PADDICK BRENDAN J 4

What Happened
Brendan J. Paddick, a director of Liberty Latin America Ltd. (tickers: LILA, LILAB, LILAK), was granted restricted share units (RSUs) on 2026-03-13 (6,452 and 12,904 RSUs). On 2026-03-15 he converted/exercised derivative awards, receiving 7,477 and 14,954 shares (total 22,431 shares) at no cash exercise price. To satisfy tax withholding, 382 shares were disposed at $7.58 ($2,896) and 763 shares were disposed at $7.77 ($5,929), for total withholding proceeds of $8,825. Net shares delivered to him after withholding: 21,286.

Key Details

• Grant dates: 2026-03-13 (6,452 and 12,904 RSUs = 19,356 RSUs granted). Conversion/exercise date: 2026-03-15 (22,431 shares acquired).
• Tax withholding: 382 shares @ $7.58 = $2,896; 763 shares @ $7.77 = $5,929; total ~$8,825; 1,145 shares withheld.
• Per-form filing date: 2026-03-17 (reporting the Mar 13–15 transactions); filing appears timely.
• Footnote: Each Restricted Share Unit represents a right to receive one Class A or Class C common share on settlement (per filing).
• Filing does not state total post-transaction beneficial ownership; net newly acquired shares (after withholding) = 21,286.

Context
This was an award/derivative conversion (RSU vesting and conversion), not an open-market purchase or voluntary sale. The disposals coded "F" reflect shares withheld to cover tax obligations (a common cashless/withholding settlement), not a market sale for investment purposes. These entries should be read as compensation-related share issuances rather than insider buying/selling for market sentiment.