secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Media Corp (FWONA)
CIK:        0001560385
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001560385-25-000013
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560385/000156038525000013/0001560385-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560385/000156038525000013/lmca-20250512x8k.htm
  HTML page:      https://secwatch.observer/filing/0001560385-25-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer