Form 4: Liberty Broadband Corp Sells 556,530 Shares of Charter Communications
SEC Form 4
Liberty Broadband Corp sold 556,530 shares of Charter Communications Class A Common Stock at $359.37 per share on March 13, 2025.
Summary
- On March 13, 2025, Liberty Broadband Corp sold 556,530 shares of Charter Communications, Inc. Class A Common Stock.
- The sale price was $359.37 per share.
- The shares were sold directly to the Issuer (Charter Communications).
- Following the transaction, Liberty Broadband Corp beneficially owns 44,463,239 shares indirectly through wholly-owned subsidiaries.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a factual report of a stock sale. The impact on the company depends on market perception and the reasons behind the sale.
Industry Context
This transaction reflects a significant sale of shares by a major shareholder, Liberty Broadband, in Charter Communications. Such transactions are closely watched by the market as they can indicate the shareholder's view on the company's prospects or capital allocation strategies.
Stakeholder Impact
- The sale of shares could potentially impact shareholder value depending on market reaction.
- The transaction may influence investor confidence in Charter Communications.
Key Dates
| Date | Description |
|---|---|
| May 23, 2015 | Date of the Second Amended and Restated Stockholders Agreement |
| February 23, 2021 | Date of the letter agreement between the Issuer and the Reporting Person |
| November 12, 2024 | Date of Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement |
| 03/13/2025 | Date of the transaction: sale of shares |
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