342,091.
• Transaction code: F — payment of exercise price or tax liability by delivering or withholding securities (net share settlement).
• Shares owned after transaction: not specified in the excerpt provided (see full Form 4 for post-transaction holdings).
• No 10b5-1 plan or other special footnotes were provided in the summary supplied.

Context
Code F transactions typically reflect withholding of shares to cover taxes or the cost to exercise options (a routine administrative step) rather than a sale intended to raise cash. Such dispositions are generally less informative about an insider’s view of the company than open-market purchases. For full context (total holdings, prior option exercises, or related grants) consult the complete Form 4 filing (Accession No. 0001225208-26-003424).