Waldron Jason 4
Research Summary
AI-generated summary
Liberty Global (LBTY) SVP Jason Waldron Receives Awards, Withholds Shares
What Happened
Jason R. Waldron, Senior Vice President & Chief Accounting Officer of Liberty Global Ltd. (LBTY), was issued performance-based awards and had shares withheld to cover tax obligations. The filing shows two award issuances of 7,863 shares each (total 15,726 shares) on March 13, 2026, following the 2023 Ventures Incentive Plan performance period. To satisfy tax withholding, two separate dispositions of 3,441 shares each occurred the same day at $12.18 and $11.91 per share, producing proceeds of $41,911 and $40,982 respectively (total ≈ $82,893).
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (appears timely).
- Awards: Two grants of 7,863 shares each (total 15,726) issued after the 2023 performance period ended Dec 31, 2025 (see footnote F1).
- Withholding disposals: 3,441 shares @ $12.18 (proceeds $41,911) and 3,441 shares @ $11.91 (proceeds $40,982); total withheld = 6,882 shares, total proceeds ≈ $82,893.
- Holdings: Shares are held by the Jason R. Waldron Revocable Trust; the filing does not state post-transaction total holdings (see footnote F2).
- Codes: "A" = award/acquisition; "F" = shares surrendered/withheld for taxes. Not an open-market sale or purchase.
Context
This transaction reflects vesting/issuance of performance awards and routine tax-withholding (a common net-share settlement), rather than an open-market investment decision. Footnote F1 confirms the shares were issued at the discretion of the compensation committee after the three-year performance period; footnote F2 shows the shares are held in the insider's revocable trust.
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