Waldron Jason 4

4 · Liberty Global Ltd. · Filed May 5, 2026

AI-generated summary of this filing

Updated May 6, 2026

Liberty Global (LBTY) SVP Jason Waldron Exercises RSUs and Sells Shares

What Happened

Jason R. Waldron, SVP & CAO of Liberty Global Ltd. (LBTY), had RSUs vest and converted/exercised RSUs into common shares on May 1, 2026. The filing shows conversions of 17,103 and 22,801 RSUs (total 39,904).
To cover tax liabilities, 7,484 and 9,977 shares were withheld (payments at $11.96 and $11.77) totaling $206,938. On May 5, 2026 he sold 11,560 shares at a weighted avg $11.91 ($137,676) and 14,751 shares at a weighted avg $11.62 ($171,399) — combined open-market proceeds of $309,075. The withheld shares plus open-market sales amount to roughly $516k in proceeds/withholdings.
Transaction codes: M = exercise/conversion of RSUs, F = shares withheld to pay tax liability, S = open-market sale.

Key Details

Transaction dates: May 1, 2026 (RSU conversions and tax-withholding) and May 5, 2026 (open-market sales).
Prices and proceeds reported: tax-withholding shares at $11.96 and $11.77; open-market sales weighted averages $11.895–$11.925 and $11.6002–$11.63 per footnotes; totals shown in the filing: $89,509, $117,429, $137,676, $171,399.
Shares reported sold in open market: 26,311 shares (11,560 + 14,751). Shares withheld for taxes: 17,461 shares (7,484 + 9,977).
Shares acquired via RSU conversion shown: 39,904 (17,103 + 22,801). The filing also lists derivative-related dispositions that match that amount (see filing for line-item detail).
Shares owned after the transactions are not specified in the summary data provided.
Footnotes: RSUs convert 1-for-1 to common shares (F1); some shares held in the Jason R. Waldron Revocable Trust (F2); weighted-average price disclosures and ranges available on request (F3, F4); vesting schedules: some RSUs vested in full May 1, 2026 (F5) and others vest in installments (F6, F7).
Filing timeliness: Form 4 filed May 5, 2026 for May 1 transactions — timely (filed within SEC 2-business-day requirement).
Trading symbols: LBTYA, LBTYB, LBTYK.

Context

These transactions reflect RSU vesting and routine actions tied to vesting: conversion of awards, shares withheld to satisfy tax obligations, and some shares sold in the open market for liquidity. For RSUs, conversion to shares is not the same as a purchase; the later sales and withholdings are common to cover taxes or take cash proceeds.
No inference about motivations should be drawn from routine withholding or sales related to vesting. The filing is factual disclosure of awards converted and subsequent disposition.

Form 4

Period: 2026-05-01

SVP & CAO

Transactions

Exercise/Conversion
Class A Common Shares
[F1][F2]
2026-05-01+17,103→ 29,908 total(indirect: By Trust)
Tax Payment
Class A Common Shares
[F2]
2026-05-01$11.96/sh−7,484$89,509→ 22,424 total(indirect: By Trust)
Exercise/Conversion
Class C Common Shares
[F1][F2]
2026-05-01+22,801→ 38,807 total(indirect: By Trust)
Tax Payment
Class C Common Shares
[F2]
2026-05-01$11.77/sh−9,977$117,429→ 28,830 total(indirect: By Trust)
Sale
Class A Common Shares
[F3][F2]
2026-05-05$11.91/sh−11,560$137,676→ 10,864 total(indirect: By Trust)
Sale
Class C Common Shares
[F4][F2]
2026-05-05$11.62/sh−14,751$171,399→ 14,079 total(indirect: By Trust)
Exercise/Conversion
Restricted Share Units A
[F1][F5]
2026-05-01−5,698→ 0 total
→ Class A Common Shares (5,698 underlying)
Exercise/Conversion
Restricted Share Units C
[F1][F5]
2026-05-01−11,396→ 0 total
→ Class C Common Shares (11,396 underlying)
Exercise/Conversion
Restricted Share Units A
[F1][F6]
2026-05-01−5,774→ 5,775 total
→ Class A Common Shares (5,774 underlying)
Exercise/Conversion
Restricted Share Units C
[F1][F6]
2026-05-01−5,774→ 5,775 total
→ Class C Common Shares (5,774 underlying)
Exercise/Conversion
Restricted Share Units A
[F1][F7]
2026-05-01−5,631→ 11,263 total
→ Class A Common Shares (5,631 underlying)
Exercise/Conversion
Restricted Share Units C
[F1][F7]
2026-05-01−5,631→ 11,263 total
→ Class C Common Shares (5,631 underlying)

Holdings

Footnotes (7)

[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]Shares are held by the Jason R. Waldron Revocable Trust, of which the Reporting Person is the trustee.
[F3]The price reflects a weighted average of sales made at prices ranging from $11.895 to $11.925. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
[F4]The price reflects a weighted average of sales made at prices ranging from $11.6002 to $11.63. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
[F5]The RSUs vest in full on May 1, 2026.
[F6]The RSUs vest in three equal annual installments commencing on May 1, 2025.
[F7]The RSUs vest in three equal annual installments commencing on May 1, 2026.

Signature

/s/ Colton Lyons, Attorney-in-Fact|2026-05-05

1 file