Liberty Media modifies CEO Derek Chang's equity grants; board re-elected at annual meeting

Liberty Media Corp

CEO Derek Chang's 2025 equity grants modified to allocate between FWONK and LLYVK tracking stocks like other management.
Upfront signing award: 44,521 FWONK RSUs and 15,513 LLYVK RSUs; upfront RSU award: 133,562 FWONK and 46,538 LLYVK RSUs; also 68,388 FWONK options at $94.11 and 23,628 LLYVK options at $76.45.
Vesting dates moved to December 15, 2029; all other terms unchanged from January 2025 Offer of Employment.
Stockholders re-elected John C. Malone, Robert R. Bennett, and M. Ian G. Gilchrist as Class III directors.
Ratified KPMG LLP as independent auditors for fiscal year 2025 with 91.3 million votes in favor.

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