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

Years ended December 31,

 

2025

2024

2023

 

Options

Weighted

Options

Weighted

Options

Weighted

 

granted

average

granted

average

granted

average

 

(000's)

GDFV

(000's)

GDFV

(000's)

GDFV

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

16

$

28.59

20

$

35.63

246

$

25.78

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

356

$

30.22

$

$

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

146

$

37.09

83

$

29.77

71

$

30.70

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

400

$

26.36

$

$

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

NA

NA

NA

NA

3

$

14.24

(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

2025 grants

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

Series C

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Weighted

  ​ ​ ​

Aggregate

average

intrinsic

Liberty

remaining

value

 Options (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2025

 

4,138

$

39.53

Granted

 

518

$

93.04

Exercised

 

(1,122)

$

37.50

Forfeited/Cancelled

 

$

Outstanding at December 31, 2025

 

3,534

$

48.02

 

2.5

years

$

178

Exercisable at December 31, 2025

 

2,935

$

39.63

 

1.7

years

$

173