Rodriguez Enrique 4

What Happened

• Enrique Rodriguez, Executive Vice President and Chief Technology Officer of Liberty Global, received two awards of 20,835 shares each (total 41,670 shares) on 2026-03-13 following the end of a three-year performance period under the 2023 Ventures Incentive Plan. To satisfy tax withholding, 11,568 shares were surrendered at $12.18 (≈ $140,898) and another 11,568 shares at $11.91 (≈ $137,775), totaling 23,136 shares withheld (≈ $278,673). Net shares delivered to his trust after withholding: 18,534 shares.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed four days after the transactions; appears later than the usual 2-business-day deadline).
• Awards: Two grants of 20,835 shares each (total 41,670) — reported as acquisition (code A).
• Withholding: Two tax-withholding/settlement entries of 11,568 shares each (total 23,136) at $12.18 and $11.91 per share (codes F); total withholding value ≈ $278,673.
• Shares are held in the Enrique Rodriguez Management Trust, of which he is trustee (footnote F2).
• Award vesting/issuance was at the discretion of the compensation committee after the performance period (footnote F1).

Context

• This was an award vesting and tax-withholding event, not an open-market purchase or sale: shares were issued under a performance plan and a portion was withheld to cover tax obligations (common "sell-to-cover" style treatment).
• These transactions reflect compensation settlements rather than a direct bullish or bearish trading signal by the insider.