Company: LBRDK
Filing Date: 2025-06-17
Form Type: 11-K
Source: 0001611983-25-000024
Chunk: 10

Company: Liberty Broadband Corp
Filing Date: 2025-06-17
Form: 11-K
Chunk 10
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 | ​ |       1,307 | ​ |     23,318 | ​ |
| Total investments in the fair value hierarchy | ​ | ​           | 379,188 | ​ |       1,307 | ​ |    380,495 | ​ |
| Collective trust valued at NAV (3)            | ​ | ​           |       — | ​ |           — | ​ |     15,353 | ​ |
| Total investments at fair value               | ​ | $           | 379,188 | ​ |       1,307 | ​ |    395,848 | ​ |

| (1) | Quoted prices in active markets for identical assets or liabilities. |

| (2) | Significant other observable inputs |

| (3) | Investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statements of Net Assets Available for Benefits. |

Investments Measured Using the Net Asset Value per Share Practical Expedient The following table summarizes investments for which fair value is measured using the net asset value per share practical expedient as of December 31, 2023 (amounts in thousands). There are no redemption restrictions for this investment; the redemption notice period is applicable only to the Plan.

| ​                 
 December 31, 2023 | ​ 
 ​ |          ​ 
 Fair Value | ​ 
 ​ | ​                    
 Unfunded Commitments | ​ 
 ​ | ​                    
 Redemption Frequency | ​ 
 ​ | ​                        
 Redemption Notice Period |
|:------------------|:--|-----------:|:--|:---------------------|:--|:---------------------|:--|:-------------------------|
| Collective trust  | $ |     15,353 | ​ | n/a                  | ​ | Daily                | ​ | 12 months                |

(7) Income Taxes The Plan is qualified under Section 401(a) of the Code pursuant to a favorable opinion letter dated June 30, 2020, issued by the IRS on the form of the Volume Submitter Plan document. The Plan Administrator believes the Plan is currently designed and is operated in compliance with the applicable requirements of the Code. GAAP requires plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely