PADDICK BRENDAN J 4

4 · Liberty Latin America Ltd. · Filed Jul 17, 2026

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Updated Jul 18, 2026

Liberty Latin America Director Brendan Paddick Receives Preferred Shares

What Happened

Brendan J. Paddick, a director of Liberty Latin America Ltd. (tickers LILA / LILAP), received 344,367 newly issued Series A 9.0% fixed-rate cumulative perpetual preferred shares as a special dividend payable June 16, 2026 (reported as an other acquisition, code J). These preferred shares have an initial liquidation price of $25 each (aggregate value ≈ $8.61M at $25/share).
On June 17, 2026, Paddick also acquired 1,935 preferred shares attributable to adjustments to his Restricted Share Units (RSUs) under the company’s anti-dilution provisions (reported as a derivative acquisition; these RSUs convert 1:1 to Series A preference shares at settlement). The RSU awards vest in full on March 15, 2027.

Key Details

Transaction dates and price: 6/16/2026 — 344,367 Series A preferred shares acquired at $0.00 (special dividend); 6/17/2026 — 1,935 RSU-derived preferred shares acquired at $0.00. Initial liquidation price of each preferred share is $25.
Approximate value: 344,367 × $25 ≈ $8.61M; 1,935 × $25 ≈ $48k; combined ≈ $8.66M (these were dividend/award distributions, not purchases).
Shares owned after transaction: the Form 4 did not disclose total post-transaction holdings of preferred or common shares.
Notable footnotes: The board declared a special dividend of 0.10 Series A preferred share per common share outstanding; Original RSUs were adjusted per anti-dilution rules so each Original RSU entitles the holder to 0.10 preferred shares (F1–F4). RSUs vest 3/15/2027.
Filing timeliness: The Form 4 was filed on 2026-07-17 for transactions occurring 6/16–6/17/2026, which is after the usual two-business-day reporting window — the filing appears late.

Context

These entries are not open-market purchases or sales; they reflect a company-declared stock dividend and contract adjustments to RSUs. Such dividend distributions and RSU adjustments are corporate actions and do not necessarily signal the insider’s view of the company’s stock.
Transaction code J ("other acquisition or disposition") is commonly used for dividend issuances; the derivative entry reflects RSU adjustment/settlement rights rather than an option exercise or sale.

Form 4

Period: 2026-06-16

Director

Transactions

Other
Series A Preference Shares
[F1]
2026-06-16+344,367→ 344,367 total
Other
Restricted Share Units P
[F2][F3][F4]
2026-06-17+1,935→ 1,935 total
→ Series A Preference Shares (1,935 underlying)

Footnotes (4)

[F1]On May 21, 2026, the Issuer announced that an authorized committee of the Issuer's board of directors declared a special dividend on each of its outstanding common shares payable on June 16, 2026 to all holders of record as of 5:00 p.m., New York City time, on June 1, 2026 consisting of a special dividend of 0.10 shares of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares (the "Preferred Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). As a result of the Dividend, the reporting person directly received 344,367 Preferred Shares.
[F2]Each Restricted Share Unit P ("RSU") represents a right to receive one share of the Issuer's Series A Preference Shares at settlement.
[F3]In connection with the Dividend, all RSUs with respect to the Issuer's common stock ("Original RSUs") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the RSU awards held by the reporting person were granted. Each holder of an Original RSU was entitled to receive an RSU with respect to a number of Preferred Shares equal to 0.10 multiplied by the number of shares of common stock underlying the Original RSU, subject to the same terms and conditions as the Original RSU. These adjustments were approved by the compensation committee of the Issuer's board of directors pursuant to Rule 16b-3.
[F4]The Restricted Share Units vest in full on March 15, 2027.

Signature

/s/ John M. Winter, Attorney-in-Fact|2026-07-17

1 file