Rodriguez Enrique 4

4 · Liberty Global Ltd. · Filed Feb 18, 2026

AI-generated summary of this filing

Updated Feb 18, 2026

Liberty Global (LBTY) CTO Enrique Rodriguez Receives RSU Award

What Happened

Enrique Rodriguez, EVP & Chief Technology Officer of Liberty Global (tickers LBTYA / LBTYB / LBTYK), received two equity awards on 2026-02-13 totaling 93,325 restricted share units (RSUs): 46,883 RSUs and 46,442 RSUs. No purchase price is reported because these were awards (derivative securities).
These RSUs reflect a mix of time-vesting and performance-converted units: 50% of previously granted Performance Share Units (PSUs) were earned based on 2025 performance and converted into RSUs; all RSUs are scheduled to vest in full on February 15, 2027, subject to continued employment and remaining PSU performance tests.

Key Details

Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (reporting period 2026-02-13).
Award amount: 46,883 RSUs + 46,442 RSUs = 93,325 RSUs. Price: N/A (awarded, not purchased).
Vesting: RSUs vest on February 15, 2027, assuming continued employment (footnote F3).
Origin: Part of these RSUs come from PSUs granted March 27, 2024; 50% were earned based on relative TSR at year-end 2025 and converted to time-vesting RSUs; remaining PSUs will be tested again at year-end 2026 (footnote F2).
Shares owned after transaction: not specified in the provided filing.
Trading symbols: LBTYA, LBTYB, LBTYK.

Context

These are compensation awards (derivative RSUs), not open-market purchases or sales—common for executive pay and not a direct buy/sell signal.
PSUs only convert to pay equity if performance hurdles are met; half already converted based on 2025 results, the rest are contingent on 2026 testing.

Form 4

Period: 2026-02-13

EVP, Chief Technology Officer

Transactions

Award
Restricted Share Units A
[F1][F2][F3]
2026-02-13+46,883→ 46,883 total
→ Class A Common Shares (46,883 underlying)
Award
Restricted Share Units C
[F1][F2][F3]
2026-02-13+46,442→ 46,442 total
→ Class C Common Shares (46,442 underlying)

Footnotes (3)

[F1]Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
[F2]The reporting person was granted Performance Share Units (PSUs) on March 27, 2024, which are earned upon satisfaction of performance conditions based on achievement of stock price hurdles over a three-year period from May 10, 2024, to December 31, 2026. The PSUs vest on February 15, 2027, assuming the performance conditions are met. Under their terms, the performance conditions are tested at year end 2025 and at year end 2026. As a result of the Issuer's performance against a relative total shareholder return as of year end 2025, 50% of these PSUs were earned against that performance condition and therefore converted into time-vesting RSUs. These RSUs will vest on February 15, 2027, assuming continued employment. The remaining PSUs will be tested at year end 2026 and if the performance conditions are met, will also vest on February 15, 2027.
[F3]The RSUs will vest in full on February 15, 2027.

Signature

/s/ Cory Smith, Attorney-in-Fact|2026-02-18

1 file