Form 4: Liberty Media Corp: Officer Renee L. Wilm Reports Stock Disposals
SEC Form 4 Filing
Renee L. Wilm, Chief Legal/Admin Officer of Liberty Media Corp, reported the disposal of Series C Liberty Formula One, Live, and SiriusXM Common Stock on March 11, 2024, to cover tax obligations.
Summary
- On March 11, 2024, Renee L. Wilm, Chief Legal/Admin Officer of Liberty Media Corp, reported disposing of shares of Series C Liberty Formula One, Liberty Live, and Liberty SiriusXM Common Stock.
- The transactions involved the disposal of 2,951 shares of Series C Liberty Formula One Common Stock at $71.31 per share.
- Additionally, 1,171 shares of Series C Liberty Live Common Stock were disposed of at $40.01 per share.
- Finally, 4,176 shares of Series C Liberty SiriusXM Common Stock were disposed of at $29.75 per share.
- Following these transactions, Wilm directly owns 16,975 shares of Series C Liberty Formula One Common Stock, 6,639 shares of Series C Liberty Live Common Stock, and 17,916 shares of Series C Liberty SiriusXM Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals by an officer, likely for tax purposes, without indicating any fundamental change in the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposals may have a minor, short-term impact on the stock price, but are unlikely to significantly affect long-term shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal transactions |
| 03/13/2024 | Date of signature on the Form 4 filing |
Keywords
Liberty Media Corp, Renee L. Wilm, Form 4, Stock Disposal, Insider Trading, LSXMA, Series C Liberty Formula One Common Stock, Series C Liberty Live Common Stock, Series C Liberty SiriusXM Common Stock
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