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Liberty Media Corporation Series A Liberty Formula One Common Stock

Robert R Bennett (Chairman of the Board) reports FWONA insider transactions

4FWONAFiled Nov 12, 2026, 5:01 PM ET· Period Nov 9, 2026

AI-generated summary

Chairman of the Board, Director Robert R Bennett received a grant of 600,000 stock options of Series A Liberty Formula One Common Stock, a grant of 60,000 stock options of Series C Common Stock, and disposed of 400,000 stock options of Series B Common Stock by sale back to the company. Following these transactions, the insider directly held 600,000 Series A stock options, 60,000 Series C stock options, and 0 Series B stock options.

View original filing on SEC.gov (opens SEC EDGAR)

Key facts

Insider
Robert R Bennett · Chairman of the Board, Director
DateTransactionSharesPriceValueHeld afterOwnership
Nov 9, 2026A · grantStock Option (Right to Buy) - FWONAFootnotes F1, F2+600,000$0.00$0.00600,000Direct
Nov 9, 2026D · sale back to the companyStock Option (Right to Buy) - FWONBFootnotes F3, F4−400,000——0Direct
Nov 9, 2026A · grantStock Option (Right to Buy) - FWONKFootnotes F5, F2+60,000$0.00$0.0060,000Direct
Footnotes
  1. F1 Represents options to purchase shares of the Issuer's Series A Common Stock granted pursuant to the Settlement Agreement (as defined in Footnote 3).
  2. F2 The options vested as to 20% on the grant date and vest as to an additional 20% on each of the first four anniversaries thereof.
  3. F3 Reflects the disposition of options to purchase shares of the Issuer's Series B Common Stock ("FWONB"), pursuant to the Stock Option Award and Settlement Agreement, dated as of November 4, 2026, between the Reporting Person and the Issuer (the "Settlement Agreement"), in connection with the closing of the exchange contemplated by the Exchange Agreement, dated as of November 4, 2026, among the Issuer and the persons named therein (the "Closing"). Following the Closing, pursuant to the Settlement Agreement, on November 9, 2026, the options vested in full and were cancelled in exchange for a cash payment of $17.74 per share underlying the options, less applicable tax withholding, representing the excess of the fair market value of a share of FWONB on November 9, 2026 over the exercise price of the options.
  4. F4 On May 12, 2026, the Issuer reincorporated from a corporation incorporated under the laws of the State of Delaware to a corporation incorporated under the laws of the State of Nevada by means of a plan of conversion. At the effective time of the conversion, any option to purchase shares of the Issuer's Series B Liberty Formula One Common Stock of the Delaware Corporation automatically converted into a corresponding award with respect to the same number of shares of Series B Common Stock of the Nevada Corporation with the same terms. The conversion did not alter the proportionate interests of security holders.
  5. F5 Represents options to purchase shares of the Issuer's Series C Common Stock granted pursuant to the Settlement Agreement.

Remarks: The transactions reported on this Form 4 were approved by a special committee of the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

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Not investment advice. Summaries can contain errors; the SEC filing is the official record.