DUNCAN RONALD A 4
4 · Liberty Capital Corp/NV · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Liberty Capital (GLIBK) CEO Ronald A. Duncan Buys 67,500 Shares
What Happened
- Ronald A. Duncan, President & CEO and a director of Liberty Capital Corporation (formerly GCI Liberty, Inc.), purchased a total of 67,500 shares on June 3, 2026 in multiple open‑market transactions. The four reported tranches were: 2,500 shares at $21.05 ($52,625); 5,000 shares at $21.11 ($105,550); 25,000 shares at $21.01 ($525,350); and 35,000 shares at $21.06 ($736,992). The aggregate cost reported for these purchases is approximately $1,420,517. These were purchases (code P), which are generally viewed as a bullish signal compared with sales.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-04 (timely filing).
- Prices: individual reported trade prices $21.01–$21.11; filing footnotes state transactions were multiple trades with weighted‑average pricing and ranges roughly $20.9653 to $21.10.
- Shares acquired: 67,500 shares in total, aggregate cash paid ≈ $1.42M.
- Shares owned after transaction: not specified in the excerpt provided — see the full Form 4 for the post‑transaction beneficial ownership total.
- Notable footnotes: (F1) an additional increase of 557 Series C GCI Group common shares was noted as a distribution from a 401(k) plan; (F2, F4, F6, F7) several disclosures about indirect ownership and disclaimers involving RAD, Missy, LLC, 560 Company, a Trust and family members — Duncan disclaims beneficial ownership of certain family/affiliate holdings except to the extent of pecuniary interest.
- Issuer name change: on May 21, 2026 the company changed its name from GCI Liberty, Inc. to Liberty Capital Corporation.
Context
- These were direct purchases (no options exercised, no gifts, no award or tax withholding events). Purchases by senior executives can be interpreted by investors as a positive signal because they increase insider exposure, but filings are factual records of transactions and do not explain motivation.
- For full details on price breakdowns, post‑transaction holdings, and the indirect ownership disclosures, consult the complete SEC Form 4 (Accession 0001225208-26-005796).
Insider Transaction Report
Form 4
DUNCAN RONALD A
DirectorPresident and CEO
Transactions
- Purchase
Series C GCI Group Common Stock
[F1]2026-06-03$21.05/sh+2,500$52,625→ 130,164 total - Purchase
Series C GCI Group Common Stock
[F2]2026-06-03$21.11/sh+5,000$105,550→ 7,022 total(indirect: By LLC) - Purchase
Series C GCI Group Common Stock
[F3][F4]2026-06-03$21.01/sh+25,000$525,350→ 26,162 total(indirect: By LLC) - Purchase
Series C GCI Group Common Stock
[F5][F6]2026-06-03$21.06/sh+35,000$736,992→ 42,516 total(indirect: By Spouse)
Holdings
- 20,578(indirect: By 560 Company, Inc.)
Series C GCI Group Common Stock
[F7]
Footnotes (7)
- [F1]The amount beneficially owned by the Reporting Person increased by 557 shares of Series C GCI Group Common Stock due to a distribution of such shares to the Reporting Person from the GCI 401(k) Plan.
- [F2]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.
- [F3]The price is a weighted average price. These shares were purchased in multiple transactions ranging from $20.9700 to $21.0500, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F4]The Reporting Person has a 0.1% ownership interest in and is the controlling member of RAD, LLC and the Trust (defined in footnote 7) 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.
- [F5]The price is a weighted average price. These shares were purchased in multiple transactions ranging from $20.9653 to $21.1000, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F6]The Reporting Person disclaims beneficial ownership of these shares owned by his spouse.
- [F7]The Reporting Person owns 55% of 560 Company, Inc. and has voting and dispositive power over these shares. A trust (the "Trust") of 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.
Signature
/s/ Brittany A. Uthoff as Attorney in Fact for Ronald A. Duncan|2026-06-04