Waldron Jason 4

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

AI-generated summary of this filing

Updated Feb 18, 2026

Liberty Global (LBTY) SVP Jason Waldron Receives Equity Award

What Happened

Jason Waldron, SVP & Chief Accounting Officer of Liberty Global Ltd., was credited with two awards on Feb 13, 2026 totaling 29,864 derivative units (15,003 and 14,861). The filing lists these as awards/grants (derivative securities) with no cash price (N/A). These are restricted share units (RSUs) or PSUs converted to RSUs and will vest in full on February 15, 2027, subject to continued employment and performance conditions described below.

Key Details

Transaction date: 2026-02-13; Form 4 filed 2026-02-18 (filed within the SEC’s two-business-day window for this transaction date).
Amount: 15,003 and 14,861 derivative units, total 29,864 RSU/PSU units; price: N/A (awards, not open-market trades).
Shares owned after transaction: not reported in the provided summary.
Footnotes: F1 — each RSU equals the right to one Class A or Class C common share; F2 — these relate to PSUs granted Mar 27, 2024, where 50% were earned as of year-end 2025 and converted into time-vesting RSUs; remaining PSUs will be tested at year-end 2026; F3 — RSUs vest in full Feb 15, 2027.
Trading symbols: LBTYA, LBTYB, LBTYK.

Context

These entries are awards/conversions (not purchases or sales). PSUs are performance-based awards; half were earned based on relative total shareholder return as of year-end 2025 and converted to RSUs that vest on Feb 15, 2027 if Waldron remains employed. The remaining PSUs are still subject to performance testing at year-end 2026. Awards like this compensate executives and do not by themselves signal buying or selling intent.

Form 4

Period: 2026-02-13

SVP & CAO

Transactions

Award
Restricted Share Units A
[F1][F2][F3]
2026-02-13+15,003→ 15,003 total
→ Class A Common Shares (15,003 underlying)
Award
Restricted Share Units C
[F1][F2][F3]
2026-02-13+14,861→ 14,861 total
→ Class C Common Shares (14,861 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