Salvato Andrea 4

What Happened

• Andrea Salvato, EVP and Chief Development Officer of Liberty Global Ltd., received equity awards on 2026-03-26. The Form 4 shows four derivative award entries: two awards of 128,289 units each (PSUs) and two awards of 102,631 units each (RSUs). The awards are reported at $0.00 (typical for grants).
• Combined, the filing reflects 256,578 performance share units (PSUs) and 205,262 restricted share units (RSUs) — 461,840 total units. These are awards (not open-market purchases or sales) and therefore do not represent a cash transaction.

Key Details

• Transaction date: March 26, 2026; Form 4 filed March 30, 2026 (timely filing).
• Reported grant price: $0.00 for PSU awards; RSUs reported as N/A (standard for restricted units).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: PSUs are contingent on performance over Jan 1, 2026–Dec 31, 2028 with cliff vesting on Feb 15, 2029 and can vest 0–100% (with overperformance possible up to a 200% cap). RSUs each represent rights to one share and vest in three equal annual installments beginning May 1, 2027. Duplicate line items likely reflect grants covering multiple share classes (LBTYA / LBTYK).
• Transaction code: A = Award/Grant (derivative awards).

Context

• These are derivative awards, not an immediate purchase or sale. PSUs pay out only if performance hurdles are met after the stated performance period; RSUs vest over time subject to continued employment. Such awards are routine part of executive compensation and do not necessarily signal immediate buying or selling intent.
• Trading symbols for the issuer’s share classes noted in the filing: LBTYA, LBTYB, LBTYK.