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Liberty Global (LBTYA) grants PSUs and RSUs to EVP, General Counsel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HALL BRYAN H reported acquisition or exercise transactions in this Form 4 filing.

Liberty Global Ltd. executive Bryan H. Hall, EVP, General Counsel & Secretary, received new equity awards in the form of performance share units (PSUs) and restricted share units (RSUs) tied to the company’s Class A and Class C common shares. He was granted 87,236 PSUs linked to Class A shares and 87,236 PSUs linked to Class C shares. These PSUs are contingent on meeting stock price hurdles over a three-year period from January 1, 2026 to December 31, 2028, with cliff vesting on February 15, 2029 and payout ranging from 0–100%, with potential overperformance up to 200%. Hall also received 69,789 RSUs linked to Class A shares and 69,789 RSUs linked to Class C shares. The RSUs vest in three equal annual installments starting May 1, 2027, serving as long-term compensation rather than open-market share purchases or sales.

Positive

  • None.

Negative

  • None.
Insider HALL BRYAN H
Role EVP, Gen Counsel & Secretary
Type Security Shares Price Value
Grant/Award Performance Share Units A 87,236 $0.00 --
Grant/Award Performance Share Units C 87,236 $0.00 --
Grant/Award Restricted Share Units A 69,789 $0.00 --
Grant/Award Restricted Share Units C 69,789 $0.00 --
Holdings After Transaction: Performance Share Units A — 87,236 shares (Direct); Performance Share Units C — 87,236 shares (Direct); Restricted Share Units A — 69,789 shares (Direct); Restricted Share Units C — 69,789 shares (Direct)
Footnotes (1)
  1. Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be. PSUs are subject to performance conditions based upon achievement of stock price hurdles over a three-year period from January 1, 2026 to December 31, 2028 with "cliff" vesting on February 15, 2029, assuming continued employment. PSUs will vest from 0-100 percent, with an opportunity to earn more if there is overperformance, capped at 200 percent. Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be. The RSUs vest in three equal annual installments commencing on May 1, 2027.
Performance Share Units A 87,236 units PSUs in Class A common shares granted to Bryan H. Hall
Performance Share Units C 87,236 units PSUs in Class C common shares granted to Bryan H. Hall
Restricted Share Units A 69,789 units RSUs in Class A common shares granted to Bryan H. Hall
Restricted Share Units C 69,789 units RSUs in Class C common shares granted to Bryan H. Hall
PSU performance period January 1, 2026 – December 31, 2028 Measurement period for PSU stock price hurdles
PSU vesting date February 15, 2029 Cliff vesting date for performance share units
PSU payout range 0–200% PSUs vest 0–100% with overperformance capped at 200%
RSU vesting start May 1, 2027 RSUs vest in three equal annual installments from this date
Performance Share Unit financial
"Each Performance Share Unit ("PSU") represents a contingent right to receive one share"
A performance share unit (PSU) is a form of executive or employee pay that promises shares (or the cash value of shares) only if the company meets specific performance targets over a set period. Think of it like a bonus cheque that only arrives if the company hits agreed goals — it aligns managers’ rewards with business results and signals to investors how leadership is being incentivized to grow value over time.
Restricted Share Unit financial
"Each Restricted Share Unit ("RSU") represents a right to receive one share"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
cliff vesting financial
"with "cliff" vesting on February 15, 2029, assuming continued employment"
stock price hurdles financial
"subject to performance conditions based upon achievement of stock price hurdles over a three-year period"
"Stock price hurdles" are specific price levels that investors watch closely because reaching them can signal a potential change in the stock's future. Think of them like checkpoints in a video game; once the stock hits these levels, it might trigger new buying or selling activity, affecting whether the price goes up or down.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HALL BRYAN H
(Last)(First)(Middle)
1550 WEWATTA STREET, STE 1000
(Street)
DENVER COLORADO 80202
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Liberty Global Ltd. [ LBTY ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Gen Counsel & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units A(1)03/26/2026A87,236 (1) (1)Class A Common Shares87,236$087,236D
Performance Share Units C(1)03/26/2026A87,236 (1) (1)Class C Common Shares87,236$087,236D
Restricted Share Units A(2)03/26/2026A69,789 (3) (3)Class A Common Shares69,789(2)69,789D
Restricted Share Units C(2)03/26/2026A69,789 (3) (3)Class C Common Shares69,789(2)69,789D
Explanation of Responses:
1. Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be. PSUs are subject to performance conditions based upon achievement of stock price hurdles over a three-year period from January 1, 2026 to December 31, 2028 with "cliff" vesting on February 15, 2029, assuming continued employment. PSUs will vest from 0-100 percent, with an opportunity to earn more if there is overperformance, capped at 200 percent.
2. Each Restricted Share Unit ("RSU") represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
3. The RSUs vest in three equal annual installments commencing on May 1, 2027.
Remarks:
The trading symbols for the Issuer's classes of common shares are LBTYA, LBTYB, and LBTYK.
/s/ Bryan H. Hall03/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Liberty Global (LBTYA) executive Bryan H. Hall receive in this Form 4?

Bryan H. Hall received equity awards in performance share units and restricted share units tied to Liberty Global’s Class A and Class C shares. These awards are part of his long-term compensation, not open-market trades, and will vest over several future years under specified conditions.

How many performance share units did Bryan H. Hall receive from Liberty Global (LBTYA)?

He received 87,236 Performance Share Units A and 87,236 Performance Share Units C. Each PSU represents a contingent right to one Class A or Class C common share, subject to stock price performance hurdles and future vesting conditions over a defined multi-year period.

What are the vesting conditions for Liberty Global (LBTYA) performance share units?

The performance share units vest based on stock price hurdles measured from January 1, 2026 to December 31, 2028. They use cliff vesting on February 15, 2029 and can vest between 0–100%, with potential overperformance allowing up to 200% of the target shares if conditions are met.

How many restricted share units did Bryan H. Hall receive from Liberty Global (LBTYA)?

He received 69,789 Restricted Share Units A and 69,789 Restricted Share Units C. Each RSU represents a right to one Class A or Class C share. These units form part of his deferred equity compensation from the company rather than immediate share ownership.

When do Liberty Global (LBTYA) restricted share units granted to Bryan H. Hall vest?

The restricted share units vest in three equal annual installments starting on May 1, 2027. This schedule spreads vesting over three years, encouraging ongoing service and aligning Hall’s compensation with Liberty Global’s longer-term performance and retention goals.

Do these Liberty Global (LBTYA) Form 4 transactions involve open-market buying or selling?

No, the transactions reflect grants of performance share units and restricted share units as compensation, all at an indicated price of $0.0000 per unit. They are awards that vest over time or based on performance, not open-market purchases or sales of existing shares.