Liberty Broadband (LBRDK) CEO Martin Patterson Receives Award

What Happened

• Martin E. Patterson, President and CEO of Liberty Broadband Corp. (LBRDK), was issued 16,722 shares of Series C Common Stock on August 5, 2026. The shares were acquired at $0.00 as the result of the certification of performance criteria for performance-based restricted stock units (RSUs) previously granted.

Key Details

• Transaction date: 2026-08-05 (reported via Form 4 filed 2026-08-06)
• Transaction type/code: Award/Acquisition (A)
• Shares issued: 16,722 Series C Common Stock at $0.00 per share
• Footnote: These shares were issued after certification that performance criteria for the RSUs granted on August 21, 2025 were satisfied (see F1).
• Shares owned after the transaction: not disclosed in the provided filing excerpt
• Timeliness: Filing was submitted the next day (appears timely under Form 4 rules)

Context

• This was an issuance of stock tied to the vesting of performance-based RSUs (compensation), not an open-market purchase or sale. Such awards reflect company compensation/long-term incentives and are routine; they do not by themselves indicate a buy/sell market signal.