Liberty Latin America (LILA) SVP awarded RSUs and SARs equity grants

Rhea-AI Filing Summary

Liberty Latin America Ltd. SVP, CT&PO Aamir Hussain reported equity awards and option-style exercises. On March 13, 2026, he received grants of 58,065 Restricted Share Units tied to Class A common shares, 116,130 RSUs tied to Class C common shares, 109,756 Share Appreciation Rights on Class A at an exercise price of $7.58, and 219,512 SARs on Class C at $7.77, all vesting in three equal annual installments beginning March 15, 2027.

On March 15, 2026, he exercised previously granted RSUs, acquiring a combined 194,133 Class A and Class C common shares at a reported price of $0.00 per share. Following these exercises, his direct holdings increased to 213,959 Class A common shares and 393,754 Class C common shares. The filing shows no open-market sales or tax-withholding dispositions, indicating routine compensation-related equity activity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hussain Aamir

(Last) (First) (Middle)

1550 WEWATTA STREET

SUITE 800

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Latin America Ltd. [ LILA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CT&PO

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	03/15/2026		M		18,656	A	(1)	167,904	D
Class A Common Shares	03/15/2026		M		23,622	A	(1)	191,526	D
Class A Common Shares	03/15/2026		M		22,433	A	(1)	213,959	D
Class C Common Shares	03/15/2026		M		37,313	A	(1)	301,645	D
Class C Common Shares	03/15/2026		M		47,244	A	(1)	348,889	D
Class C Common Shares	03/15/2026		M		44,865	A	(1)	393,754	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units A	(1)	03/13/2026		A		58,065		(2)	(2)	Class A Common Shares	58,065	(1)	58,065	D
Restricted Share Units C	(1)	03/13/2026		A		116,130		(2)	(2)	Class C Common Shares	116,130	(1)	116,130	D
Share Appreciation Rights A	$7.58	03/13/2026		A		109,756		(3)	03/13/2036	Class A Common Shares	109,756	$0	109,756	D
Share Appreciation Rights C	$7.77	03/13/2026		A		219,512		(3)	03/13/2036	Class C Common Shares	219,512	$0	219,512	D
Restricted Share Units A	(1)	03/15/2026		M			18,656	(4)	(4)	Class A Common Shares	18,656	$0	0	D
Restricted Share Units C	(1)	03/15/2026		M			37,313	(4)	(4)	Class C Common Shares	37,313	$0	0	D
Restricted Share Units A	(1)	03/15/2026		M			23,622	(5)	(5)	Class A Common Shares	23,622	$0	23,622	D
Restricted Share Units C	(1)	03/15/2026		M			47,244	(5)	(5)	Class C Common Shares	47,244	$0	47,244	D
Restricted Share Units A	(1)	03/15/2026		M			22,433	(6)	(6)	Class A Common Shares	22,433	$0	44,862	D
Restricted Share Units C	(1)	03/15/2026		M			44,865	(6)	(6)	Class C Common Shares	44,865	$0	89,726	D

Explanation of Responses:

1. 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.

2. The RSUs vest in three equal annual installments on March 15 of 2027, 2028 and 2029.

3. The Share Appreciation Rights vest in three equal annual installments on March 15 of 2027, 2027 and 2029.

4. The RSUs vest in three equal annual installments on March 15 of 2024, 2025 and 2026.

5. The RSUs vest in three equal annual installments on March 15 of 2025, 2026 and 2027.

6. The RSUs vest in three equal annual installments on March 15 of 2026, 2027 and 2028.

Remarks:

The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK.

	/s/ John M. Winter, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transactions did LILA executive Aamir Hussain report?

Aamir Hussain reported equity awards and exercises. He received new RSU and share appreciation right grants and exercised 194,133 RSUs into Class A and Class C common shares as part of his compensation package.

How many Liberty Latin America (LILA) shares does Aamir Hussain hold after these transactions?

After the reported exercises, Aamir Hussain directly holds 213,959 Class A common shares and 393,754 Class C common shares. These figures reflect his position following conversion of previously granted Restricted Share Units into common stock.

What new equity awards did Liberty Latin America grant to Aamir Hussain?

He received 58,065 Restricted Share Units linked to Class A shares, 116,130 RSUs linked to Class C shares, 109,756 Share Appreciation Rights on Class A at $7.58, and 219,512 SARs on Class C at $7.77, all vesting in three annual installments.

When do Aamir Hussain’s new RSU and SAR awards at LILA vest?

The new RSU and share appreciation right awards vest in three equal annual installments on March 15 of 2027, 2028, and 2029. This schedule spreads the compensation over several years, aligning ongoing incentives with the company’s longer-term performance.

Did the Liberty Latin America insider filing show any stock sales by Aamir Hussain?

The filing shows no open-market sales or tax-withholding dispositions. All reported transactions are classified as acquisitions through RSU exercises or grants and awards, indicating compensation-related equity activity rather than discretionary buying or selling in the market.

What does the 194,133 RSU exercise by LILA’s SVP represent?

The 194,133 RSU exercise represents the conversion of previously granted Restricted Share Units into Class A and Class C common shares at a stated price of $0.00 per share. This is a non-cash event that increases his direct share ownership in the company.