»¨¶¼Ó°ÊÓ

Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.25.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Schedule of options granted and weighted average grant date fair value

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³Û±ð²¹°ù²õÌý±ð²Ô»å±ð»åÌý¶Ù±ð³¦±ð³¾²ú±ð°ùÌý31,

Ìý

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2025

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2024

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2023

Ìý

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Options

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Weighted

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Options

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Weighted

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Options

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Weighted

Ìý

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granted

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average

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granted

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average

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granted

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average

Ìý

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(000's)

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GDFV

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(000's)

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GDFV

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(000's)

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GDFV

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SeriesÌýC »¨¶¼Ó°ÊÓ Formula One common stock, »¨¶¼Ó°ÊÓ employees and directors (1)

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16

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$

28.59

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20

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$

35.63

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246

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$

25.78

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SeriesÌýC »¨¶¼Ó°ÊÓ Formula One common stock, »¨¶¼Ó°ÊÓ CEO (2)

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356

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$

30.22

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—

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$

—

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—

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$

—

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SeriesÌýC »¨¶¼Ó°ÊÓ Formula One common stock, subsidiary employees (3)

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146

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$

37.09

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83

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$

29.77

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71

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$

30.70

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SeriesÌýB »¨¶¼Ó°ÊÓ Formula One common stock, New Chairman (4)

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400

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$

26.36

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—

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$

—

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—

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$

—

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SeriesÌýC »¨¶¼Ó°ÊÓ Braves common stock, »¨¶¼Ó°ÊÓ employees and directors (1)

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NA

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NA

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NA

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NA

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3

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$

14.24

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(1) Mainly vests between one and three years for employees and in one year for directors.
(2) Grants vest ratably between one and five years. Grants were made in connection with the CEO’s employment arrangement, as disclosed in note 11.
(3) Grant made in 2025 vests equally over five years. Grants made in 2024 and 2023 mainly vested in equal quarterly installments over one year.
(4) Grant vests equally over five years.
Schedule of share-based payment award, stock options, valuation assumptions

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2025 grants

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27.0

%

-

36.2

%

2024 grants

Ìý

36.2

%

-

37.3

%

2023 grants

Ìý

33.3

%

-

37.3

%

»¨¶¼Ó°ÊÓ Formula One Common Class C Ìý
Schedule of stock awards activity

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SeriesÌýC

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ÌýÌý​Ìý​Ìý​

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ÌýÌý​Ìý​Ìý​

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ÌýÌý​Ìý​Ìý​

Weighted

ÌýÌý​Ìý​Ìý​

Aggregate

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average

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intrinsic

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»¨¶¼Ó°ÊÓ

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remaining

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value

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ÌýOptionsÌý(000's)

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WAEP

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life

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(in millions)

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Outstanding at JanuaryÌý1, 2025

Ìý

4,138

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$

39.53

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Granted

Ìý

518

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$

93.04

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Exercised

Ìý

(1,122)

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$

37.50

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Forfeited/Cancelled

Ìý

—

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$

—

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Outstanding at December 31, 2025

Ìý

3,534

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$

48.02

Ìý

2.5

years

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$

178

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Exercisable at DecemberÌý31, 2025

Ìý

2,935

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$

39.63

Ìý

1.7

years

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$

173

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