Form 4: Liberty Broadband Corp Sells Charter Communications Stock in Exempt Transaction

Liberty Broadband Corp sold 273,636 shares of Charter Communications Class A Common Stock at $365.45 per share in an exempt transaction.

Summary

• Liberty Broadband Corp, a 10% owner and director of Charter Communications, sold 273,636 shares of Class A Common Stock on April 11, 2025.
• The sale was executed at a price of $365.45 per share.
• The transaction was exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
• Following the transaction, Liberty Broadband Corp beneficially owns 44,189,603 shares indirectly through wholly-owned subsidiaries.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Sales by significant shareholders are common and can be driven by various factors, including portfolio rebalancing or strategic decisions by the selling entity. The impact on the stock price depends on the size of the sale relative to the trading volume and overall market sentiment.

Stakeholder Impact

• The sale could potentially impact shareholders depending on market reaction to the news.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely minimal.

Key Dates

Keywords

Charter Communications, Liberty Broadband Corp, Stock Sale, Form 4, Exempt Transaction, CHTR, Beneficial Ownership, Rule 16b-3