Liberty Broadband (LBRDK) Director Sue Ann Hamilton Surrenders Shares

What Happened
Sue Ann Hamilton, a director of Liberty Broadband (LBRDK), had a series of dispositions to the issuer on August 19, 2026 related to the company’s merger with Charter. The reported transactions total 20,571 shares/derivative units (8 shares + 2,543 shares + 4,494 + 3,949 + 6,486 + 3,091). All transactions show $0.00 proceeds because they were part of the merger conversion process rather than open-market sales.

Key Details

• Transaction date: August 19, 2026; Form 4 filed August 20, 2026 (filed promptly after the transaction).
• Reported price: $0.00 (dispositions to issuer under the Merger Agreement).
• Breakdown of dispositions: 8; 2,543; 4,494 (derivative); 3,949 (derivative); 6,486 (derivative); 3,091 (derivative) — total 20,571.
• Shares owned after transaction: not specified in the provided data.
• Relevant footnotes:
  • F1: Each Liberty Broadband share converted into 0.2360 Charter Class A shares at the merger effective time; cash paid in lieu of fractional shares.
  • F2: Certain options referenced were fully exercisable.
  • F3: Under the Merger Agreement, listed stock options were cancelled for no consideration.
• Filing timeliness: Filed the next day — not marked late.

Context
These dispositions are merger-related corporate actions (conversion/cancellation) rather than voluntary open-market sales. Because shares/options were converted into Charter stock or cancelled under the merger terms, the $0 proceeds reflect the transaction mechanics (conversion and cash-in-lieu for fractions) rather than a market sale — they do not necessarily signal insider sentiment about the stock.