Gregory John Heller - Mar 3, 2025 Form 4 Insider Report for Atlanta Braves Holdings, Inc. (BATRK)

Signature
/s/ Kerry T. Wenzel, Attorney-in-Fact
Stock symbol
BATRK
Transactions as of
Mar 3, 2025
Transactions value $
-$345,500
Form type
4
Date filed
3/5/2025, 04:01 PM
Previous filing
Dec 13, 2024
Next filing
May 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BATRK Series C Common Stock Options Exercise $680K +25K +168.06% $27.18 39.9K Mar 3, 2025 Direct
transaction BATRK Series C Common Stock Sale -$1.03M -25K -62.69% $41.00 14.9K Mar 3, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BATRK Stock option (Right to Buy) - BATRK Options Exercise $0 -25K -13.14% $0.00 165K Mar 3, 2025 Series C Common Stock 25K $27.18 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on September 9, 2024.