Gregory John Heller - 03 Mar 2025 Form 4 Insider Report for Atlanta Braves Holdings, Inc. (BATRA)

Signature
/s/ Kerry T. Wenzel, Attorney-in-Fact
Issuer symbol
BATRA
Transactions as of
03 Mar 2025
Net transactions value
-$345,500
Form type
4
Filing time
05 Mar 2025, 16:01:13 UTC
Previous filing
13 Dec 2024
Next filing
14 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BATRK Series C Common Stock Options Exercise $679,500 +25,000 +168% $27.18 39,876 03 Mar 2025 Direct
transaction BATRK Series C Common Stock Sale $1,025,000 -25,000 -63% $41.00 14,876 03 Mar 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BATRK Stock option (Right to Buy) - BATRK Options Exercise $0 -25,000 -13% $0.000000 165,263 03 Mar 2025 Series C Common Stock 25,000 $27.18 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on September 9, 2024.