Director Malone John C bought $3,010,062 worth of Series A GCI Group Common Stock (83,938 units at $35.86) and bought $3,529,211 worth of Series C GCI Group Common Stock (98,408 units at $35.86), increasing direct ownership by 387% to 1,124,386 units (SEC Form 4)
$GLIBK
Cable & Other Pay Television Services
Telecommunications
| FORM 4 |
UNITED 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 |
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| 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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
GCI Liberty, Inc. [ GLIBK ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/18/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Series A GCI Group Common Stock | 08/18/2025 | P | 66,553 | A | $35.9367(1) | 297,198 | D | |||
| Series A GCI Group Common Stock | 08/18/2025 | P | 10,853 | A | $35.3408(2) | 308,051 | D | |||
| Series C GCI Group Common Stock | 08/18/2025 | P | 26,247 | A | $35.7407(3) | 1,052,225 | D | |||
| Series A GCI Group Common Stock | 08/19/2025 | P | 1,688 | A | $35.9856(4) | 309,739 | D | |||
| Series C GCI Group Common Stock | 08/19/2025 | P | 29,556 | A | $35.9578(5) | 1,081,781 | D | |||
| Series A GCI Group Common Stock | 08/20/2025 | P | 4,844 | A | $35.9351(6) | 314,583 | D | |||
| Series C GCI Group Common Stock | 08/20/2025 | P | 42,605 | A | $35.8727(7) | 1,124,386 | D | |||
| Series A GCI Group Common Stock | 5,088 | I | Leslie A. Malone 1995 Revocable Trust | |||||||
| Series C GCI Group Common Stock | 71,421 | I | Leslie A. Malone 1995 Revocable Trust | |||||||
| Series C GCI Group Common Stock | 42,666 | I | Malone LG 2013 Charitable Remainder Unitrust | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $35.610 to $36.000, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| 2. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $34.590 to $35.555, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| 3. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $35.450 to $36.000, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| 4. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $35.770 to $36.000, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| 5. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $35.590 to $36.000, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| 6. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $35.680 to $36.000, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| 7. The price is a weighted average price. These shares were purchased in multiple transactions ranging from $35.565 to $36.000, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range. |
| /s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone | 08/20/2025 | |
| ** Signature of Reporting Person | Date | |
| 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. | ||