Earnings Feed
Start Free
GRUPO TELEVISA, S.A.B.·4

Jun 5, 4:17 PM ET

DE ANGOITIA ALFONSO 4

Research Summary

AI-generated summary

Updated

Grupo Televisa CEO Alfonso De Angoitia Receives Mandatory Convertibles

What Happened

  • Alfonso De Angoitia, CEO of Grupo Televisa (TV), acquired mandatory convertible debentures (reported as derivative acquisitions). The filing shows a total subscription price of $30,518,001 (USD equivalent) on 2026-06-03 and derivative entries on 2026-06-05 representing about 24,909,340 underlying Series "A" shares. The derivative entries are listed at $0.00 (reflecting that these are convertibles, not a cash purchase of shares at the time of reporting).

Key Details

  • Transaction dates: subscription reported 2026-06-03 (cash equivalent $30,518,001), derivative entries dated 2026-06-05.
  • Underlying shares shown: 268,470; 12,066,300; and 12,574,570 Series "A" shares — total ~24,909,340 shares (all reported as derivative acquisitions at $0.00).
  • Conversion and economics: These are zero-coupon mandatory convertible debentures (do not accrue interest) that will be mandatorily converted into Series "A" shares one year after issuance (per footnotes).
  • Currency conversion: US$ amounts reflect conversion from Mexican pesos at 17.3498 MXN/USD (rate as of May 29, 2026).
  • Shares owned after transaction: not specified in the provided filing details.
  • Filing timeliness: Form 4 was filed 2026-06-05 reporting a 2026-06-03 subscription — appears to be timely (Form 4 is generally due within two business days).
  • Notable footnotes: F1 (zero-coupon convertibles), F2/F3 (MXN→USD conversion and US$ equivalent), F4/F6 (subscription pricing based on CPO VWAP and CPO share composition), F5 (conversion occurs one year after issuance), F7 not applicable.

Context

  • These are derivative securities (mandatory convertibles), not an immediate open-market purchase of shares — the debentures will convert into Series "A" shares in one year, so the shares are not yet outstanding or tradable to him as common stock today.
  • Such a subscription is a form of acquiring future equity exposure; it is not an immediate sale or purchase of existing stock on the market and therefore may have different implications than a straight buy or sell.