GOULD PAUL A 4

What Happened
Paul A. Gould, a director of Liberty Latin America Ltd. (LILA), entered an exchange on June 29, 2026 in which he disposed of 60,000 Class C common shares and simultaneously acquired 60,000 Class B common shares. Each leg of the transaction was recorded at $7.63 per share for a notional value of $457,800. This was an intra-company exchange (swap of share classes), not an open-market buy or sale.

Key Details

• Transaction date: 2026-06-29; Filing date: 2026-07-01 (timely Form 4 filing).
• Price: $7.63 per share; Notional value per leg: $457,800.
• Shares disposed: 60,000 Class C common shares.
• Shares acquired: 60,000 Class B common shares.
• Shares owned after transaction: Not disclosed in the provided filing excerpts.
• Notable footnotes:
  • F2: The exchange was done under an Exchange Agreement with the issuer’s President & CEO; the $7.63 price was the closing price of Class C shares that day.
  • F1: Class B shares are convertible into Class A shares at the holder’s election (1-for-1).
• Filing timeliness: Reported within the Form 4 reporting window (no late filing indicated).

Context
This was a swap of share classes between insiders rather than a market purchase or sale. Footnote details show the exchange was bilateral with the company’s President & CEO and executed at the closing Class C price. Class B shares acquired are convertible into Class A shares, which may affect future voting or liquidity, but the transaction itself does not necessarily reflect a market-directional trade. The issuer’s trading symbols include LILA (Class A), LILAB (Class B), LILAK (Class C), and LILAP (Series A Preferred).