Derek Gordon Schiller - 18 Jun 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
18 Jun 2025
Net transactions value
-$1,222,400
Form type
4
Filing time
23 Jun 2025, 16:01:10 UTC
Previous filing
13 Jun 2025
Next filing
08 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Schiller Derek Gordon EVP, Business C/O ATLANTA BRAVES HOLDINGS, INC., 755 BATTERY AVENUE SE, ATLANTA /s/ Kerry T. Wenzel, Attorney-in-Fact 23 Jun 2025 0001825383

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BATRK Series C Common Stock Options Exercise $1,087,200 +40,000 +13% $27.18 340,233 18 Jun 2025 Direct
transaction BATRK Series C Common Stock Sale $1,760,000 -40,000 -12% $44.00 300,233 18 Jun 2025 Direct F1
transaction BATRK Series C Common Stock Options Exercise $815,400 +30,000 +10% $27.18 330,233 20 Jun 2025 Direct
transaction BATRK Series C Common Stock Sale $675,000 -15,000 -4.5% $45.00 315,233 20 Jun 2025 Direct F1
transaction BATRK Series C Common Stock Sale $690,000 -15,000 -4.8% $46.00 300,233 20 Jun 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 -40,000 -16% $0.000000 205,395 18 Jun 2025 Series C Common Stock 40,000 $27.18 Direct
transaction BATRK Stock option (Right to Buy) - BATRK Options Exercise $0 -30,000 -15% $0.000000 175,395 20 Jun 2025 Series C Common Stock 30,000 $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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on September 6, 2024.