Zaslav David 4
Research Summary
AI-generated summary
Grupo Televisa Director David Zaslav Receives 53,694-Share Award
What Happened
- David Zaslav, a director of Grupo Televisa, S.A.B. (TV), was granted 53,694 derivative shares on 2026-06-08. The award is reported on Form 4 as an acquisition (transaction code A) at $0.00 per share (total reported value $0.00). The filing lists the securities as derivative instruments rather than open-market common-share purchases.
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (timely — within the typical two-business-day reporting window).
- Reported amount: 53,694 shares acquired; reported price: $0.00; total reported value: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Notes from the filing:
- F1 explains that a Global Depositary Share (GDS) corresponds to a financial interest in and limited voting rights with respect to five CPOs, each representing multiple series of underlying Grupo Televisa shares (A, B, L, D).
- F2 notes a MXN→USD conversion rate used for reporting (17.3498 MXN per USD as of 2026-05-29), though it does not affect this $0 grant.
- The Form 4 reports the award as a derivative grant but does not specify whether the award is RSUs, performance-based awards, or another instrument.
Context
- This transaction is an award/grant (not a purchase or sale). Awards are common for board compensation or long-term incentive programs and do not by themselves indicate buy/sell intent. Because the securities are reported as derivative instruments tied to GDS/CPO structures, each reported unit may represent interests in multiple underlying Mexican share classes per footnote F1.