Liberty Latin America Ltd.·4

Mar 17, 5:43 PM ET

Hussain Aamir 4

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

Research Summary

AI-generated summary of this filing

Updated

Liberty Latin America (LILA) SVP Hussain Aamir Exercises Derivatives, Receives Awards

What Happened

  • Hussain Aamir, Senior Vice President, CT & PO at Liberty Latin America, received awards of derivative units (RSUs/SARs) on 2026-03-13 totaling 503,463 units. Two days later (2026-03-15) he exercised/converted 194,133 derivative units into underlying shares and the filing shows an equal number of shares disposed the same day.
  • Reported prices for the grants and the same‑day dispositions are $0.00 (derivative awards are typically reported without a purchase price). The equal acquired/disposed amounts for the 3/15 transactions indicate a conversion with immediate share disposition or share withholding rather than an open‑market purchase or a standalone sale.

Key Details

  • Transactions reported: Grants/Awards (code A) on 2026-03-13 — 503,463 derivative units total; Exercises/Conversions (code M) on 2026-03-15 — 194,133 units acquired and 194,133 shares disposed (all reported at $0.00).
  • Shares owned after the transactions: not specified in the filing.
  • Footnotes: F1 confirms each RSU equals one share at settlement; other footnotes (F2–F6) describe multi‑year vesting schedules for the awards (vest in equal annual installments across 2024–2029, depending on the tranche). F3 refers to Share Appreciation Rights vesting.
  • Filing timeliness: Reported period 2026-03-13, filed 2026-03-17 — filing appears to be within the SEC’s two business‑day requirement.
  • Trading symbols: LILA, LILAB, LILAK.

Context

  • The matching acquired and disposed amounts and $0.00 disposition price are consistent with a cashless/net settlement or share withholding to satisfy tax or exercise obligations, rather than an open‑market sale. Such transactions are common for option/RSU settlements and do not alone indicate insider sentiment about the company’s stock.
  • The bulk of the activity reported here is awards (future economic interest subject to vesting) rather than outright purchases of stock.

Insider Transaction Report

Form 4
Period: 2026-03-13
Hussain Aamir
SVP, CT&PO
Transactions
  • Exercise/Conversion

    Class A Common Shares

    [F1]
    2026-03-15+18,656167,904 total
  • Exercise/Conversion

    Class A Common Shares

    [F1]
    2026-03-15+23,622191,526 total
  • Exercise/Conversion

    Class A Common Shares

    [F1]
    2026-03-15+22,433213,959 total
  • Exercise/Conversion

    Class C Common Shares

    [F1]
    2026-03-15+37,313301,645 total
  • Exercise/Conversion

    Class C Common Shares

    [F1]
    2026-03-15+47,244348,889 total
  • Exercise/Conversion

    Class C Common Shares

    [F1]
    2026-03-15+44,865393,754 total
  • Award

    Restricted Share Units A

    [F1][F2]
    2026-03-13+58,06558,065 total
    Class A Common Shares (58,065 underlying)
  • Award

    Restricted Share Units C

    [F1][F2]
    2026-03-13+116,130116,130 total
    Class C Common Shares (116,130 underlying)
  • Award

    Share Appreciation Rights A

    [F3]
    2026-03-13+109,756109,756 total
    Exercise: $7.58Exp: 2036-03-13Class A Common Shares (109,756 underlying)
  • Award

    Share Appreciation Rights C

    [F3]
    2026-03-13+219,512219,512 total
    Exercise: $7.77Exp: 2036-03-13Class C Common Shares (219,512 underlying)
  • Exercise/Conversion

    Restricted Share Units A

    [F1][F4]
    2026-03-1518,6560 total
    Class A Common Shares (18,656 underlying)
  • Exercise/Conversion

    Restricted Share Units C

    [F1][F4]
    2026-03-1537,3130 total
    Class C Common Shares (37,313 underlying)
  • Exercise/Conversion

    Restricted Share Units A

    [F1][F5]
    2026-03-1523,62223,622 total
    Class A Common Shares (23,622 underlying)
  • Exercise/Conversion

    Restricted Share Units C

    [F1][F5]
    2026-03-1547,24447,244 total
    Class C Common Shares (47,244 underlying)
  • Exercise/Conversion

    Restricted Share Units A

    [F1][F6]
    2026-03-1522,43344,862 total
    Class A Common Shares (22,433 underlying)
  • Exercise/Conversion

    Restricted Share Units C

    [F1][F6]
    2026-03-1544,86589,726 total
    Class C Common Shares (44,865 underlying)
Footnotes (6)
  • [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 RSUs vest in three equal annual installments on March 15 of 2027, 2028 and 2029.
  • [F3]The Share Appreciation Rights vest in three equal annual installments on March 15 of 2027, 2027 and 2029.
  • [F4]The RSUs vest in three equal annual installments on March 15 of 2024, 2025 and 2026.
  • [F5]The RSUs vest in three equal annual installments on March 15 of 2025, 2026 and 2027.
  • [F6]The RSUs vest in three equal annual installments on March 15 of 2026, 2027 and 2028.
Signature
/s/ John M. Winter, Attorney-in-Fact|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773783810.xmlPrimary

    FORM 4