HANK GONZALEZ Carlos 4

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

AI-generated summary of this filing

Updated May 7, 2026

Grupo Televisa (TV) Director Hank Gonzalez Exercises Options, Sells CPOs

What Happened

Hank Gonzalez (Director) exercised in‑the‑money derivatives on May 4, 2026 to acquire 277,500 Certificados de Participación Ordinarios (CPOs) at a net cost of $0.09 per share, totaling $24,975. The filing also reports a trust sale of 44,500 CPOs in an open‑market transaction at an average price of $0.57 per share, generating $25,365. The exercise generated a corresponding disposition record for the 277,500 derivatives (reported at $0.00), consistent with cancellation upon exercise.
These actions appear to be a cashless-style transaction administered by a trust (see footnotes): the trust sold a portion of vested CPOs to cover the exercise price and deliver the remainder to the director.

Key Details

Transaction date: May 4, 2026; Filing date: May 6, 2026 (timely).
Exercise (code X): 277,500 CPOs acquired @ $0.09 = $24,975.
Sale (code S): 44,500 CPOs sold @ $0.57 = $25,365.
Derivative disposition: 277,500 reported disposed at $0.00 (reflects cancellation of the instrument on exercise).
Shares owned after transaction: Not specified in the Form 4.
Notable footnotes:
- F1: Each CPO represents multiple underlying share series of Grupo Televisa.
- F2: Amounts converted from Mexican pesos to USD (rate 17.5161 MXN/USD as of 4/30/2026).
- F3: Sale price is an average from trust sales on behalf of several similarly situated persons.
- F4: Trust administering the Stock Purchase Plan sold a portion of CPOs to pay the Ps.1.60 per CPO price at vesting.
Transaction codes: X = exercise of derivative, S = open‑market sale.

Context

For retail investors: this looks like a typical cashless exercise where vested CPOs were issued on exercise and a portion was sold by the trust to cover the exercise price (and possibly taxes/fees). Such transactions are common for equity compensation and do not alone indicate the director’s market view.
The derivative entry at $0.00 simply reflects the cancellation/transfer of the derivative instrument upon exercise.

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→ 886,400 total
Sale
CPOs
[F1][F2][F3][F4]
2026-05-04$0.57/sh−44,500$25,365→ 841,900 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/ Carlos Hank Gonzalez|2026-05-06

1 file