Liberty Broadband Director Richard Green Disposes 8,100 Shares

What Happened

• Richard R. Green, a director of Liberty Broadband Corp (LBRDK), recorded dispositions totaling 8,100 shares on August 19, 2026. The filing shows three dispositions: 7,301, 165 and 634 shares. Each disposition is reported at $0.00 per share and $0 total value because the transactions were part of the company’s merger into Charter and shares were converted rather than sold for cash.

Key Details

• Transaction date: August 19, 2026 (reported on Form 4 filed Aug 20, 2026).
• Dispositions: 7,301; 165; and 634 shares — total 8,100 shares; reported price per share $0.00; reported value $0.
• Reason/footnote: Per the Merger Agreement, each Liberty Broadband Series A and C share was automatically converted into 0.2360 shares of Charter Class A common stock; fractional shares were paid in cash (F1).
• Beneficial ownership note: The reporting person disclaims beneficial ownership of shares owned by his spouse (F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing shows transaction date 8/19/2026 and was filed 8/20/2026 (appears timely).

Context

• This is a merger-related disposition (not an open-market sale). Under the merger mechanics, Liberty Broadband shares were converted into Charter stock at the stated ratio; any fractional share value was paid in cash. Such conversion transactions reflect deal terms rather than a director expressing buy/sell sentiment.
• For retail investors: purchases are typically more informative about insider confidence; merger conversions like this are administrative and do not imply trading-driven market views.