NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Andrew Cole Boosts Holdings with Significant Equity and Option Grants
Liberty Global Ltd. Director Andrew Cole reported the acquisition of Class A and Class C common shares through RSU vesting, alongside new grants of Restricted Share Units and stock options, signaling continued alignment with shareholder interests.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Marisa Drew Reports Significant Equity Award Grants and Vesting
Liberty Global Ltd. Director Marisa D. Drew reported the acquisition of new Restricted Share Units and Share Options, alongside the vesting of previously granted equity awards, as part of her compensation.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Miranda Curtis Granted Over 60,000 Stock Options
Liberty Global Ltd. Director Miranda Curtis was granted 60,376 stock options across Class A and Class C common shares as part of her compensation, with vesting tied to future annual general meetings.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Paul Gould Reports New Equity Awards and Vesting of Prior Grants
Liberty Global Ltd. Director Paul A. Gould has reported the acquisition of new Restricted Share Units and stock options, alongside the vesting of previously granted equity awards, as detailed in a recent SEC Form 4 filing.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Larry Romrell Granted Over 60,000 Stock Options
Liberty Global Ltd. director Larry E. Romrell has been granted a total of 60,376 stock options for Class A and Class C common shares, aligning his interests with shareholders.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Richard Green Awarded Significant Equity Compensation
Liberty Global Ltd. Director Richard R. Green was granted 11,618 Restricted Share Units and 30,188 stock options for Class A and Class C common shares as part of his compensation.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Daniel Sanchez Boosts Stake Through Share Acquisitions and Option Grants
Liberty Global Ltd. Director Daniel E. Sanchez reported significant changes in his beneficial ownership, including the acquisition of common shares through RSU vesting and new grants of Restricted Share Units and stock options.
Better than expected
 
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director Anthony Werner Converts RSUs to Shares, Receives New Equity Awards
Liberty Global Ltd. Director Anthony G. Werner converted 6,666 Restricted Share Units into common shares and was granted new equity awards, including additional Restricted Share Units and Share Options, on May 27, 2025.
NASDAQ
4 days, 3 hours ago 
LBTYA
Liberty Global LTD
Form 4: Liberty Global Director J. David Wargo Acquires Significant Equity Awards
Liberty Global Ltd. Director J. David Wargo has acquired 11,618 Restricted Share Units and 30,188 Share Options across Class A and Class C common shares, signaling increased equity alignment with the company.
NASDAQ
4 days, 4 hours ago 
LBTYA
Liberty Global LTD
8-K: Liberty Global Shareholders Affirm Board and Auditor Appointments at Annual Meeting
Liberty Global Ltd. announced that its shareholders approved the election of four directors and the reappointment of KPMG LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2025, at its annual general meeting held on May 27, 2025.
LBTYA 
Liberty Global LTD 
NASDAQ

Form 4: Liberty Global Director Daniel Sanchez Boosts Stake Through Share Acquisitions and Option Grants

Sentiment:
 Insider Transaction Report
 29 May 2025 5:21 PM

Liberty Global Ltd. Director Daniel E. Sanchez reported significant changes in his beneficial ownership, including the acquisition of common shares through RSU vesting and new grants of Restricted Share Units and stock options.

Better than expected
  Director Daniel E. Sanchez increased his direct beneficial ownership of Liberty Global common shares through the vesting of previously granted Restricted Share Units.  He received substantial new grants of Restricted Share Units and stock options, indicating continued alignment of his interests with the company's long-term performance and growth. 

Summary
  • Daniel E. Sanchez, a Director at Liberty Global Ltd. (LBTY), reported changes in his beneficial ownership on May 27, 2025.
  • He acquired 3,333 Class A Common Shares and 3,333 Class C Common Shares through the vesting of previously granted Restricted Share Units (RSUs).
  • Following these transactions, his direct beneficial ownership stands at 6,700 Class A Common Shares and 10,067 Class C Common Shares.
  • Sanchez was granted 5,809 new Restricted Share Units for Class A Common Shares and 5,809 for Class C Common Shares, which are set to vest in full on the date of the Issuer's 2026 annual general meeting.
  • He also received new grants of 15,094 Share Options for Class A Common Shares with an exercise price of $9.78 and 15,094 Share Options for Class C Common Shares with an exercise price of $10.02.
  • These newly granted options will vest in three equal annual installments commencing on the date of the Issuer's 2026 annual general meeting and expire on May 27, 2035.
  • The filing indicates the conversion of previously held RSUs that vested on the 2025 annual general meeting, resulting in 0 remaining of those specific RSU grants.
Sentiment

Score: 8

Explanation: The filing indicates a significant increase in the director's beneficial ownership and future equity incentives, which is generally viewed positively as it aligns management's interests with shareholders and signals confidence in the company's long-term prospects.

Positives
  • Director Daniel E. Sanchez increased his direct beneficial ownership of Liberty Global's Class A and Class C common shares by 3,333 shares each through RSU vesting.
  • The director received new grants of 5,809 Class A Restricted Share Units and 5,809 Class C Restricted Share Units, aligning his interests with long-term shareholder value.
  • New grants of 15,094 Class A Share Options and 15,094 Class C Share Options were issued, providing an incentive for future performance.
Future Outlook

The vesting schedules for the newly granted Restricted Share Units (full vesting on 2026 AGM) and Share Options (three equal annual installments starting 2026 AGM) indicate a long-term incentive structure for Director Sanchez, aligning his future compensation with the company's performance over the coming years.

Industry Context

This Form 4 filing reflects routine equity compensation and insider ownership changes for a director at Liberty Global, a major international telecommunications and media company. Such filings are common across the industry as part of executive and director compensation packages designed to align interests with shareholders.

Comparison to Industry Standards
  • The use of Restricted Share Units (RSUs) and stock options as part of executive and director compensation is a standard practice across the telecommunications and broader corporate sectors, including companies like Comcast (CMCSA), Charter Communications (CHTR), and Vodafone (VOD).
  • The vesting schedules, particularly multi-year vesting for options and RSUs, are typical for long-term incentive plans, aiming to retain talent and encourage sustained performance, consistent with corporate governance best practices seen in global benchmarks.
  • The reported transactions are consistent with standard insider reporting requirements under Section 16(a) of the Securities Exchange Act of 1934.
Stakeholder Impact
  • Shareholders: The increase in a director's beneficial ownership and the granting of long-term equity incentives can be seen as a positive signal, indicating management's commitment and alignment with shareholder interests.
Next Steps
  • Vesting of 5,809 Class A and 5,809 Class C Restricted Share Units on the date of the Issuer's 2026 annual general meeting.
  • Commencement of vesting for 15,094 Class A and 15,094 Class C Share Options in three equal annual installments starting from the Issuer's 2026 annual general meeting.
Key Dates
  • 05/27/2025: Date of reported transactions, including RSU vesting, new RSU grants, and new share option grants.
  • 05/29/2025: Date the Form 4 was signed by Attorney-in-Fact.
  • 2025: Year of the Issuer's annual general meeting when certain RSUs vested in full.
  • 2026: Year of the Issuer's annual general meeting when newly granted RSUs will vest in full and new share options will begin to vest.
  • 05/27/2035: Expiration date for the newly granted Class A and Class C Share Options.
Keywords
Liberty Global, LBTY, SEC Form 4, Insider Trading, Beneficial Ownership, Stock Options, Restricted Share Units, Director Stock Acquisition, Equity Compensation, Share Vesting
LBTYA 
Liberty Global LTD 
NASDAQ
Sector: Communication Services
 
Filings with Classifications
Better than expected
29 May 2025 5:21 PM
Insider Transaction Report
  • Director Daniel E. Sanchez increased his direct beneficial ownership of Liberty Global common shares through the vesting of previously granted Restricted Share Units.
  • He received substantial new grants of Restricted Share Units and stock options, indicating continued alignment of his interests with the company's long-term performance and growth.
Delay expected
2 May 2025 7:11 AM
Quarterly Report
  • VMO2 announced a pause of NetCo stake sale process to align with JV partner's strategic review.
Worse than expected
2 May 2025 7:11 AM
Quarterly Report
  • VodafoneZiggo revised its 2025 guidance, projecting a steeper than expected Adjusted EBITDA decline.
Worse than expected
2 May 2025 7:10 AM
Quarterly Report
  • The company reported a net loss attributable to Liberty Global shareholders of $1,337.3 million for Q1 2025, compared to net earnings of $510.0 million for the same period in 2024.
  • The company experienced significant foreign currency transaction losses of $1,081.0 million in Q1 2025.
Capital raise
18 February 2025 4:40 PM
Preliminary Results
  • Wyre secured commitments for a standalone 500 million capex facility for its roll-out ambitions.
  • Telenet implemented a trade receivables securitization program resulting in net proceeds of 189.2 million.
Worse than expected
18 February 2025 4:38 PM
Preliminary Results
  • Overall revenue decreased YoY for both FY 2024 and Q4 2024, indicating underperformance compared to the previous year.
  • Residential fixed and mobile revenue decreased YoY in Q4 2024, suggesting challenges in the core business segments.
  • Fixed-line customer relationships decreased by 9,500 YoY, reflecting customer losses.
Capital raise
18 February 2025 4:16 PM
Quarterly and Full Year Results
  • Liberty Global will focus on the inherent value of its fixed networks and, specifically, seek to raise capital for its fiber NetCos in Belgium and the U.K.
Better than expected
18 February 2025 4:16 PM
Annual Report
  • The company reported earnings from continuing operations of $1,869.1 million for 2024, a significant improvement compared to the loss of $3,659.1 million in 2023.
Worse than expected
15 November 2024 5:10 PM
Spin-off Announcement
  • The pro forma statements show a loss from continuing operations for the nine months ended September 30, 2024, and the year ended December 31, 2023, indicating a negative impact from the spin-off on the remaining business.
Worse than expected
29 October 2024 6:43 PM
Quarterly Report
  • The company reported a net loss of 15.1 million compared to a net profit of 439.2 million in the same quarter last year, primarily due to significant net finance expenses.
  • Adjusted Free Cash Flow declined by 61.3% year-over-year, indicating a significant deterioration in cash generation.
Worse than expected
29 October 2024 4:27 PM
Quarterly Results
  • VM Ireland's revenue and profitability declined year-over-year, with a significant increase in net loss.
  • VM Ireland's adjusted EBITDA decreased by 10.7% year-over-year, indicating weaker operational performance.
Worse than expected
29 October 2024 4:11 PM
Quarterly Report
  • The company reported a significant net loss of $1,410.9 million for Q3 2024, a substantial decrease compared to the $822.7 million profit in Q3 2023.
Worse than expected
29 October 2024 4:08 PM
Quarterly Report
  • The company reported a significant net loss of $1.41 billion in Q3 2024, compared to a net income of $822.7 million in the same period last year, indicating worse than expected financial performance.
Worse than expected
9 September 2024 9:03 AM
Spin-off Announcement
  • The 2024 Adjusted Free Cash Flow guidance was lowered from CHF 360-400 million to CHF 360-370 million due to one-off spin-off related costs.
Worse than expected
25 July 2024 4:32 PM
Quarterly Report
  • The company's Adjusted EBITDA decreased by 7.8% year-over-year, indicating a decline in profitability compared to the previous year.
  • The Adjusted EBITDA margin contracted from 50.8% to 47.0%, reflecting a decrease in profitability.
  • Adjusted EBITDA less P&E Additions declined significantly due to higher CAPEX intensity and lower Adjusted EBITDA.
Worse than expected
25 July 2024 4:29 PM
Quarterly Results
  • VM Ireland's net earnings decreased by 32.3% year-over-year, indicating a significant downturn in profitability.
  • Sunrise Holding Group's net loss increased by 12.3% year-over-year, suggesting a worsening financial position.
Worse than expected
25 July 2024 4:11 PM
Quarterly Report
  • VMO2's full-year revenue guidance was revised down to a 'low to mid-single-digit decline', indicating worse than expected performance in that area.
Better than expected
25 July 2024 4:10 PM
Quarterly Report
  • The company's net earnings attributable to shareholders improved significantly compared to the same period last year.
Better than expected
2 May 2024 4:49 PM
Earnings Call Transcript
  • The company expects the spin-off to create a fully distributed local valuation for Sunrise, which will represent a meaningful premium to our stock trades.
  • Analysts have estimated a preliminary value for Sunrise of approximately $11 per Liberty share, which is significant in relation to the current stock price.
Better than expected
2 May 2024 4:48 PM
Earnings Call Update
  • The spin-off is expected to unlock significant value for shareholders by establishing a separate, higher valuation for Sunrise.
  • Analysts have estimated a preliminary value for Sunrise at approximately $11 per Liberty Global share, which is a significant premium to the current trading price.
  • The company expects a re-rating of the remaining Liberty Global business after the spin-off.
Worse than expected
1 May 2024 4:26 PM
Quarterly Results
  • VM Ireland's revenue and Adjusted EBITDA decreased year-over-year, indicating worse than expected performance.
  • Sunrise Holding's rebased revenue and Adjusted EBITDA growth was flat, indicating worse than expected performance.
Worse than expected
1 May 2024 4:15 PM
Quarterly Report
  • The company's Adjusted EBITDA decreased by 6.9% YoY on a reported basis and 6.8% on a rebased basis, indicating a worse performance than expected in terms of profitability.
Better than expected
1 May 2024 4:14 PM
Quarterly Report
  • The company's net earnings were significantly better than the same period last year, moving from a loss to a profit.
Better than expected
16 February 2024 4:43 PM
Strategic Announcement
  • The spin-off of Sunrise is expected to unlock significant value for shareholders.
  • The company is investing $1.7 billion to deleverage Sunrise, increasing its equity value.
  • The company is committed to shareholder remuneration through buybacks and distributions.
Worse than expected
15 February 2024 4:32 PM
Quarterly Results
  • VM Ireland's full year and Q4 net earnings were significantly worse than the previous year.
  • VM Ireland's full year Adjusted EBITDA decreased year-over-year.
  • Sunrise Holding's full year Adjusted EBITDA decreased year-over-year.
Delay expected
15 February 2024 4:32 PM
Quarterly Results
  • Sunrise Holding experienced a delay in activations which impacted broadband performance.
Worse than expected
15 February 2024 4:16 PM
Quarterly Report
  • The consolidated results show a decrease in revenue and Adjusted EBITDA on a rebased basis, indicating worse than expected performance.
  • The company also reported a significant loss from continuing operations, further highlighting the worse than expected results.
Delay expected
15 February 2024 4:16 PM
Quarterly Report
  • Sunrise experienced a delay in activations, which impacted their broadband performance in Q4.
  • Telenet's results were impacted by continued IT platform migration issues throughout 2023.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.