# EDGAR Filing Document

**Accession Number:** 0001560385
**File Stem:** 0001225208-25-010088
**Filing Date:** 2025-12
**Character Count:** 8689
**Document Hash:** 293ca677921514d8abb077340e4c411e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001225208-25-010088.hdr.sgml**: 20251217

**ACCESSION NUMBER**: 0001225208-25-010088

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251215

**FILED AS OF DATE**: 20251217

**DATE AS OF CHANGE**: 20251217

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DEEVY BRIAN
- **CENTRAL INDEX KEY:** 0001442360

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35707
- **FILM NUMBER:** 251580681

**MAIL ADDRESS:**
- **STREET 1:** C/O TICKETMASTER
- **STREET 2:** 8800 WEST SUNSET BLVD.
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Liberty Media Corp
- **CENTRAL INDEX KEY:** 0001560385
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEVISION BROADCASTING STATIONS [4833]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 371699499
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 12300 LIBERTY BOULEVARD
- **CITY:** ENGLEWOOD
- **STATE:** CO
- **ZIP:** 80112
- **BUSINESS PHONE:** 720-875-5400

**MAIL ADDRESS:**
- **STREET 1:** 12300 LIBERTY BOULEVARD
- **CITY:** ENGLEWOOD
- **STATE:** CO
- **ZIP:** 80112

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Liberty Spinco, Inc.
- **DATE OF NAME CHANGE:** 20121015

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DEEVY BRIAN<br><sub>(Last) (First) (Middle)</sub><br>12300 LIBERTY BOULEVARD<br><sub>(Street)</sub><br>ENGLEWOOD, CO 80112<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-15 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Liberty Media Corp [ FWONK ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Series A Liberty Live Common Stock | 2025-12-15 |  | J<sup>(1)</sup> |  | 2607 | D | 0<sup>(1)</sup> | 0 | D |  |
| Series C Liberty Live Common Stock | 2025-12-15 |  | J<sup>(1)</sup> |  | 6517 | D | 0<sup>(1)</sup> | 0 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (Right to Buy) - LLYVK | $28.8900 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 51 | 2022-12-06 | 2028-12-06 | Series C Liberty Live Common Stock | 51 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $53.4600 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 542 | 2022-12-06 | 2028-12-06 | Series C Liberty Live Common Stock | 542 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $72.9100 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 570 | 2025-12-06 | 2031-12-06 | Series C Liberty Live Common Stock | 570 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $27.9200 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 54 | 2023-12-08 | 2029-12-08 | Series C Liberty Live Common Stock | 54 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $44.8500 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 581 | 2023-12-08 | 2029-12-08 | Series C Liberty Live Common Stock | 581 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $33.9700 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 576 | 2024-12-08 | 2030-12-08 | Series C Liberty Live Common Stock | 576 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $20.8600 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 81 | 2020-12-09 | 2026-12-09 | Series C Liberty Live Common Stock | 81 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $50.8800 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 781 | 2020-12-09 | 2026-12-09 | Series C Liberty Live Common Stock | 781 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $20.0300 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 72 | 2021-12-10 | 2027-12-10 | Series C Liberty Live Common Stock | 72 | 0<sup>(2)</sup> | 0 | D |  |
| Stock Option (Right to Buy) - LLYVK | $45.3300 | 2025-12-15 |  | J<sup>(2)</sup> |  |  | 717 | 2021-12-10 | 2027-12-10 | Series C Liberty Live Common Stock | 717 | 0<sup>(2)</sup> | 0 | D |  |

---

### Footnotes:

(1) On December 15, 2025, Liberty Media Corporation (the "Issuer") redeemed (the "Redemption") each share of its Series A Liberty Live common stock, Series B Liberty Live common stock and Series C Liberty Live common stock for one share of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings, Inc. ("Liberty Live Holdings").

(2) In connection with the Redemption, all option awards held by the reporting person with respect to the Issuer's Liberty Live common stock (each, a "Live Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live Awards were granted, such that each Live Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings.

**Remarks:**
The transactions and adjustments described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

**Signature:** /s/ Brittany A. Uthoff as Attorney-in-Fact for Brian Deevy  
**Date:** 2025-12-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**