MALONE JOHN C 4

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).