Brian J. Wendling - 15 Dec 2025 Form 4 Insider Report for Liberty Media Corp (FWONA)

Reporting relationship: CAO/PFO
Issuer ticker: FWONA
Reported as of: 15 Dec 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Dec 2025, 18:40:35 UTC
Prior SEC filing: 12 Dec 2025
Next SEC filing: 23 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling

Key filing fact

Brian J. Wendling filed Form 4 for Liberty Media Corp (FWONA) on 17 Dec 2025.

Key facts

This page summarizes Brian J. Wendling's Form 4 filing for Liberty Media Corp (FWONA).
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Dec 2025, 18:40.

Change

Previous filing in this sequence was filed on 12 Dec 2025.
Current net transaction value: $0.

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

Reporting Owners (1)

CIK 0001663090 Primary reporting owner

Wendling Brian J

Relationship: CAO/PFO
Address: 12300 LIBERTY BOULEVARD, ENGLEWOOD
Signature: /s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling
Signature date: 17 Dec 2025

Reported non-derivative transactions

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

FWONK transaction

Series C Liberty Live Common Stock

Other

Transaction value: $0
Shares: -17,266
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Dec 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FWONK transaction Derivative

Restricted Stock Units - LLYVK

Other

Transaction value: $0
Shares: -1,133
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Series C Liberty Live Common Stock
Underlying amount: 1,133
Exercise price
Footnotes: F2, F3, F4

FWONK transaction Derivative

Restricted Stock Units - LLYVK

Other

Transaction value: $0
Shares: -3,046
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Series C Liberty Live Common Stock
Underlying amount: 3,046
Exercise price
Footnotes: F2, F3

FWONK transaction Derivative

Stock Option (Right to Buy) - LLYVK

Other

Transaction value: $0
Shares: -8,422
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Series C Liberty Live Common Stock
Underlying amount: 8,422
Exercise price: $33.97
Footnotes: F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On December 15, 2025, Liberty Media Corporation (the "Issuer") redeemed (the "Redemption") each share of its Series A Liberty Live common stock, Series B Liberty Live common stock and Series C Liberty Live common stock for one share of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings, Inc. ("Liberty Live Holdings").

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Live common stock.

Footnote F3

In connection with the Redemption, all restricted stock units held by the reporting person with respect to the Issuer's Liberty Live common stock (each, a "Live RSU") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live RSUs were granted, such that each Live RSU was exchanged for a restricted stock unit with respect to an equivalent number of shares of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings.

Footnote F4

This restricted stock unit award will vest on December 9, 2026.

Footnote F5

In connection with the Redemption, all option awards held by the reporting person with respect to the Issuer's Liberty Live common stock (each, a "Live Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live Awards were granted, such that each Live Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings.

Footnote F6

This option award vests in three substantially equal installments on December 8, 2024, 2025, and 2026.

SEC remarks

The transactions and adjustments described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.