STOCK TITAN

Liberty Latin America (LILA) CEO purchases 20,000 Class C shares

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Liberty Latin America Ltd. President and CEO Nair Balan reported an open-market purchase of 20,000 Class C Common Shares on May 8, 2026 at a weighted average price of $8.0745 per share. After this transaction, he directly holds 3,125,039 Class C shares.

The filing also shows indirect holdings of 21,640 Class C shares through a 401(k) plan and 1,139 Class C shares through an IRA as of the same date. Separately, the issuer contributed 2,777 shares to his 401(k) account as of May 8, 2026, representing non-cash share-based compensation.

Positive

  • None.

Negative

  • None.
Insider Nair Balan
Role President and CEO
Bought 20,000 shs ($161K)
Type Security Shares Price Value
Purchase Class C Common Shares 20,000 $8.0745 $161K
holding Class C Common Shares -- -- --
holding Class C Common Shares -- -- --
Holdings After Transaction: Class C Common Shares — 3,125,039 shares (Direct, null); Class C Common Shares — 1,139 shares (Indirect, By IRA)
Footnotes (1)
  1. The price reflects a weighted average of purchases made at prices ranging from $8.0650 to $8.0800. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price. The Reporting Person received 2,777 shares contributed by Issuer under its 401(k) Plan as of May 8, 2026.
Open-market purchase 20,000 shares Class C Common Shares bought on May 8, 2026
Purchase price $8.0745 per share Weighted average price for 20,000 shares
Price range $8.0650–$8.0800 Range of individual trade prices on May 8, 2026
Direct holdings after trade 3,125,039 shares Class C Common Shares held directly after purchase
401(k) holdings 21,640 shares Indirect Class C holdings via 401(k) plan
IRA holdings 1,139 shares Indirect Class C holdings via IRA
401(k) contribution 2,777 shares Shares contributed by issuer to 401(k) as of May 8, 2026
Class C Common Shares financial
"security_title: "Class C Common Shares""
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
401(k) Plan financial
"nature_of_ownership: "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
IRA financial
"nature_of_ownership: "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
weighted average financial
"The price reflects a weighted average of purchases"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Nair Balan

(Last)(First)(Middle)
1550 WEWATTA STREET
SUITE 800

(Street)
DENVER COLORADO 80202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Liberty Latin America Ltd. [ LILA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class C Common Shares05/08/2026P20,000A$8.0745(1)3,125,039D
Class C Common Shares1,139IBy IRA
Class C Common Shares21,640(2)IBy 401(k) Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reflects a weighted average of purchases made at prices ranging from $8.0650 to $8.0800. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
2. The Reporting Person received 2,777 shares contributed by Issuer under its 401(k) Plan as of May 8, 2026.
Remarks:
The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK.
/s/ John M. Winter, Attorney-in-Fact05/12/2026
** Signature of Reporting PersonDate
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Liberty Latin America (LILA) report for Nair Balan?

Liberty Latin America reported that President and CEO Nair Balan bought 20,000 Class C Common Shares in an open-market transaction. The weighted average purchase price was $8.0745 per share, reflecting multiple trades within a narrow price range on May 8, 2026.

At what price did Liberty Latin America CEO Nair Balan buy LILA shares?

Nair Balan bought 20,000 Class C Common Shares at a weighted average price of $8.0745. The filing notes purchases occurred between $8.0650 and $8.0800 per share, with detailed trade breakdowns available upon request from the company or regulators.

How many Liberty Latin America shares does Nair Balan hold after this Form 4?

After the reported purchase, Nair Balan directly holds 3,125,039 Class C Common Shares. He also has indirect holdings of 21,640 shares through a 401(k) plan and 1,139 shares through an IRA, as disclosed in the same Form 4 filing.

What indirect Liberty Latin America holdings does Nair Balan report?

Nair Balan reports indirect ownership of 21,640 Class C Common Shares via a 401(k) plan and 1,139 shares via an IRA. These positions are separate from his direct holdings and reflect retirement-related accounts associated with the reporting person.

Did Liberty Latin America contribute shares to Nair Balan’s 401(k) plan?

Yes. The filing notes that Liberty Latin America contributed 2,777 Class C Common Shares to Nair Balan’s 401(k) plan as of May 8, 2026. This represents share-based compensation rather than an open-market purchase by the executive.