MALONE JOHN C 4
4 · Liberty Latin America Ltd. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Liberty Latin America (LILA) Director Emeritus John Malone Buys Stock
What Happened
- John C. Malone, Director Emeritus of Liberty Latin America Ltd. (LILA), acquired common shares in open-market/private purchases and also received Preferred Shares as a special dividend.
- Purchases: Malone bought a total of 2,657,931 common shares across trades dated June 22–24, 2026, for an aggregate cash outlay of about $27.93 million (individual trades ranged from ~$4.96 to ~$20.72 per share; weighted-average prices are reported in the filing footnotes).
- Dividend receipt: On June 16, 2026 Malone directly received 2,689,392 newly issued 9.0% Series A Preferred Shares (sum of 2,305,677 + 277,872 + 105,843 reported) issued as a special dividend. The Preferred Shares have an initial liquidation price of $25.00 per share (see filing footnote).
Key Details
- Transaction dates: June 16 (preferred dividend), June 22–24, 2026 (open-market purchases).
- Purchase breakdown highlights (selected): 260,299 @ $19.89 ($5.18M); 1,095,072 @ $4.98 ($5.45M); 477,627 @ $20.36 (~$9.73M); other trades and weighted-average price ranges appear in footnotes.
- Total common shares purchased: 2,657,931 for ≈ $27.93M; total Preferred Shares received via dividend: ≈ 2,689,392 (initial liquidation price $25 each).
- Shares owned after these transactions: not specified in the provided excerpt of the filing — see the full Form 4 for post-transaction beneficial ownership totals.
- Notable footnotes: the filing discloses the special dividend (0.10 Series A Preferred per common share) and multiple weighted-average price disclosures covering price ranges for grouped purchases; some Preferred shares are held by a charitable remainder unitrust and the filer disclaims beneficial ownership for certain accounts (see footnotes F1–F12).
- Filing date and timeliness: Form 4 was filed June 24, 2026; transactions occurred June 16–24, 2026. No late-filing flag was indicated in the provided excerpt.
Context
- These are net purchases (cash buys) and a dividend issuance — purchases can be of interest to investors as a direct capital deployment by an insider, while dividend-issued preferred shares reflect a corporate distribution rather than a market view by the insider.
- Some reported holdings are held in or through trusts (charitable remainder unitrust) or the reporting person disclaims beneficial ownership for particular accounts; that affects how much Malone may be considered the beneficial owner for Section 16 purposes.
- Footnotes note that the reported prices for grouped trades are weighted averages across price ranges; the filer offers to provide per-price breakdowns on request (SEC staff, issuer, or security holders).
Insider Transaction Report
Form 4
MALONE JOHN C
Other
Transactions
- Other
Series A Preference Shares
[F1]2026-06-16+2,305,677→ 2,305,677 total - Other
Series A Preference Shares
[F2]2026-06-16+277,872→ 277,872 total(indirect: By Trust) - Other
Series A Preference Shares
[F3]2026-06-16+105,843→ 105,843 total(indirect: By Trust) - Purchase
Series A Preference Shares
[F4][F5]2026-06-22$19.89/sh+260,299$5,177,920→ 538,171 total(indirect: By Trust) - Purchase
Class A Common Shares
[F6]2026-06-22$4.98/sh+1,095,072$5,452,144→ 2,971,414 total - Purchase
Class C Common Shares
[F7]2026-06-22$4.96/sh+224,109$1,112,343→ 21,397,127 total - Purchase
Series A Preference Shares
[F8][F5]2026-06-23$20.36/sh+477,627$9,725,584→ 1,015,798 total(indirect: By Trust) - Purchase
Series A Preference Shares
[F9][F5]2026-06-23$20.63/sh+1,474$30,404→ 1,017,272 total(indirect: By Trust) - Purchase
Class A Common Shares
[F10]2026-06-23$5.92/sh+400,000$2,368,080→ 3,371,414 total - Purchase
Series A Preference Shares
[F11][F5]2026-06-24$20.39/sh+199,350$4,065,584→ 1,216,622 total(indirect: By Trust)
Holdings
- 49,729(indirect: By Trust)
Class A Common Shares
[F12] - 2,011,791(indirect: By Trust)
Class C Common Shares
[F5] - 266,574(indirect: By Trust)
Class C Common Shares
[F12]
Footnotes (12)
- [F1]On May 21, 2026, the Issuer announced that an authorized committee of the Issuer's board of directors declared a special dividend on each of its outstanding common shares payable on June 16, 2026 to all holders of record as of 5:00 p.m., New York City time, on June 1, 2026 consisting of a special dividend of 0.10 shares of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares (the "Preferred Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). As a result of the Dividend, the reporting person directly received 2,305,677 Preferred Shares.
- [F10]The price reflects a weighted average of purchases made at prices ranging from $5.5550 to $6.0450 The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
- [F11]The price reflects a weighted average of purchases made at prices ranging from $19.8750 to $20.4500. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
- [F12]The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.
- [F2]Held by a charitable remainder unitrust of which the Reporting Person is co-trustee and, with his spouse, retains a unitrust interest in the trust. As a result of the Dividend, the reporting person directly received 277,872 Preferred Shares in his account.
- [F3]The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose. As a result of the Dividend, the reporting person directly received 105,843 Preferred Shares in his account.
- [F4]The price reflects a weighted average of purchases made at prices ranging from $19.4800 to $20.2100. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
- [F5]Held by a charitable remainder unitrust of which the Reporting Person is co-trustee and, with his spouse, retains a unitrust interest in the trust.
- [F6]The price reflects a weighted average of purchases made at prices ranging from $4.9350 to $4.9900. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
- [F7]The price reflects a weighted average of purchases made at prices ranging from $4.8850 to $4.9900. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
- [F8]The price reflects a weighted average of purchases made at prices ranging from $19.5475 to $20.5265. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
- [F9]The price reflects a weighted average of purchases made at prices ranging from $20.5600 to $20.7200. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
Signature
/s/ John M. Winter, Attorney-in-Fact|2026-06-24