Company: LBRDK
Filing Date: 2025-06-17
Form Type: 11-K
Source: 0001611983-25-000024
Chunk: 9

Company: Liberty Broadband Corp
Filing Date: 2025-06-17
Form: 11-K
Chunk 9
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9

GCI 401(k) Plan Notes to Financial Statements December 31, 2024 and 2023

based on observable market information and yields available on comparable securities of issuers with similar credit ratings and may include benchmarking, sector grouping and matrix pricing and are classified as Level 2. Investments Measured at Fair Value Investments measured at fair value consisted of the following types of instruments as of December 31, 2024 and 2023 (amounts in thousands):

| ​                                             
 ​                                             
 December 31, 2024                             | ​ 
 ​ | ​           
 ​           
 Level 1 (1) |       ​ 
       ​ | ​ 
 ​ 
 ​ |           ​ 
           ​ 
 Level 2 (2) | ​ 
 ​ 
 ​ |          ​ 
 Total fair 
      value | ​ 
 ​ |
|:----------------------------------------------|:--|:------------|--------:|:--|------------:|:--|-----------:|:--|
| Mutual funds                                  | ​ | $           | 373,452 | ​ |           — | ​ |    373,452 | ​ |
| Common and preferred stocks                   | ​ | ​           |  30,543 | ​ |           — | ​ |     30,543 | ​ |
| Self-directed brokerage accounts              | ​ | ​           |  31,512 | ​ |         729 | ​ |     32,241 | ​ |
| Total investments in the fair value hierarchy | ​ | ​           | 435,507 | ​ |         729 | ​ |    436,236 | ​ |
| Collective trust valued at NAV (3)            | ​ | ​           |       — | ​ |           — | ​ |          — | ​ |
| Total investments at fair value               | ​ | $           | 435,507 | ​ |         729 | ​ |    436,236 | ​ |
| December 31, 2023                             | ​ | ​           |         | ​ |           ​ | ​ |          ​ | ​ |
| Mutual funds                                  | ​ | $           | 324,200 | ​ |           — | ​ |    324,200 | ​ |
| Common and preferred stocks                   | ​ | ​           |  32,977 | ​ |           — | ​ |     32,977 | ​ |
| Self-directed brokerage accounts              | ​ | ​           |  22,011