Wafford Bill 4

What Happened
Bill Wafford, CFO & CAO of QVC Group, had 13,201 restricted stock units (RSUs) vest on March 20, 2026. The vesting converted the RSUs into 13,201 shares. To cover tax withholding, 4,565 of those shares were withheld (disposed) at $2.86 per share, generating approximately $13,056. After withholding, Wafford retained 8,636 newly issued shares from the vesting, plus 104 previously held shares, for a total of about 8,740 shares.

Key Details

• Transaction date: 2026-03-20; Form 4 filed 2026-03-24 (appears timely).
• Vesting/Conversion: 13,201 RSUs converted to shares (transaction code M).
• Tax withholding: 4,565 shares withheld (transaction code F) at $2.86 = $13,056.
• Shares likely retained after settlement: 8,636 from the vesting + 104 prior shares = ~8,740 total.
• Footnotes: 1-for-50 reverse stock split effective May 22, 2025 adjusted award amounts; RSUs were granted on May 23, 2023 and vested in full on March 20, 2026; withheld shares were used to satisfy tax liability.

Context
This was a compensation vesting event (award settlement), not an open-market buy or sale by the insider. The withholding of shares to satisfy taxes is routine and does not by itself indicate a buy or sell decision by the insider.