Salvato Andrea 4

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

AI-generated summary of this filing

Updated May 6, 2026

Liberty Global EVP Andrea Salvato Exercises RSUs; Shares Withheld

What Happened

Andrea Salvato, Executive Vice President & Chief Development Officer of Liberty Global (tickers LBTYA/LBTYB/LBTYK), had a group of restricted share units (RSUs) convert into common shares on May 1, 2026. The filing shows a total of 239,438 RSUs converted (SEC transaction code M).
To satisfy tax withholding obligations (SEC code F), 24,118 shares were withheld at $11.96 for $288,451 and 32,153 shares were withheld at $11.77 for $378,441 — total cash value withheld = $666,892. After withholding, approximately 183,167 shares were delivered to Salvato (239,438 converted minus 56,271 withheld).
These actions reflect vesting/settlement of awards, not an open-market sale or new purchase.

Key Details

Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely filed within the 2-business-day window).
Conversion total: 239,438 RSUs converted to shares (codes = M). Tax withholding: 56,271 shares surrendered (codes = F) at $11.96 and $11.77.
Cash value withheld to cover taxes: $288,451 + $378,441 = $666,892.
Shares owned after the transaction: not specified in this Form 4.
Footnotes: F1 = each RSU converts to one Class A or Class C share as applicable; F2 = some RSUs vest in full on May 1, 2026; F3/F4 = other RSUs vest in three equal annual installments beginning May 1, 2025 or May 1, 2026.
Trading symbols referenced: LBTYA, LBTYB, LBTYK.
Transaction codes explained: M = exercise/conversion of derivative (here, RSU settlement); F = payment of exercise price or tax withholding (shares surrendered).

Context

This filing documents routine RSU vesting and share-withholding to cover tax liabilities (a common "net settlement" approach). It is not an open-market sale that would signal divestment; nor is it a purchase indicating a direct bullish buy by the insider.

Form 4

Period: 2026-05-01

EVP, Chief Development Officer

Transactions

Exercise/Conversion
Class A Common Shares
[F1]
2026-05-01+51,312→ 226,148 total
Tax Payment
Class A Common Shares
2026-05-01$11.96/sh−24,118$288,451→ 202,030 total
Exercise/Conversion
Class C Common Shares
[F1]
2026-05-01+68,407→ 240,965 total
Tax Payment
Class C Common Shares
2026-05-01$11.77/sh−32,153$378,441→ 208,812 total
Exercise/Conversion
Restricted Share Units A
[F1][F2]
2026-05-01−17,095→ 0 total
→ Class A Common Shares (17,095 underlying)
Exercise/Conversion
Restricted Share Units C
[F1][F2]
2026-05-01−34,190→ 0 total
→ Class C Common Shares (34,190 underlying)
Exercise/Conversion
Restricted Share Units A
[F1][F3]
2026-05-01−17,323→ 17,323 total
→ Class A Common Shares (17,323 underlying)
Exercise/Conversion
Restricted Share Units C
[F1][F3]
2026-05-01−17,323→ 17,323 total
→ Class C Common Shares (17,323 underlying)
Exercise/Conversion
Restricted Share Units A
[F1][F4]
2026-05-01−16,894→ 33,789 total
→ Class A Common Shares (16,894 underlying)
Exercise/Conversion
Restricted Share Units C
[F1][F4]
2026-05-01−16,894→ 33,789 total
→ Class C Common Shares (16,894 underlying)

Footnotes (4)

[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 vest in full on May 1, 2026.
[F3]The RSUs vest in three equal annual installments commencing on May 1, 2025.
[F4]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