Waldron Jason 4

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.