Liberty Broadband Corp 4
4 · CHARTER COMMUNICATIONS, INC. /MO/ · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Charter (CHTR) 10% Owner Liberty Broadband Sells 386,045 Shares
What Happened
- Liberty Broadband Corp, a reported 10% owner of Charter Communications (CHTR), disposed of 386,045 shares to the issuer on March 12, 2026. The shares were sold at $231.71 per share for a total proceeds of $89,450,487. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-03-12; Price: $231.71 per share; Shares sold: 386,045; Total value: $89,450,487.
- Transaction type/code: Disposition to issuer (D) — shares were sold back to Charter, not an open-market sale.
- Footnote: The sale was made in an exempt transaction under Rule 16b-3 pursuant to Charter’s stockholder agreements and related letter agreements (including a March 5, 2026 letter), per the filing.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing date / timeliness: Reported on Form 4 with period of report 2026-03-12 (appears to be filed contemporaneously).
Context
- Liberty Broadband is a large institutional/strategic holder (10% owner), not an individual executive; these transactions often reflect contractual arrangements among major shareholders and the company rather than individual insider sentiment. The Rule 16b-3 exemption and stockholder agreement language indicate this was a planned/contractual sale to the issuer.
Insider Transaction Report
Form 4
Liberty Broadband Corp
Director10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
[F1]2026-03-12$231.71/sh−386,045$89,450,487→ 40,660,307 total(indirect: Held through wholly-owned subsidiaries)
Footnotes (1)
- [F1]Such shares were sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended, pursuant to the terms of the Second Amended and Restated Stockholders Agreement, dated as of May 23, 2015, as amended, by and among, among others, the Issuer, Advance/Newhouse Partnership and the Reporting Person, the Letter Agreement, dated February 23, 2021, between the Issuer and the Reporting Person, Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement, dated as of November 12, 2024, by and among, among others, the Issuer and the Reporting Person, and the Letter Agreement, dated March 5, 2026, by and among the Issuer, the Reporting Person and Advance/Newhouse Partnership.
Signature
Liberty Broadband Corporation By: /s/ Brittany A. Uthoff; Name: Brittany A. Uthoff; Title: Vice President|2026-03-12