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

Stock-Based Compensation (Tables)

v3.26.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Grants of Awards
The following table presents the number of QVCGA stock-settled RSUs and weighted average GDFV of Awards granted by the Company during the years ended December 31, 2025, 2024 and 2023:
For the Years ended December 31,
2025 2024 2023
Awards Granted (000's) Weighted Average GDFV Awards Granted (000's) Weighted Average GDFV Awards Granted (000's) Weighted Average GDFV
QVCGA stock-settled RSUs, DSUs (1) 324  $ 14.00  75  $ 61.47  121  $ 57.94 
QVCGB stock-settled RSUs —  $ —  $ 250.50  $ 275.50 

(1)All of the QVCGA stock-settled RSUs granted during 2025 were modified and canceled during the twelve months ended December 31, 2025. See discussion below.
Schedule of Outstanding Awards
The following table presents the number and weighted average exercise price ("WAEP") of options to purchase QVC Group common stock granted to certain officers, employees and directors of the Company, as well as the weighted average remaining life and aggregate intrinsic value of the options.
QVC Group
Series A Series B
Options
(000's)
WAEP Weighted
average
remaining
life
Aggregate
intrinsic
value
(in millions)
Options
(000's)
WAEP Weighted
average
remaining
life
Aggregate
intrinsic
value
(in millions)
Options outstanding at January 1, 2025 384 $ 354.42  8 $ 647.50 
Forfeited/Cancelled (1) (99) $ 557.44  (7) $ 674.50 
Options outstanding and exercisable at December 31, 2025 285 $ 283.66  1.3 years $ —  1 $ 438.00  0.2 years $ — 
(1)There were no options exercised during the years ended 2025 and 2024.
Schedule of Number and Weighted Average
The following table presents the number and weighted average GDFV of QVC Group stock-settled RSUs and DSUs granted to certain officers, employees and directors of the Company.
Series A
(000's)
Weighted
Average
GDFV
Series B
(000's)
Weighted
Average
GDFV
RSUs outstanding at January 1, 2025 175 $ 116.85  6 $ 250.50 
Granted 324 $ 14.00  $ — 
Vested (142) $ 139.65  (6) $ 250.50 
Forfeited/Cancelled (343) $ 17.14  $ — 
RSUs outstanding at December 31, 2025 14 $ 64.15  $ — 
Schedule of RSUs and PSUs Granted
The following table presents the number of QVC Group cash-settled RSUs and PSUs granted to certain officers and employees of the Company.
QVCGA RSUs (000's) QVCGA PSUs (000's) Total QVCGA RSUs & PSUs (000's)
RSUs outstanding at January 1, 2025 388 717 1,105
Granted 2,557 —  2,557
Vested (130) (19) (149)
Forfeited/Cancelled (2,603) (432) (3,035)
RSUs outstanding at December 31, 2025 212 266 478