BRACKEN CHARLES H R 4
4 · Liberty Global Ltd. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Liberty Global (LBTY) CFO Charles Bracken Receives Equity Award
What Happened
Charles H. R. Bracken, EVP & Chief Financial Officer of Liberty Global Ltd. (tickers LBTYA / LBTYB / LBTYK), was granted a total of 369,472 equity awards on March 26, 2026. The filing shows four derivative award entries: two grants of 102,631 units (price $0.00) and two grants of 82,105 units (price listed as N/A). These awards are grants (Form 4 code A) — not open-market purchases or sales — and therefore represent compensation-equity rather than a cash transaction.
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-30 (filing appears timely).
- Total units granted: 102,631 + 102,631 + 82,105 + 82,105 = 369,472 (derivative awards).
- Reported prices: two entries at $0.00; two entries shown as N/A. No cash value realized at grant.
- Shares owned after transaction: not specified in the available filing details.
- Notable footnotes:
- F1 (PSUs): Performance Share Units vest based on stock-price hurdles over Jan 1, 2026–Dec 31, 2028, cliff vesting Feb 15, 2029; payout 0–100% with possible overperformance up to 200%.
- F2 (RSUs): Restricted Share Units entitle holder to one share per unit.
- F3: RSUs vest in three equal annual installments beginning May 1, 2027.
- No tax-withholding or immediate sale (cashless exercise) noted in the filing.
Context
These are equity compensation awards (PSUs and RSUs). PSUs are performance-contingent — their final payout depends on future stock-price performance and cliff-vesting in 2029 — while RSUs vest over multiple years starting in 2027. Because these are grants rather than purchases or sales, they are routine compensation/retention instruments and do not by themselves signal immediate insider buying or selling.
Insider Transaction Report
- Award
Performance Share Units A
[F1]2026-03-26+102,631→ 102,631 total→ Class A Common Shares (102,631 underlying) - Award
Performance Share Units C
[F1]2026-03-26+102,631→ 102,631 total→ Class C Common Shares (102,631 underlying) - Award
Restricted Share Units A
[F2][F3]2026-03-26+82,105→ 82,105 total→ Class A Common Shares (82,105 underlying) - Award
Restricted Share Units C
[F2][F3]2026-03-26+82,105→ 82,105 total→ Class C Common Shares (82,105 underlying)
Footnotes (3)
- [F1]Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be. PSUs are subject to performance conditions based upon achievement of stock price hurdles over a three-year period from January 1, 2026 to December 31, 2028 with "cliff" vesting on February 15, 2029, assuming continued employment. PSUs will vest from 0-100 percent, with an opportunity to earn more if there is overperformance, capped at 200 percent.
- [F2]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.
- [F3]The RSUs vest in three equal annual installments commencing on May 1, 2027.