Wafford Bill 4

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

AI-generated summary of this filing

Updated Mar 17, 2026

QVC Group CFO Bill Wafford Converts 3,850 RSUs

What Happened

Bill Wafford, Chief Financial Officer & Chief Accounting Officer of QVC Group, converted/exercised 3,850 derivative units (restricted stock units) on March 15, 2026. The converted shares were immediately surrendered to the issuer (net/settled) and the filing reports no cash proceeds (price reported as $0.00 / N/A).

Key Details

Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely filing).
Reported transactions: exercise/conversion of derivative (code M) for 3,850 shares and disposition to issuer (code D) of 3,850 shares; proceeds reported as $0.00 / N/A.
Shares owned after transaction: not specified in this filing.
Footnotes of note:
- F1: A 1-for-50 reverse stock split (May 22, 2025) adjusted outstanding awards.
- F2: These were restricted stock units that were cash-settled.
- F3: The RSU award vests in two equal installments on March 15, 2026 and March 15, 2027.
Exhibit: Power of Attorney listed (Exhibit 24).

Context

This appears to be a routine vesting/cash-settlement event for RSUs, with the converted shares surrendered to the company—commonly done to satisfy tax withholding or for cash settlement—so the $0 proceeds reported do not imply an open-market sale. Such net settlements are standard and not necessarily a signal of insider market sentiment.

Form 4

Period: 2026-03-15

CFO & CAO

Transactions

Exercise/Conversion
Series A Common Stock
[F1][F2]
2026-03-15+3,850→ 3,954 total
Disposition to Issuer
Series A Common Stock
[F1][F2]
2026-03-15−3,850→ 104 total
Exercise/Conversion
Restricted Stock Units (Cash Settled) - QVCGA
[F2][F1][F3]
2026-03-15−3,850→ 3,851 total
Exp: 2027-03-15→ Series A Common Stock (3,850 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 Bill Wafford|2026-03-17

2 files