Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.25.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Schedule of options granted and weighted average grant date fair value

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Years ended December 31,

 

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2025

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2024

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2023

 

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Options

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Weighted

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Options

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Weighted

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Options

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Weighted

 

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granted

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average

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granted

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average

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granted

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average

 

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(000's)

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GDFV

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(000's)

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GDFV

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(000's)

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GDFV

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Series C Liberty Formula One common stock, Liberty employees and directors (1)

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16

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$

28.59

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20

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$

35.63

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246

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$

25.78

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Series C Liberty Formula One common stock, Liberty CEO (2)

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356

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$

30.22

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—

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$

—

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—

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$

—

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Series C Liberty Formula One common stock, subsidiary employees (3)

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146

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$

37.09

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83

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$

29.77

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71

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$

30.70

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Series B Liberty Formula One common stock, New Chairman (4)

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400

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$

26.36

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—

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$

—

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—

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$

—

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Series C Liberty Braves common stock, Liberty employees and directors (1)

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NA

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NA

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NA

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NA

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3

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$

14.24

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(1) Mainly vests between one and three years for employees and in one year for directors.
(2) Grants vest ratably between one and five years. Grants were made in connection with the CEO’s employment arrangement, as disclosed in note 11.
(3) Grant made in 2025 vests equally over five years. Grants made in 2024 and 2023 mainly vested in equal quarterly installments over one year.
(4) Grant vests equally over five years.
Schedule of share-based payment award, stock options, valuation assumptions

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2025 grants

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27.0

%

-

36.2

%

2024 grants

 

36.2

%

-

37.3

%

2023 grants

 

33.3

%

-

37.3

%

Liberty Formula One Common Class C  
Schedule of stock awards activity

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Series C

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Weighted

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Aggregate

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average

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intrinsic

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Liberty

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remaining

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value

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 Options (000's)

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WAEP

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life

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(in millions)

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Outstanding at January 1, 2025

 

4,138

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$

39.53

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Granted

 

518

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$

93.04

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Exercised

 

(1,122)

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$

37.50

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Forfeited/Cancelled

 

—

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$

—

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Outstanding at December 31, 2025

 

3,534

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$

48.02

 

2.5

years

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$

178

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Exercisable at December 31, 2025

 

2,935

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$

39.63

 

1.7

years

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$

173

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