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

Company: Liberty Broadband Corp
Filing Date: 2025-06-17
Form: 11-K
Chunk 11
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 than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or asset or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

10

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

(8) Non-exempt Transactions The Company failed to timely remit to the Plan withheld employee contributions and participant loan repayments in the aggregate amount of $846 and $323 in 2023 and 2022, respectively, in accordance with the plan asset provisions of the Department of Labor (“DOL”) Regulation 2510.3-102, resulting in prohibited, or nonexempt, transactions. The accompanying Schedule of Delinquent Participant Contributions discloses these transactions in accordance with the DOL’s Rules and Regulations for Reporting and Disclosure under ERISA. The Company has remitted lost earnings to the impacted participants as of December 31, 2024. (9) Related Party and Party-In-Interest Transactions Certain Plan investments are shares of mutual funds managed by Fidelity. Through the investment options in Company stock and the self-directed accounts, some participants may have holdings of certain related party securities. The Plan holds investments in the common and preferred stock of Liberty Broadband. The following tables summarize transactions in these stocks:

| ​                                       
 ​                                       
 ​                                       
 ​                                       | ​                      
 2024 Stock Activity    
 Beginning Balance      
 (amounts in thousands) |      ​ | ​ 
 ​ |               ​ 
 Stock Dividends | ​ 
 ​ |             ​ 
 Contributions | ​ 
 ​ |               ​ 
 Earnings (Loss) | ​ 
 ​ |             ​ 
 Net Exchanges | ​ 
 ​ |             ​ 
 Disbursements | ​ 
 ​ |              ​ 
 Ending Balance |
|:----------------------------------------|:-----------------------|-------:|:--|----------------:|:--|--------------:|:--|----------------:|:--|--------------:|:--|--------------:|:--|---------------:|
| Liberty Broadband Series C common stock | $                      | 29,305 | ​ |               — | ​ |         1,744 | ​ |          -1,749 |