Liberty Latin America Ltd.·4

Mar 17, 5:42 PM ET

ZOOK BRIAN D 4

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

Research Summary

AI-generated summary of this filing

Updated

Liberty Latin America (LILA) Brian Zook Exercises Awards; Shares Withheld

What Happened
Brian D. Zook, Liberty Latin America’s Managing Director and Chief Accounting Officer, had derivative awards/RSUs settle and shares issued in mid‑March 2026. On 2026-03-13 he was granted a total of 50,304 restricted share units (16,768 + 33,536). On 2026-03-15 portions of derivative awards were converted/settled into 38,755 shares (5,700 + 7,218 + 11,401 + 14,436). To cover tax withholding obligations, 11,144 shares were withheld (disposed) at prices between $7.58 and $7.77, generating roughly $85,883 in tax withholding. Net shares delivered to him from the settlements were approximately 27,611 shares.

Key Details

  • Filing date: 2026-03-17; reporting period includes transactions dated 2026-03-13 and 2026-03-15.
  • Grants: 50,304 RSUs granted on 2026-03-13 (16,768 and 33,536 units, $0 per unit).
  • Settlements/exercises: 38,755 shares converted/issued on 2026-03-15 (multiple derivative exercises).
  • Tax withholding: 11,144 shares were withheld (codes F) at $7.58–$7.77 per share, totaling approximately $85,883.
  • Footnotes: F1 notes each RSU equals one share on settlement; F3/F4 describe RSU vesting schedules; F2 relates to SAR vesting (future vesting dates).
  • Shares owned after the transactions were not specified in the provided data. No 10b5-1 plan or late‑filing disclosure was provided in the supplied summary.

Context

  • These entries reflect awards vesting/settling and the routine withholding of shares to cover taxes (a common non‑market sale). This is not an open‑market sale that signals active selling of stock for cash beyond tax obligations.
  • For derivative/RSU transactions: “M” entries indicate exercise/conversion/settlement of awards; “A” indicates grant; “F” indicates shares withheld to satisfy tax liabilities.
  • Retail investors should view this as standard compensation settlement activity rather than an explicit buy or sell decision by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-13
ZOOK BRIAN D
MD, CHIEF ACCOUNTING OFFICER
Transactions
  • Exercise/Conversion

    Class A Common Shares

    [F1]
    2026-03-15+5,70012,513 total
  • Tax Payment

    Class A Common Shares

    2026-03-15$7.58/sh1,639$12,42410,874 total
  • Exercise/Conversion

    Class A Common Shares

    [F1]
    2026-03-15+7,21818,092 total
  • Tax Payment

    Class A Common Shares

    2026-03-15$7.58/sh2,076$15,73616,016 total
  • Exercise/Conversion

    Class C Common Shares

    [F1]
    2026-03-15+11,40126,161 total
  • Tax Payment

    Class C Common Shares

    2026-03-15$7.77/sh3,278$25,47022,883 total
  • Exercise/Conversion

    Class C Common Shares

    [F1]
    2026-03-15+14,43637,319 total
  • Tax Payment

    Class C Common Shares

    2026-03-15$7.77/sh4,151$32,25333,168 total
  • Award

    Share Appreciation Rights A

    [F2]
    2026-03-13+16,76816,768 total
    Exercise: $7.58Exp: 2036-03-13Class A Common Shares (16,768 underlying)
  • Award

    Share Appreciation Rights C

    [F2]
    2026-03-13+33,53633,536 total
    Exercise: $7.77Exp: 2036-03-13Class C Common Shares (33,536 underlying)
  • Exercise/Conversion

    Restricted Share Units A

    [F1][F3]
    2026-03-155,7000 total
    Class A Common Shares (5,700 underlying)
  • Exercise/Conversion

    Restricted Share Units C

    [F1][F3]
    2026-03-1511,4010 total
    Class C Common Shares (11,401 underlying)
  • Exercise/Conversion

    Restricted Share Units A

    [F1][F4]
    2026-03-157,2187,218 total
    Class A Common Shares (7,218 underlying)
  • Exercise/Conversion

    Restricted Share Units C

    [F1][F4]
    2026-03-1514,43614,436 total
    Class C Common Shares (14,436 underlying)
Holdings
  • Class A Common Shares

    (indirect: By IRA)
    93
  • Class C Common Shares

    (indirect: By IRA)
    1,312
  • Class C Common Shares

    (indirect: By 401(k))
    17,411
Footnotes (4)
  • [F1]Each Restricted Share Unit represents a right to receive one share of the Issuer's Class A common shares or Class C common shares, as the case may be, at settlement.
  • [F2]The Share Appreciation Rights vest in three equal annual installments on March 15 of 2027, 2028 and 2029.
  • [F3]The RSUs vest in three equal annual installments on March 15 of 2024, 2025 and 2026.
  • [F4]The RSUs vest in three equal annual installments on March 15 of 2025, 2026 and 2027.
Signature
/s/ John M. Winter, Attorney-in-Fact|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773783749.xmlPrimary

    FORM 4