Bowe Stacy 4

4 · QVC Group, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

QVC Group (QVCGA) Stacy Bowe Exercises & Surrenders 3,307 Shares

What Happened

Stacy Bowe, President of the HSN Brand & U.S. Merchandising at QVC Group (QVCGA), had 3,307 restricted stock units convert/exercise on March 15, 2026. The Form 4 shows 3,307 shares acquired via exercise/conversion and an immediate disposition of 3,307 shares back to the issuer; a derivative disposition is reported at $0.00, with total cash proceeds reported as $0. This indicates the award was cash-settled or surrendered rather than resulting in net share proceeds to the insider.

Key Details

Transaction date: March 15, 2026 (reported on Form 4 filed March 17, 2026; Period of Report: Mar 15, 2026).
Trades reported: 3,307 shares acquired via exercise/conversion (code M), 3,307 shares disposed to issuer (code D); derivative disposition recorded at $0.00.
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Relevant footnotes:
- F1: A 1-for-50 reverse stock split on May 22, 2025 adjusted prior awards proportionately.
- F2: The units reflect prior restricted stock units that were the economic equivalent of one share and were cash-settled.
- F3: The RSU award vests in two substantially equal installments on March 15, 2026 and March 15, 2027.
Filing timeliness: Form filed two days after the transaction date; no late filing flag provided in the excerpt.

Context

This was not an open-market buy or sale by the insider but a vesting/conversion and settlement of RSUs (a common compensation event). Cash-settlement or surrender to the issuer (often used to cover tax withholding) explains the $0 proceeds; it should not be read as a market sale signaling sentiment.

Form 4

Period: 2026-03-15

Pres. HSN Brand & US Merch

Transactions

Exercise/Conversion
Series A Common Stock
[F1][F2]
2026-03-15+3,307→ 5,192 total
Disposition to Issuer
Series A Common Stock
[F1][F2]
2026-03-15−3,307→ 1,885 total
Exercise/Conversion
Restricted Stock Units (Cash Settled) - QVCGA
[F2][F1][F3]
2026-03-15−3,307→ 3,308 total
Exp: 2027-03-15→ Series A Common Stock (3,307 underlying)

Footnotes (3)

[F1]On May 22, 2025, the issuer effected a 1-for-50 reverse stock split of all issued and outstanding shares of QVCGA common stock and QVCGB common stock. At the effective time of the reverse stock split, the number of shares subject to then-outstanding equity awards (including those held by the reporting person) were proportionately adjusted.
[F2]Reflects prior awards of restricted stock units previously reported in Table II of the reporting person's Form 3. Each restricted stock unit was the economic equivalent of one share of QVCGA common stock and was cash settled.
[F3]This restricted stock unit award vests in two substantially equal installments on March 15, 2026 and 2027.

Signature

/s/ Katherine C. Jewell, as Attorney-in-Fact for Stacy Bowe|2026-03-17

1 file