Rodriguez Enrique 4

What Happened

• Enrique Rodriguez, EVP and Chief Technology Officer of Liberty Global (tickers LBTYA/LBTYB/LBTYK), reported RSUs vested in full on March 1, 2026. The RSUs converted into shares (reported as exercise/conversion transactions of 21,314-share blocks).
• To cover tax withholding on the vesting, 11,388 shares were surrendered at $12.74 (proceeds $145,083) and another 11,388 shares were surrendered at $12.30 (proceeds $140,072), for total proceeds of about $285,155.
• The reporting shows conversions of three 21,314-share blocks (total 63,942 shares) and two withholding disposals (total 22,776 shares), resulting in a net of roughly 41,166 shares received from the vesting.

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
• Withheld shares and prices: 11,388 shares @ $12.74 ($145,083) and 11,388 shares @ $12.30 ($140,072); total ≈ $285,155.
• RSU details: Footnote states each RSU converts to one share and that the RSUs vested in full on March 1, 2026.
• Holdings notes: Filing indicates shares held in the Enrique Rodriguez Management Trust (includes prior transfers of 95,916 Class A and 95,916 Class C shares) and 2,720 shares received via the issuer’s 401(k) plan.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding (not an open-market sale).

Context

• This appears to be routine RSU vesting with shares withheld to satisfy tax obligations (a cashless/withholding settlement), not an open-market sell that signals a discretionary exit.
• Such tax-withholding dispositions are common after awards vest and should be interpreted as administrative tax compliance rather than a personal sell decision.