GARCIA NARANJO ALVAREZ Guillermo 4

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

AI-generated summary of this filing

Updated May 6, 2026

Grupo Televisa Director Guillermo Garcia Exercises Options, Sells Shares

What Happened

Guillermo Garcia Naranjo Alvarez, a director of Grupo Televisa, exercised in‑the‑money derivatives and completed a related sale on May 4, 2026. He acquired 277,500 CPOs at an effective cost of $0.09 each (total $24,975). On the same date, 44,500 CPOs were sold in the open market at an average price of $0.57 each for proceeds of $25,365. The filing also reports 277,500 CPOs marked as disposed in connection with the derivative exercise (no cash value shown), consistent with a trust-administered transaction to cover exercise price/tax obligations.

Key Details

Transaction date: May 4, 2026; Form 4 filed May 6, 2026 (timely filing).
Purchases: 277,500 CPOs acquired @ $0.09 = $24,975 (exercise of derivative).
Sales: 44,500 CPOs sold @ $0.57 = $25,365 (open market sale); 277,500 CPOs listed as disposed @ $0.00 in connection with the exercise.
Shares owned after transaction: not specified in the reported data.
Notable footnotes:
- F1: These are CPOs (Certificados de Participación Ordinarios); each CPO represents multiple underlying Mexican share classes.
- F2: USD amounts reflect conversion from Mexican pesos at Ps.17.5161/USD (Apr 30, 2026).
- F3–F4: The sale prices are average prices from sales effected by the trust administering the Stock Purchase Plan for Directors; the trust sold a portion of CPOs to pay the exercise price (cashless-style transaction) and delivered the remainder to the reporting person.
Filing timeliness: Filed within the normal Form 4 window (no late filing indicated).

Context

This appears to be a cashless/settlement-style option exercise where the trust sold a portion of the exercised CPOs to cover the exercise price and/or tax withholding, while the reporting person received the remainder. Such transactions are routine for option exercises and tax withholding and do not by themselves indicate the insider’s view of the company.

Form 4

Period: 2026-05-04

Director

Transactions

Exercise of In-Money
CPOs
[F1][F2]
2026-05-04$0.09/sh+277,500$24,975→ 882,775 total
Sale
CPOs
[F1][F2][F3][F4]
2026-05-04$0.57/sh−44,500$25,365→ 838,275 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/ Guillermo Garcia Naranjo Alvarez|2026-05-06

1 file