Sanchez Daniel E. 4

What Happened

• Daniel E. Sanchez, a director of Liberty Latin America Ltd. (tickers: LILA, LILAB, LILAK; Series A Pref: LILAP), acquired a total of 11,009 Series A Preferred Shares in mid‑June 2026 as part of a special dividend.
• Transactions reported: 9,074 Preferred Shares were issued and received on June 16, 2026 (reported as an other acquisition, code J) and 1,935 shares were recorded on June 17, 2026 as derivative acquisitions tied to restricted share units (RSUs). All shares were reported at $0.00 because they were issued as a dividend/adjustment rather than bought on the open market.
• The Preferred Shares have an initial liquidation price of $25.00 each, implying an approximate aggregate value of $275,225 for the 11,009 shares.

Key Details

• Transaction dates & types: 6/16/2026 — 9,074 Preferred Shares issued (other acquisition, J); 6/17/2026 — 1,935 derivative Preferred Shares from RSU adjustments (J).
• Price reported: $0.00 per share (issued as a dividend/award).
• Shares received total: 11,009 Series A Preferred Shares (implied value ≈ $275,225 at $25 liquidation price).
• RSU notes: Each Restricted Share Unit P represents a right to one Series A Preferred Share at settlement. The RSUs were adjusted under anti‑dilution provisions due to the dividend; the adjusted RSUs vest in full on March 15, 2027.
• Corporate approval: The compensation committee approved RSU adjustments under Rule 16b‑3.
• Filing timeliness: The Form 4 was filed on 2026‑07‑17 for transactions occurring on 2026‑06‑16/17, which is later than the standard two‑business‑day reporting window (i.e., an untimely filing).

Context

• These entries are not open‑market purchases or sales but reflect a special dividend distribution of newly issued Series A Preferred Shares (0.10 preferred share per common share of record), and an adjustment to outstanding RSUs to give holders equivalent preferred‑share exposure. The derivative line reports the RSU‑based right to receive Preferred Shares; those RSUs vest March 15, 2027.