Rodriguez Enrique 4

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.