PADDICK BRENDAN J 4
Research Summary
AI-generated summary
Liberty Latin America (LILA) Director Brendan Paddick Buys 100,000 Shares
What Happened
Brendan J. Paddick, a director of Liberty Latin America Ltd. (ticker: LILA), purchased 100,000 common shares in an open-market transaction on June 18, 2026. The filing reports a weighted-average purchase price of $4.88 per share (range $4.84–$4.90), for a total reported acquisition value of $488,200. This was a direct purchase (transaction code P), not an option exercise or award.
Key Details
- Transaction date: June 18, 2026. Filing date (Form 4): June 23, 2026. The filing was submitted after the two-business-day deadline.
- Price: weighted average $4.88 per share; purchases occurred at prices from $4.84 to $4.90 (footnote F1 discloses this range and offers to provide breakdown on request).
- Shares acquired: 100,000; aggregate purchase value reported $488,200.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 notes the price is a weighted average of multiple purchases and that the reporter can provide the number of shares bought at each price upon request.
- Trading symbols noted in the filing: LILA, LILAB, LILAK (common share classes) and LILAP (Series A preference).
Context
This was a straightforward open-market purchase by a company director (not a reported option exercise, gift, or award). Insider purchases are often watched by investors as a potential positive signal, but the filing contains no explanation of motivation. The filing was made after the typical two-business-day deadline for Form 4 submissions.