Liberty Global Ltd.·4

Mar 10, 8:18 PM ET

Waldron Jason 4

Research Summary

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Liberty Global (LBTY) SVP Jason Waldron Receives Award; Sells Shares for Taxes

What Happened

  • Jason Waldron, SVP & CAO of Liberty Global, received shares under the company's 2025 Annual Performance Award and related RSUs on March 6, 2026. The filing shows grants of 14,118 Class A shares and 14,118 Class C shares (total 28,236 shares) and RSUs totaling 1,764 + 1,764 = 3,528 (each RSU converts to one share).
  • To satisfy tax withholding related to the award, Waldron surrendered (disposed) 6,177 shares at $12.54 for $77,460 and another 6,177 shares at $12.36 for $76,348 — a combined disposal of 12,354 shares for about $153,808. These disposals are coded F (payment of exercise price or tax liability), i.e., shares surrendered to cover withholding.

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (timely filing).
  • Disposals: 6,177 shares @ $12.54 = $77,460; 6,177 shares @ $12.36 = $76,348; total ≈ $153,808.
  • Awards: 14,118 Class A shares + 14,118 Class C shares (total 28,236) and RSUs 1,764 + 1,764 (total 3,528 RSUs).
  • RSU terms: Each RSU = right to one Class A or Class C share. Per footnote, RSUs equal to 12.5% of awarded shares will vest in full on March 1, 2027, provided the bonus shares are not sold or transferred before then.
  • Ownership after transaction: Not specified in the provided filing excerpt.
  • Shares held in trust: Some shares are held by the Jason R. Waldron Revocable Trust (he is trustee), per footnote.
  • Trading symbols: LBTYA, LBTYB, LBTYK.

Context

  • These transactions appear to be a typical award grant with shares surrendered to cover tax withholding (not an open-market sale for investment purposes). The RSUs are time‑vested and will not convert to shares until vesting (Mar 1, 2027) if holding conditions are met.