Form 4: Liberty Media Corp: Executive Renee L. Wilm Reports Stock Transactions
SEC Form 4
Renee L. Wilm, Chief Legal/Admin Officer of Liberty Media Corp, reports acquisition and disposal of Series C Liberty Formula One and Liberty Live Common Stock due to vesting of restricted stock units and tax withholding.
Summary
- On March 14, 2025, Renee L. Wilm, Chief Legal/Admin Officer of Liberty Media Corp, acquired 10,789 shares of Series C Liberty Formula One Common Stock and 3,286 shares of Series C Liberty Live Common Stock.
- These shares were issued as a result of the certification of performance criteria for performance-based restricted stock units granted on March 5, 2024.
- On March 15, 2025, Ms. Wilm disposed of 4,721 shares of Series C Liberty Formula One Common Stock at $85.96 per share and 1,438 shares of Series C Liberty Live Common Stock at $64.96 per share.
- These disposals were likely to cover tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Ms. Wilm beneficially owns 11,597 shares of Series C Liberty Formula One Common Stock and 10,925 shares of Series C Liberty Live Common Stock.
Sentiment
Score: 7
Explanation: The document reflects routine executive stock transactions related to compensation. It's neutral to slightly positive as it indicates the executive is receiving previously agreed upon compensation.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of grant for performance-based restricted stock units. |
| 03/14/2025 | Certification date of performance criteria satisfaction, resulting in stock issuance. |
| 03/14/2025 | Date of acquisition of Series C Liberty Formula One and Liberty Live Common Stock. |
| 03/15/2025 | Date of disposal of Series C Liberty Formula One and Liberty Live Common Stock. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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