BRACKEN CHARLES H R 4
Research Summary
AI-generated summary
Liberty Global (LBTY) CFO Charles Bracken Receives 93,275 RSUs
What Happened
- Charles H. R. Bracken, EVP & CFO of Liberty Global (tickers LBTYA/LBTYB/LBTYK), was awarded two derivative grants on Feb 13, 2026 totaling 93,275 restricted share units (46,833 and 46,442 RSUs). No purchase price or immediate share transfer was involved (derivative awards; price N/A, total value not disclosed). These RSUs will vest in full on February 15, 2027, assuming continued employment and satisfaction of the applicable performance conditions.
Key Details
- Transaction date: 2026-02-13; Filing date: 2026-02-18 (filed within the SEC’s two-business-day window given the Presidents’ Day holiday on Feb 16, 2026).
- Awards: 46,833 RSUs and 46,442 RSUs (total 93,275 RSUs). Price: N/A (derivative awards).
- Vesting: RSUs vest in full on Feb 15, 2027, subject to continued employment (Footnote F3).
- Performance background: These awards reflect PSUs granted Mar 27, 2024; 50% were earned based on relative TSR at year-end 2025 and converted into time-vesting RSUs now; remaining PSUs will be tested at year-end 2026 (Footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Trading symbols: LBTYA, LBTYB, LBTYK.
Context
- These are derivative compensation awards (RSUs converted from PSUs) rather than open-market purchases or sales, so they do not represent an immediate buy/sell signal. The RSUs represent the right to receive one share per unit at vesting (Footnote F1).
- Because vesting is contingent on continued employment and final performance testing for the remaining PSUs, some portion of the originally granted PSUs may still be earned or forfeited depending on future results.