Dimovic Justine 4

What Happened

• Justine Dimovic, a director of Millicom International Cellular SA (TIGO), received an award of 1,420 shares (reported as an acquisition) on May 20, 2026. The filing also shows 284 shares were disposed at $73.92 per share, totaling $20,993.
• The 284-share disposition was due to tax withholding connected to the share award (see footnote). The award was reported with a $0.00 acquisition price (typical for restricted stock/RSU grants where no cash was paid).

Key Details

• Transaction date: 2026-05-20.
• Award (A): 1,420 shares reported as acquired at $0.00.
• Sale/withholding (S / F): 284 shares reported disposed at $73.92 each, total $20,993. Footnote F1: issuer withheld 284 shares solely to satisfy tax obligations; the $73.92 price is the issuer's value used for withholding.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing date: 2026-07-06 for a 2026-05-20 transaction — the Form 4 was filed late (more than 45 days after the transaction).

Context

• The pattern here (an award with shares withheld/sold to cover taxes) is a common administrative action when restricted stock or RSUs vest: the company withholds/sells a portion to cover withholding taxes rather than the insider selling shares independently. This differs from an intentional open-market sale intended to raise cash or signal sentiment.