4Filed Aug 2, 8:00 PM ET
Liberty Latin America SVP Hussain Aamir Acquires ESPP & Match Shares
$LILA · Liberty Latin America Ltd.Research Summary
AI-generated summary of this SEC filing
Liberty Latin America SVP Hussain Aamir Acquires ESPP & Match Shares
What Happened
- Hussain Aamir, SVP, CT&PO of Liberty Latin America (tickers: LILA / LILAB / LILAK; preference ticker LILAP), acquired shares under the company Employee Stock Purchase Plan (ESPP) on 2026-06-30. He purchased 2,500 common shares at $7.32 each for a cash outlay of $18,300. In addition, he received 833 matching common-share units and 83 preferred-share units issued as matching benefits; those match units were recorded at $0.00 (no cash paid).
Key Details
- Transaction date: June 30, 2026.
- Purchased: 2,500 common shares @ $7.32 = $18,300 (ESPP purchase using the plan’s look-back feature). (See F2, F3.)
- Match/awards: 833 common-share match units @ $0.00 (match benefit) and 83 preferred-share units @ $0.00 (issued as match at a 0.10 preferred-per-matching-share rate). (See F1, F4.)
- Exemptions cited: transactions exempt under Rule 16b-3(c)/(d) for ESPP-related acquisitions; preferred-share issuance exempt under Rule 16a-9.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Filing timeliness: Form filed 2026-08-03 for 2026-06-30 transactions — the filing appears late (outside the usual 2-business-day Form 4 window).
Context
- These were plan purchases and company match awards, not open-market buys or sales. ESPP purchases (especially with a look-back feature) are common forms of employee compensation and typically reflect participation in a company plan rather than direct market timing by the insider.
- The match included issuance of Series A Preference Shares (LILAP) at a stated ratio; these are plan benefits and are exempt from short-swing reporting under Rule 16a-9.