Changes in Beneficial Ownership · 4
Liberty Capital Corporation
Changes in Beneficial Ownership
Structured filing — 4
tm2624251-1_4seq1.xml
Filing details
- Report period
- 2026-08-26
- Issuer
- Liberty Capital Corp/NV
- Issuer CIK
- 0002057463
- Trading symbol
- GLIBK
Reporting owner 1
- Name
- MALONE JOHN C
- Reporting owner CIK
- 0000937797
- Relationship
- Director · 10% owner
- Address
- 12300 LIBERTY BOULEVARD, ENGLEWOOD, CO, 80112
Derivative transactions
| Security | Conversion / exercise price (USD) | Transaction date | Code | Amount | A / D | Price (USD) | Exercisable | Expires | Underlying security | Underlying shares | Owned after | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Call option (obligation to sell) | 41.2049 | 2026-08-26 | E · Equity swap · Form 4[F1][F2][F3] | 13,400 | D | 0 | [F2] | [F2] | Series C GCI Group Common Stock | 13,400 | 107,200 | D |
| Put option (right to sell) | 30.15 | 2026-08-26 | X · Equity swap · Form 4[F1][F2][F3] | 13,400 | D | 0 | [F2] | [F2] | Series C GCI Group Common Stock | 13,400 | 107,200 | D |
| Call option (obligation to sell) | 41.2049 | 2026-08-27 | E · Equity swap · Form 4[F1][F2][F4] | 13,400 | D | 0 | [F2] | [F2] | Series C GCI Group Common Stock | 13,400 | 93,800 | D |
| Put option (right to sell) | 30.15 | 2026-08-27 | X · Equity swap · Form 4[F1][F2][F4] | 13,400 | D | 0 | [F2] | [F2] | Series C GCI Group Common Stock | 13,400 | 93,800 | D |
| Call option (obligation to sell) | 41.2049 | 2026-08-28 | E · Equity swap · Form 4[F1][F2][F5] | 13,400 | D | 0 | [F2] | [F2] | Series C GCI Group Common Stock | 13,400 | 80,400 | D |
| Put option (right to sell) | 30.15 | 2026-08-28 | X · Equity swap · Form 4[F1][F2][F5] | 13,400 | D | 0 | [F2] | [F2] | Series C GCI Group Common Stock | 13,400 | 80,400 | D |
Table key
- E · Equity swap · Form 4
- Short derivative position expired
- D
- Direct
- X · Equity swap · Form 4
- At- or in-the-money derivative exercised
Footnotes
- F1
- As previously disclosed by the Reporting Person, on July 15, 2025, the Reporting Person was automatically deemed to have entered into a "zero-cost collar" arrangement with respect to 200,000 shares of the Issuer's Series C GCI Group Common Stock (the "Collar"), pursuant to which he wrote European call options and purchased European put options referencing shares of Series C GCI Group Common Stock. Only one of the options can be in the money on the expiration date, at which time the in-the-money options will be exercised, and the other options will expire. If neither the put options nor the call options are in the money on the expiration date, both the put and call options will expire. The Collar will be settled in cash unless the Reporting Person elects physical settlement.↩ 1↩ 2↩ 3↩ 4↩ 5↩ 6
- F2
- The Collar is divided into 15 components, the first 5 of which are with respect to 13,200 shares of Series C GCI Group Common Stock and the last 10 of which are with respect to 13,400 shares, maturing on sequential trading days over the period beginning on August 18, 2026 and ending on September 8, 2026.↩ 1↩ 2↩ 3↩ 4↩ 5↩ 6↩ 7↩ 8↩ 9↩ 10↩ 11↩ 12↩ 13↩ 14↩ 15↩ 16↩ 17↩ 18
- F3
- On August 26, 2026, the seventh component of the Collar settled in cash and the Reporting Person received a cash amount of $51,054. On the same date, the related call option expired unexercised.↩ 1↩ 2
Signature 1
- Signed
- /s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone
- Date
- 2026-08-28
Company context
GCI Liberty was formed in Nevada in December 2024 for the purpose of ultimately holding the GCI Business. On July 14, 2025, Liberty Broadband and its subsidiaries completed an internal reorganization in order for Liberty Broadband to transfer the GCI Business to GCI Liberty in exchange for GCI Liberty stock, including 10,000 shares of GCI Liberty non-voting preferred stock, and the assumption of liabilities related to the GCI Business by GCI Liberty. The internal reorganization resulted in GCI Liberty owning, directly or indirectly, GCI, LLC and the operations comprising, and the entities that conduct, the GCI Business. Following the internal reorganization, on July 14, 2025, Liberty Broadband sold all of the non-voting preferred stock (the “preferred stock sale”) to third parties. Following the preferred stock sale, GCI Liberty effected a reclassification of GCI Liberty’s existing common stock into a sufficient number of shares of Series A GCI Group common stock, Series B GCI Group common stock and Series C GCI Group common stock to complete the divestiture of GCI Liberty pursuant to the distribution (the “distribution”) by Liberty Broadband to the holders of record of Liberty Broadband common stock, as of the record date for the distribution, of all the shares of GCI Group common stock held by Liberty Broadband immediately prior to the distribution. The internal reorganization, the preferred stock sale, the reclassification and the distribution are collectively referred as