GOLDMAN SACHS & CO. LLC 4

4 · QVC Group, Inc. · Filed Apr 22, 2026

AI-generated summary of this filing

Updated Apr 23, 2026

QVC Group (QVCGP) 10% Owner Goldman Sachs Buys & Sells Shares

What Happened

The filing shows The Goldman Sachs Group, Inc. (a >10% holder) and affiliate Goldman Sachs & Co. executed market transactions in QVC Group (Series A Common Stock) on April 20, 2026. They purchased 10,006 shares in several small buys (1, 10,000, 1, and 4 shares) at prices between $0.51 and $0.55, totaling about $5,504. They also sold 9,964 shares in two disposals (3,637 and 6,327 shares) at $0.51, totaling about $5,082. Net result: a net purchase of 42 shares and a net cash outflow of roughly $422.
These were reported by the GS entities acting as market makers (footnote indicates trades effected in the ordinary course of market-making).

Key Details

Transaction date: April 20, 2026; Filing date: April 22, 2026 (timely within the Form 4 window).
Purchase details: 1 @ $0.51, 10,000 @ $0.55, 1 @ $0.53, 4 @ $0.52 — total ≈10,006 shares / ~$5,504.
Sale details: 3,637 @ $0.51 and 6,327 @ $0.51 — total 9,964 shares / ~$5,082.
Shares owned after transaction: not specified in the reported lines; filing footnote states beneficial ownership exceeded 10% as of April 17, 2026.
Notable footnotes: trades were effected by Goldman Sachs as a market maker (F2); the Reporting Persons disclaim beneficial ownership except for pecuniary interest (F1, F4); any short-swing (Section 16(b)) profits, if applicable, will be remitted to the issuer (F3).

Context

These are institutional/market‑making transactions by a 10% owner and an affiliate, not necessarily indicative of executive sentiment. Market‑maker activity often reflects trading inventory/flow rather than directional investment decisions.
The filing is informational and notes potential remediation of any Section 16(b) profits — an extra disclosure not typical for routine insider trades.

Form 4

Period: 2026-04-20

10% Owner

Transactions

Purchase
Series A Common Stock
[F1][F2][F3][F4]
2026-04-20$0.51/sh+1$1→ 10,273 total(indirect: See Footnotes)
Purchase
Series A Common Stock
[F1][F2][F3][F4]
2026-04-20$0.55/sh+10,000$5,500→ 20,273 total(indirect: See Footnotes)
Purchase
Series A Common Stock
[F1][F2][F3][F4]
2026-04-20$0.53/sh+1$1→ 20,274 total(indirect: See Footnotes)
Purchase
Series A Common Stock
[F1][F2][F3][F4]
2026-04-20$0.52/sh+4$2→ 20,278 total(indirect: See Footnotes)
Sale
Series A Common Stock
[F1][F2][F3][F4]
2026-04-20$0.51/sh−3,637$1,855→ 16,641 total(indirect: See Footnotes)
Sale
Series A Common Stock
[F1][F2][F3][F4]
2026-04-20$0.51/sh−6,327$3,227→ 10,314 total(indirect: See Footnotes)

Footnotes (4)

[F1]This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. On April 17, 2026, the Reporting Persons experienced an increase in their beneficial ownership of QVC Group, Inc. (the "Issuer") to above 10% of the outstanding Series A Common Stock ("Common Stock").
[F2]These transactions in the Common Stock of the Issuer were effected by Goldman Sachs acting as a market maker in the ordinary course of business.
[F3]Without conceding market making trades in the ordinary course of business can result in liability under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer, if applicable.
[F4]The Common Stock of the Issuer reported herein as indirectly owned was beneficially owned directly by Goldman Sachs and indirectly by GS Group.

Signature

/s/ Crystal Orgill, Attorney-in-fact|2026-04-22

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