MALONE JOHN C 4
Research Summary
AI-generated summary
Liberty Latin America (LILA) Director Emeritus John C. Malone Buys 399,699 Shares
What Happened John C. Malone, Director Emeritus of Liberty Latin America (ticker: LILA), made open-market purchases of a total 399,699 common shares of the company on June 25–26, 2026, for an aggregate cost of about $3.39 million. The filings list three transactions: 336,706 shares at a weighted-average price of $6.96 ($2,343,979), 45,300 shares at a weighted-average price of $20.45 ($926,326), and 17,693 shares at a weighted-average price of $7.00 ($123,819). These are purchases (buys), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction dates: June 25, 2026 (two purchases) and June 26, 2026 (one purchase). Filing date: June 29, 2026.
- Individual transactions:
- 336,706 shares @ $6.96 (weighted avg) — $2,343,979 (F1)
- 45,300 shares @ $20.45 (weighted avg) — $926,326 (F2)
- 17,693 shares @ $7.00 (weighted avg) — $123,819 (F4)
- Total purchased: 399,699 shares for ≈ $3,394,124.
- Ownership after transaction: not specified in the reported Form 4.
- Notable footnotes:
- F1/F2/F4: Prices shown are weighted averages from purchases at multiple prices; the filer can provide the per-price breakdown on request.
- F3: Some shares are held by a charitable remainder unitrust for which Malone is co-trustee and retains a unitrust interest.
- F5: The Reporting Person disclaims beneficial ownership of certain securities referenced in the report.
- Filing timeliness: Filed 6/29/2026 for trades on 6/25–6/26 — appears to be a timely Form 4 filing.
Context
- These were straightforward open-market purchases (transaction code P). No options were exercised, no awards granted, and no gifts or tax-withholding transfers were reported here.
- Purchases held via trusts or where beneficial ownership is disclaimed (per F3 and F5) may reflect estate/planning arrangements rather than direct personal trading decisions; the filing is factual and does not state Malone’s motivations.
- Symbols for the issuer’s equity classes noted in the filing include LILA, LILAB, LILAK (common shares) and LILAP (Series A preference).