VA Partners I, LLC and ValueAct Entities Reduce Stake in Liberty Live Holdings Below 5% Threshold

VA Partners I, LLC and associated ValueAct entities have filed Amendment No. 1 to their Schedule 13D for Liberty Live Holdings, Inc. (LLYVA), reporting a significant reduction in their position. As of June 15, 2026, the reporting persons ceased to be beneficial owners of more than 5% of the Issuer's Series A Liberty Live Group Common Stock. Specifically, VA Partners I, LLC now reports holding 1,195,247 shares, representing approximately 4.7% of the class. The filing details a series of open-market sales by ValueAct Master Fund and ValueAct Strategic Global occurring between May 6, 2026, and June 15, 2026. Notable transactions include the sale of 147,958 shares on June 11 and 139,775 shares on June 15 by the Master Fund. Collectively, the reporting group may be deemed to beneficially own 1,275,273 shares (4.99%) when including all affiliated funds. Additionally, the group maintains positions in Series C Liberty Live Group Common Stock. This filing serves as a notice of termination of their Schedule 13D filing obligation.