Liberty Media Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of options granted and weighted average grant date fair value


	Nine Months Ended
	September 30, 2025
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty Formula One common stock, Liberty CEO (1)	68		$	37.09
Series C Liberty Formula One common stock, subsidiary employees (2)	146		$	37.09
Series C Liberty Live common stock, Liberty CEO (1)	24		$	30.40

(1)

Grants vest equally over five years. Grants were made in connection with the CEO’s employment arrangement.

(2)

Grants vest equally over five years.

Formula One Group

Schedule of outstanding options to purchase liberty common stock


	Series C
						Weighted			Aggregate
						average			intrinsic
	Liberty					remaining			value
	options (000's)		WAEP			life			(millions)
Outstanding at January 1, 2025	4,138		$	39.53
Granted	214		$	94.11
Exercised	(730)		$	39.18
Forfeited/Cancelled	—		$	—
Outstanding at September 30, 2025	3,622		$	42.83		2.1	years		$	223
Exercisable at September 30, 2025	3,221		$	38.08		1.6	years		$	214

Liberty Live Group

Schedule of outstanding options to purchase liberty common stock


	Series C
						Weighted			Aggregate
						average			intrinsic
	Liberty					remaining			value
	options (000's)		WAEP			life			(millions)
Outstanding at January 1, 2025	1,230		$	42.68
Granted	24		$	76.45
Exercised	(72)		$	41.48
Forfeited/Cancelled	—		$	—
Outstanding at September 30, 2025	1,182		$	43.42		2.4	years		$	63
Exercisable at September 30, 2025	1,102		$	43.05		2.2	years		$	59