DE ANGOITIA ALFONSO 4

4 · GRUPO TELEVISA, S.A.B. · Filed May 6, 2026

AI-generated summary of this filing

Updated May 6, 2026

Grupo Televisa CEO Alfonso de Angoitia Exercises Options, Sells Shares

What Happened

Alfonso de Angoitia, CEO of Grupo Televisa (TV), reported multiple transactions on May 4, 2026. He exercised in‑the‑money derivatives to acquire 277,500 CPOs (certificates) at an economic cost that converted to $0.09 per share (acquisition value $24,975), and separately sold 44,500 CPOs in an open‑market/plan transaction for an average $0.57 per share (proceeds $25,365). The filing also records a derivative disposition of 277,500 CPOs at $0.00, reflecting the trust’s handling of shares in connection with the stock purchase plan.

Key Details

Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (not shown as late).
Exercise (Acquired): 277,500 CPOs at $0.09 — total $24,975 (USD conversion per footnote).
Sale (Disposed): 44,500 CPOs at $0.57 — total $25,365 (average sale price per footnote).
Derivative disposition: 277,500 CPOs recorded as disposed at $0.00 (related to the exercise/plan mechanics).
Shares owned after transaction: not reported in the provided excerpt.
Notable footnotes:
- F1: Each CPO represents multiple underlying share series (conversion ratio detailed in filing).
- F2: US dollar amounts reflect conversion from Mexican pesos at Ps.17.5161/USD (Apr 30, 2026).
- F3–F4: Transactions involved the trust that administers the Stock Purchase Plan for Directors — the trust sold a portion of CPOs to cover the exercise price (Ps.1.60 per CPO) and delivered the remainder to the reporting person; sale prices listed are averages from those trust sales.
- F5: Not applicable.

Context

This appears to be a cashless or partially cashless exercise where the administering trust sold some CPOs to pay the exercise cost and taxes, with the net economic effect being a small acquisition ($25k) and a roughly equivalent sale ($25k) on the same date. Such transactions are common for option exercises and plan mechanics and do not, by themselves, indicate a change in the insider’s view of the company.

Form 4

Period: 2026-05-04

DirectorCo-Chief Executive Officer

Transactions

Exercise of In-Money
CPOs
[F1][F2]
2026-05-04$0.09/sh+277,500$24,975→ 38,858,009 total
Sale
CPOs
[F1][F2][F3][F4]
2026-05-04$0.57/sh−44,500$25,365→ 38,813,509 total
Exercise of In-Money
CPOs held in Stock Purchase Plan
[F1][F2][F5]
2026-05-04−277,500→ 0 total(indirect: Stock Purchase Plan)
Exercise: $0.09From: 2026-04-10→ CPOs (277,500 underlying)

Footnotes (5)

[F1]Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares, twenty-two Series "B" Shares, thirty-five Series "L" Shares and thirty-five Series "D" Shares of Grupo Televisa, S.A.B.
[F2]Reflects conversion from Mexican pesos into US dollars based on the currency conversion rate of 17.5161 Mexican Pesos per US dollar as of April 30, 2026.
[F3]Price is the average price of all sales described in footnote 4, which were effected by the trust on behalf of the reporting person together with several similarly situated persons, without distinction among them, in a series of sales concluding on the transaction date.
[F4]At the date of vesting, the trust that administers the Stock Purchase Plan for Directors, acting on behalf of the reporting person, will sell a portion of these CPOs to pay the price of Ps.1.60 per CPO and deliver the remainder of these CPOs to the reporting person.
[F5]Not applicable.

Signature

/s/ Alfonso De Angoitia Noriega|2026-05-06

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