John C. Malone - 20 Dec 2023 Form 4 Insider Report for Qurate Retail, Inc. (QVCGA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Dec 2023, 16:28:04 UTC
Prior SEC filing
28 Aug 2023
Next SEC filing
22 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone

Key filing fact

John C. Malone filed Form 4 for Qurate Retail, Inc. (QVCGA) on 22 Dec 2023.

Key facts

  • This page summarizes John C. Malone's Form 4 filing for Qurate Retail, Inc. (QVCGA).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Dec 2023, 16:28.

Change

  • Previous filing in this sequence was filed on 28 Aug 2023.
  • Current net transaction value: +$26,016,048.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QRTEA transaction

8% Series A Cumulative Redeemable Preferred Stock

Other

Transaction value
$26,016,048
Shares
+722,367
Change %
+1852223%
Price
$36.02
Shares after
722,406
Date
20 Dec 2023
Ownership
Direct
Footnotes
F1
QRTEA holding

8% Series A Cumulative Redeemable Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
19,057
Date
20 Dec 2023
Ownership
Leslie A. Malone 1995 Revocable Trust
Footnotes
F2
QRTEA holding

8% Series A Cumulative Redeemable Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
110,300
Date
20 Dec 2023
Ownership
Malone 2020 Trust
Footnotes
F3
QRTEA holding

8% Series A Cumulative Redeemable Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
0
Date
20 Dec 2023
Ownership
Malone 2022 QRTEP GRAT
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On December 20, 2023, the Reporting Person withdrew 722,367 shares of the Issuer's 8.0% Series A Cumulative Redeemable Preferred Stock (the "Preferred Shares") from the Malone December 2022 QRTEP grantor retained annuity trust that was established for his benefit in exchange for a promissory note. This resulted in a decrease in the number of Preferred Shares the Reporting Person beneficially owned indirectly through the trust to zero and a corresponding increase in the number of Preferred Shares the Reporting Person beneficially owns directly. The Reporting Person believes that his withdrawal of the Preferred Shares from the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

Footnote F2

The Reporting Person disclaims beneficial ownership of these shares held by the Leslie A. Malone 1995 Revocable Trust.

Footnote F3

Includes 110,300 QRTEP shares held by a grantor trust of which Mrs. Malone is the grantor and Mr. Malone is the sole trustee. Mrs. Malone retains a power of substitution and Mr. Malone has a power of appointment over the assets in the trust.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .