Green Richard R 4
4 · Liberty Global Ltd. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
Liberty Global Director Richard Green Receives RSUs, Exercises Options
What Happened
- Director Richard R. Green received several equity awards and completed exercises/conversions of derivative awards on June 23, 2026. The Form 4 shows RSU grants of 5,230 and 12,812 units (multiple entries, across the issuer's share classes LBTYA/LBTYB/LBTYK) and exercise/conversion transactions of 5,809 shares (appearing as both acquisitions and disposals).
- Some awards show an exercise price of $0.00 (no cash paid on grant line), and several RSUs are documented as vested (per footnote F4). These transactions reflect award grants and derivative conversions rather than open‑market purchases or sales.
Key Details
- Transaction date: June 23, 2026; Form 4 filed June 25, 2026.
- Grants: RSU awards recorded (5,230 and 12,812 units in separate entries). Footnotes:
- F1: Each RSU converts to one share of the applicable Class A/C common share.
- F2: Some RSUs will vest in full at the 2027 annual general meeting.
- F4: Some RSUs vested in full at the 2026 annual general meeting.
- F3: An option referenced vests in three equal annual installments starting at the 2027 AGM.
- F5: Share fund units represent economic equivalents paid in shares under the Director Deferred Compensation Plan (no voting rights).
- Exercises/conversions: 5,809-share entries show both acquired and disposed amounts (typical pattern when shares are issued and a portion is surrendered/withheld; filing lists these as derivative transactions).
- Shares owned after transaction: not specified in the provided filing summary.
- Filing timeliness: Form 4 filed two days after the transactions (June 25 covering June 23 activity), consistent with the standard Form 4 reporting window.
Context
- These were compensation-related awards and derivative conversions (RSUs and option vesting), not open‑market buys or sales. Awards and exercises are routine for directors receiving deferred compensation and equity incentives; the presence of matching acquisition and disposal entries typically indicates shares issued on vesting with some shares withheld or surrendered (commonly for taxes), rather than an active sale into the market.
- For investors, such award/vesting activity signals executive compensation events rather than a direct insider bet on the stock; purchases generally carry more informational weight about insider sentiment than routine award vesting.
Insider Transaction Report
Form 4
Green Richard R
Director
Transactions
- Award
Restricted Share Units A
[F1][F2]2026-06-23+5,230→ 5,230 total→ Class A Common Shares (5,230 underlying) - Award
Restricted Share Units C
[F1][F2]2026-06-23+5,230→ 5,230 total→ Class C Common Shares (5,230 underlying) - Award
Share Option A (right to buy)
[F3]2026-06-23+12,812→ 12,812 totalExercise: $11.21Exp: 2036-06-23→ Class A Common Shares (12,812 underlying) - Award
Share Option C (right to buy)
[F3]2026-06-23+12,812→ 12,812 totalExercise: $10.78Exp: 2036-06-23→ Class C Common Shares (12,812 underlying) - Exercise/Conversion
Restricted Share Units A
[F1][F4]2026-06-23−5,809→ 0 total→ Class A Common Shares (5,809 underlying) - Exercise/Conversion
Restricted Share Units C
[F1][F4]2026-06-23−5,809→ 0 total→ Class C Common Shares (5,809 underlying) - Exercise/Conversion
Class A Share Fund Units
[F5]2026-06-23+5,809→ 8,757 total→ Class A Common Shares (5,809 underlying) - Exercise/Conversion
Class C Share Fund Units
[F5]2026-06-23+5,809→ 11,419 total→ Class C Common Shares (5,809 underlying)
Footnotes (5)
- [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 RSUs will vest in full on the date of the Issuer's 2027 annual general meeting.
- [F3]The option vests in three equal annual installments commencing on the date of the Issuer's 2027 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
- [F4]The RSUs vested in full on the date of the Issuer's 2026 annual general meeting.
- [F5]The share fund units represent the economic equivalent of one share of the corresponding class of the Issuer's common shares. The share fund units confer no voting or other rights of stock ownership. The share fund units will be payable, in shares of the corresponding class of the Issuer's common shares, in accordance with the Director Deferred Compensation Plan.
Signature
/s/ Colton Lyons, Attorney-in-Fact|2026-06-25