Liberty Latin America (LILA) Director Charles Bracken Receives 1,935 RSUs

What Happened

• Charles H. R. Bracken, a director of Liberty Latin America Ltd. (tickers LILA / LILAB / LILAK), was reported on Form 4 as acquiring 1,935 restricted share units (RSUs) on June 17, 2026. The transaction is recorded as an "other acquisition" (code J) of a derivative security at $0.00 cash consideration. These RSUs represent rights to receive Series A Preference Shares (ticker LILAP) per the filing.

Key Details

• Transaction date: 2026-06-17 (Form filed 2026-07-17).
• Reported amount: 1,935 RSUs; price reported $0.00 (derivative acquisition/adjustment).
• Security: Restricted Share Unit P (each RSU = right to one Series A Preference Share at settlement) — see footnote F1.
• Adjustment: RSUs were adjusted due to a special dividend (0.10 Series A Preference Shares per common share) declared May 21, 2026 (see footnote F2 and Remarks).
• Vesting/Status: Filing includes footnotes stating RSUs vest in three equal annual installments on March 15, 2027 (F3) and also notes the derivative security is fully vested (F4) — see filing for exact applicability.
• Shares owned after transaction: Not specified in the excerpt provided.
• Timeliness: The Form 4 was filed 30 days after the transaction date (filed 2026-07-17 for a 2026-06-17 transaction), which is later than the usual two-business-day reporting window for insiders.

Context

• This was not an open-market purchase but an adjustment/award tied to a corporate special dividend that issued Series A Preference Shares to holders of common stock. The filing notes the adjustments were made under the anti-dilution provisions of the company’s incentive plans and were approved under Rule 16b-3. Such derivative awards reflect corporate actions and plan mechanics rather than an independent cash investment decision by the insider.