Liberty Broadband (LBRDK) Chief Legal Officer Renee Wilm Converts 2,850 RSUs

What Happened
Renee L. Wilm, Chief Legal/Admin Officer of Liberty Broadband (LBRDK), had 2,850 restricted stock units (RSUs) convert into 2,850 Series C shares on Aug 10, 2026. To satisfy tax withholding, 971 of those shares were surrendered at an implied value of $35.88 each (totaling $34,839). Net shares received by Wilm from this conversion were 1,879.

Key Details

• Transaction date: 2026-08-10; Form filed: 2026-08-12 (filed within the typical two-business-day Form 4 window).
• Conversion/exercise code: M (RSU conversion); Tax withholding code: F (shares withheld to pay tax liability).
• Shares converted: 2,850 RSUs → 2,850 Series C shares at $0.00 exercise price.
• Shares withheld for taxes: 971 shares at $35.88 = $34,839.
• Net shares received: 1,879 (2,850 − 971).
• Footnotes: F1/F2 confirm each RSU converts to one Series C share; F3 notes RSUs were accelerated to vest per a merger-related agreement with Charter Communications permitting acceleration to occur within 10 business days of Aug 19, 2026.
• Filing timeliness: Not marked late (filed Aug 12 for an Aug 10 transaction).

Context
This was a routine RSU conversion with shares withheld to satisfy tax obligations (a common, non-market-sale settlement). The reporting shows conversion of contingent RSUs into stock rather than an open-market purchase or discretionary sale; the withholding should not be interpreted as a directional trade decision.