4Filed Aug 11, 8:00 PM ET
Liberty Capital (GLIBK) 10% Owner John C. Malone Buys 542,232 Shares
$GLIBK · Liberty Capital Corp/NVResearch Summary
AI-generated summary of this SEC filing
Liberty Capital (GLIBK) 10% Owner John C. Malone Buys 542,232 Shares
What Happened
- John C. Malone, identified as a 10% owner of Liberty Capital Corporation (ticker GLIBK), made multiple open-market purchases of company common stock between Aug 10–12, 2026. The filings show an aggregate purchase of 542,232 shares for approximately $13.56 million. Purchases are reported as code "P" (purchase) — a buying transaction rather than a sale.
Key Details
- Transaction breakdown (weighted-average prices; totals shown in filing):
- Aug 10, 2026: 259,680 shares @ $25.08 — $6,512,826 (F1)
- Aug 10, 2026: 147,050 shares @ $24.51 — $3,603,578 (F2)
- Aug 11, 2026: 68,800 shares @ $25.22 — $1,735,452 (F3)
- Aug 12, 2026: 66,702 shares @ $25.57 — $1,705,624 (F4)
- Total: 542,232 shares purchased for ~$13.56M.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes: F1–F4 note each reported price is a weighted average from multiple trades within the listed price ranges; the reporting person offers to provide a full breakdown on request. F5 disclaims beneficial ownership of shares owned by his spouse.
- Filing/finality: Report filed Aug 12, 2026 (covers trades Aug 10–12). The filing appears timely under standard Form 4 rules.
- Corporate note: Issuer changed its name from GCI Liberty, Inc. to Liberty Capital Corporation effective May 21, 2026.
Context
- Malone is a 10% owner (significant shareholder), not necessarily an employee or executive—such purchases can signal the view of a large investor but do not alone explain motivation. These were straightforward open-market purchases (no option exercises, gifts, or awards reported). The footnotes indicate the trades were executed in multiple lots at slightly varying prices; further per-price detail is available from the filer on request.