Bowe Stacy 4
4 · QVC Group, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
QVC Group (QVCGA) President Stacy Bowe Exercises 6,401 RSUs
What Happened
Stacy Bowe, President of the HSN brand and U.S. Merchandising at QVC Group, exercised/converted 6,401 derivative awards (reported as code M) on 2026-03-05 and immediately disposed of the resulting interest back to the issuer (code D). The filing shows the derivative disposition at $0.00 and indicates these restricted stock units were cash-settled, so no shares were added to her open-market holdings and no per‑share sale price is reported.
Key Details
- Transaction date: 2026-03-05; Form filed: 2026-03-09 (timely within the two-business-day window).
- Reported actions: exercise/conversion of 6,401 derivatives (M) and disposition to issuer of 6,401 (D). One derivative disposition line shows $0.00.
- Shares owned after transaction: filing reflects six shares of Series A common stock held jointly by the reporting person and spouse (footnote F3). No additional shares were retained from the exercised awards.
- Footnotes: F2 states the reported awards were restricted stock units that were the economic equivalent of one share each and were cash-settled; F1 notes a 1-for-50 reverse split effective May 22, 2025 adjusted award counts.
- No dollar proceeds or market sale price are disclosed in the filing.
Context
This was a cash settlement of prior RSU awards rather than a purchase or open-market sale of shares. For retail investors, cash-settled conversions mean the insider received cash value rather than shares, so the transaction does not signal an increase in insider share ownership. Transaction codes: M = exercise/conversion of derivative; D = disposition to issuer.
Insider Transaction Report
- Exercise/Conversion
Series A Common Stock
[F1][F2][F3]2026-03-05+6,401→ 8,286 total - Disposition to Issuer
Series A Common Stock
[F1][F2][F3]2026-03-05−6,401→ 1,885 total - Exercise/Conversion
Restricted Stock Units (Cash Settled) - QVCGA
[F2][F1]2026-03-05−6,401→ 0 totalFrom: 2026-03-05Exp: 2026-03-05→ Series A Common Stock (6,401 underlying)
Footnotes (3)
- [F1]On May 22, 2025, the issuer effected a 1-for-50 reverse stock split of all issued and outstanding shares of QVCGA common stock and QVCGB common stock. At the effective time of the reverse stock split, the number of shares subject to then-outstanding equity awards (including those held by the reporting person) were proportionately adjusted.
- [F2]Reflects prior awards of restricted stock units previously reported in Table II of the reporting person's Form 3. Each restricted stock unit was the economic equivalent of one share of QVCGA common stock and was cash settled.
- [F3]Includes six shares of Series A Common Stock held by the reporting person and her spouse in a joint brokerage account.