4Filed Aug 19, 8:00 PM ET

Liberty Broadband Chief Legal Officer Renee Wilm Disposes Shares in Merger

$LBRDK · Liberty Broadband Corp

Research Summary

AI-generated summary of this SEC filing

Updated

Liberty Broadband Chief Legal Officer Renee Wilm Disposes Shares in Merger

What Happened
Renee L. Wilm, Chief Legal and Administrative Officer of Liberty Broadband Corp., recorded dispositions to the issuer on August 19, 2026 totaling 159,634 shares. The filing shows seven dispositions (some labeled as derivative) for aggregated 159,634 shares at $0.00 per share (total proceeds $0). These actions were taken in connection with the Agreement and Plan of Merger dated November 12, 2024; at the effective time of the merger Liberty Broadband’s Series C common stock was converted into Charter Communications, Inc. Class A shares (0.2360 Charter share per Series C share) and certain stock options were cancelled pursuant to the merger terms.

Key Details

  • Transaction date: August 19, 2026; Form 4 filed August 20, 2026 (timely filing).
  • Dispositions: 12,312; 26,989 (derivative); 19,445 (derivative); 5,227 (derivative); 8,138 (derivative); 23,606 (derivative); 63,917 (derivative) — total 159,634 shares.
  • Price/Proceeds: $0.00 per share; total reported proceeds $0 (merger-related conversions/cancellations; cash paid in lieu of fractional Charter shares).
  • Footnotes: F1 — Series C shares converted into 0.2360 Charter Class A shares (cash for fractional shares). F2 — referenced options were fully exercisable. F3 — certain stock options were cancelled for no consideration under the merger agreement.
  • Shares owned after transaction: Not specified in the Form 4 filing.

Context: These were merger-related dispositions (conversion of Series C shares and cancellation of options) rather than voluntary open-market sales or purchases. The $0 amounts reflect the corporate merger mechanics (conversion or cancellation and cash-in-lieu for fractional shares), not a market sale.