STOCK TITAN

Liberty Latin America (LILA) director gets 12,216 Series A preferred shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Liberty Latin America director Curtis Miranda reported acquisitions tied to a special preferred share dividend. On June 16, 2026 he directly received 12,216 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares through a special dividend of 0.10 preferred share per common share.

On June 17, 2026 his equity awards were adjusted under anti-dilution provisions, adding 1,935 Restricted Share Units P, each representing one Series A Preference Share. These RSUs vest in three equal annual installments on March 15, 2027 and carry the same terms and conditions as the original RSUs.

Positive

  • None.

Negative

  • None.
Insider CURTIS MIRANDA
Role Director
Type Security Shares Price Value
Other Restricted Share Units P F2, F3, F4 1,935 $0.00 $0.00
Other Series A Preference Shares F1 12,216 $0.00 $0.00
Holdings After Transaction: Restricted Share Units P — 1,935 shares (Direct); Series A Preference Shares — 12,216 shares (Direct)
Footnotes (4)
  1. F1. On May 21, 2026, the Issuer announced that an authorized committee of the Issuer's board of directors declared a special dividend on each of its outstanding common shares payable on June 16, 2026 to all holders of record as of 5:00 p.m., New York City time, on June 1, 2026 consisting of a special dividend of 0.10 shares of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares (the "Preferred Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). As a result of the Dividend, the reporting person directly received 12,216 Preferred Shares.
  2. F2. Each Restricted Share Unit P ("RSU") represents a right to receive one share of the Issuer's Series A Preference Shares at settlement.
  3. F3. In connection with the Dividend, all RSUs with respect to the Issuer's common stock ("Original RSUs") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the RSU awards held by the reporting person were granted. Each holder of an Original RSU was entitled to receive an RSU with respect to a number of Preferred Shares equal to 0.10 multiplied by the number of shares of common stock underlying the Original RSU, subject to the same terms and conditions as the Original RSU. These adjustments were approved by the compensation committee of the Issuer's board of directors pursuant to Rule 16b-3.
  4. F4. The RSUs vest in three equal annual installments on March 15, 2027.
Preferred shares received 12,216 shares Series A Preferred Shares received directly via special dividend on June 16, 2026
Special dividend rate 0.10 share per common share Rate of Series A Preferred Share dividend declared by authorized committee on May 21, 2026
Initial liquidation price $25 per Preferred Share Initial liquidation price of newly issued 9.0% Series A Preferred Shares
Restricted Share Units P granted 1,935 units RSUs representing Series A Preference Shares added via anti-dilution adjustment on June 17, 2026
Preferred dividend rate 9.0% Fixed rate on the Series A Fixed Rate Cumulative Perpetual Redeemable Preferred Shares
Dividend record date and time June 1, 2026, 5:00 p.m. New York City time Record time for eligibility to receive the preferred share special dividend
Restricted Share Unit financial
"Each Restricted Share Unit P ("RSU") represents a right to receive one share"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
anti-dilution provisions financial
"RSUs were adjusted pursuant to the anti-dilution provisions of the incentive plans"
Anti-dilution provisions are contract terms that protect an investor’s percentage ownership when a company issues new shares at a lower price than the investor originally paid. They work like an automatic recalculation of split pieces when a pie gets cut into more slices, preserving the investor’s relative stake and reducing unexpected losses of ownership and voting power, which matters because it affects potential control, future returns, and valuation of an investment.
Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares financial
"newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares"
liquidation price financial
"having an initial liquidation price of $25 per Preferred Share"
Rule 16b-3 regulatory
"These adjustments were approved by the compensation committee pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transactions did Liberty Latin America (LILA) director Curtis Miranda report?

Director Curtis Miranda reported acquiring 12,216 Series A Preferred Shares via a special dividend and 1,935 Restricted Share Units P representing Series A Preference Shares. Both transactions were coded as J (other acquisition or disposition).

How many Liberty Latin America (LILA) Series A Preferred Shares did Curtis Miranda receive?

Curtis Miranda directly received 12,216 Series A Preferred Shares. These came from a special dividend of 0.10 newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Share for each common share held as of June 1, 2026.

What are the key terms of Liberty Latin America (LILA) Series A Preferred Shares mentioned here?

The filing describes newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares with an initial $25 liquidation price per share. A special dividend distributed 0.10 of these preferred shares for each outstanding common share.

How were Curtis Miranda's RSUs adjusted after Liberty Latin America (LILA)'s special dividend?

Miranda received 1,935 new Restricted Share Units P, each for one Series A Preference Share. They resulted from anti-dilution adjustments, granting 0.10 preferred-share RSU for each common-share RSU and retaining the same terms and conditions as the original RSUs.

When were the record and payment dates for Liberty Latin America (LILA)'s special preferred share dividend?

The special dividend was payable on June 16, 2026 to holders of record as of 5:00 p.m. New York City time on June 1, 2026. Eligible common shareholders received 0.10 Series A Preferred Share per common share.

What is the vesting schedule for Curtis Miranda's new RSUs tied to Liberty Latin America (LILA) preferred shares?

The filing states that the Restricted Share Units P vest in three equal annual installments on March 15, 2027. These RSUs mirror the vesting terms and other conditions of Miranda’s original RSU awards on Liberty Latin America common stock.
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*
CURTIS MIRANDA

(Last)(First)(Middle)
C/O LIBERTY LATIN AMERICA LTD.
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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
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
Series A Preference Shares06/16/2026JV12,216A$012,216(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units P(2)06/17/2026JV1,935(3) (4) (4)Series A Preference Shares1,935(3)$01,935D
Explanation of Responses:
1. On May 21, 2026, the Issuer announced that an authorized committee of the Issuer's board of directors declared a special dividend on each of its outstanding common shares payable on June 16, 2026 to all holders of record as of 5:00 p.m., New York City time, on June 1, 2026 consisting of a special dividend of 0.10 shares of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares (the "Preferred Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). As a result of the Dividend, the reporting person directly received 12,216 Preferred Shares.
2. Each Restricted Share Unit P ("RSU") represents a right to receive one share of the Issuer's Series A Preference Shares at settlement.
3. In connection with the Dividend, all RSUs with respect to the Issuer's common stock ("Original RSUs") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the RSU awards held by the reporting person were granted. Each holder of an Original RSU was entitled to receive an RSU with respect to a number of Preferred Shares equal to 0.10 multiplied by the number of shares of common stock underlying the Original RSU, subject to the same terms and conditions as the Original RSU. These adjustments were approved by the compensation committee of the Issuer's board of directors pursuant to Rule 16b-3.
4. The RSUs vest in three equal annual installments on March 15, 2027.
Remarks:
The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK, and the trading symbol for the Issuer's Series A Preference Shares is LILAP.
/s/ John M. Winter, Attorney-in-Fact07/17/2026
** 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)