---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-067806"
form_type: "8-K"
ticker: "LBRDA"
cik: "0001611983"
company_name: "Liberty Broadband Corp"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:29:28.523427+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Liberty Broadband completes GCI Liberty spin-off; appoints new CEO; provides pro forma financials

## Summary
- Spin-off effective July 14, 2025; distribution of 0.20 GCI Liberty share per Liberty Broadband share.
- GCI Liberty begins trading July 15 on Nasdaq under symbols GLIBA and GLIBK.
- Martin E. Patterson appointed President and CEO; John C. Malone remains Chairman.
- Pro forma post-spin-off: Q1 2025 net earnings $234M ($1.64/share); FY2024 $796M ($5.57/share).
- Spin-off paves way for Charter Communications merger, expected to close with Charter-Cox combination.

## SEC filing metadata
- accession: 0001104659-25-067806
- form_type: 8-K
- ticker: LBRDA
- cik: 0001611983
- company_name: Liberty Broadband Corp
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611983/000110465925067806/0001104659-25-067806-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611983/000110465925067806/tm2520147d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-067806
- JSON: https://secwatch.observer/filing/0001104659-25-067806.json
- Plain text: https://secwatch.observer/filing/0001104659-25-067806.txt

## Key facts
- Governance Changes
  Liberty Broadband Corp: Removed requirement that Chief Executive Officer and President be a member of the Board (effective 2025-07-14).
  - Change: bylaw amendment
  - Effective: 2025-07-14
  source text: On July 10, 2025, the Board approved an amendment to Liberty Broadband’s bylaws (the “ Bylaws Amendment ”), which became effective at 4:00 p.m., New York City time on July 14, 2025. The Bylaws Amendment, among other things, removed the requirement that the Chief Executive Officer and President of Liberty Broadband be a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611983/000110465925067806/0001104659-25-067806-index.htm
- M&A Transactions
  Liberty Broadband Corp completed a disposition involving GCI Liberty, Inc. (closed 2025-07-14).
  - Action: disposition
  - Counterparty: GCI Liberty, Inc.
  - Closing: 2025-07-14
  source text: On July 14, 2025 at 4:30 p.m., New York City time (the “ Effective Time ”), Liberty Broadband Corporation (“ Liberty Broadband ”) completed its previously announced spin-off (the “ Spin-Off ”) of its former wholly-owned subsidiary GCI Liberty, Inc. (“ GCI Liberty ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611983/000110465925067806/0001104659-25-067806-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.