Liberty Latin America Ltd.·4

Mar 17, 5:43 PM ET

Hussain Aamir 4

Research Summary

AI-generated summary

Updated

Liberty Latin America (LILA) SVP Hussain Aamir Exercises Derivatives, Receives Awards

What Happened

  • Hussain Aamir, Senior Vice President, CT & PO at Liberty Latin America, received awards of derivative units (RSUs/SARs) on 2026-03-13 totaling 503,463 units. Two days later (2026-03-15) he exercised/converted 194,133 derivative units into underlying shares and the filing shows an equal number of shares disposed the same day.
  • Reported prices for the grants and the same‑day dispositions are $0.00 (derivative awards are typically reported without a purchase price). The equal acquired/disposed amounts for the 3/15 transactions indicate a conversion with immediate share disposition or share withholding rather than an open‑market purchase or a standalone sale.

Key Details

  • Transactions reported: Grants/Awards (code A) on 2026-03-13 — 503,463 derivative units total; Exercises/Conversions (code M) on 2026-03-15 — 194,133 units acquired and 194,133 shares disposed (all reported at $0.00).
  • Shares owned after the transactions: not specified in the filing.
  • Footnotes: F1 confirms each RSU equals one share at settlement; other footnotes (F2–F6) describe multi‑year vesting schedules for the awards (vest in equal annual installments across 2024–2029, depending on the tranche). F3 refers to Share Appreciation Rights vesting.
  • Filing timeliness: Reported period 2026-03-13, filed 2026-03-17 — filing appears to be within the SEC’s two business‑day requirement.
  • Trading symbols: LILA, LILAB, LILAK.

Context

  • The matching acquired and disposed amounts and $0.00 disposition price are consistent with a cashless/net settlement or share withholding to satisfy tax or exercise obligations, rather than an open‑market sale. Such transactions are common for option/RSU settlements and do not alone indicate insider sentiment about the company’s stock.
  • The bulk of the activity reported here is awards (future economic interest subject to vesting) rather than outright purchases of stock.