Liberty Latin America (LILA) director adds Series A preferred shares via dividend and market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Latin America Ltd. director Charles H. R. Bracken, through Charlouise Ltd., increased his indirect stake in the company’s Series A Preference Shares. On June 16, 2026, Charlouise Ltd. received 13,967 Series A Preference Shares via a special stock dividend of 0.10 Preferred Share per common share, with each Preferred Share having a $25 initial liquidation price and a 9.0% fixed cumulative rate. Charlouise Ltd. then made two open-market purchases of 4,900 Series A Preference Shares each at $20.50 per share on June 23, 2026 and June 24, 2026. Following these transactions, Charlouise Ltd., which is controlled by Bracken, held a total of 23,767 Series A Preference Shares indirectly for him.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,800 shares ($200,900)
Net Buy
3 txns
Insider
BRACKEN CHARLES H R
Role
null
Bought
9,800 shs ($201K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preference Shares | 4,900 | $20.50 | $100K |
| Purchase | Series A Preference Shares | 4,900 | $20.50 | $100K |
| Other | Series A Preference Shares | 13,967 | $0.00 | -- |
Holdings After Transaction:
Series A Preference Shares — 23,767 shares (Indirect, by Charlouise Ltd.)
Footnotes (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 13,967 Preferred Shares. Shares are held by Charlouise Ltd., which is controlled by the Reporting Person.
Key Figures
Open-market purchases: 9,800 shares
Purchase price: $20.50 per share
Special dividend shares: 13,967 shares
+3 more
6 metrics
Open-market purchases
9,800 shares
Series A Preference Shares bought on June 23 and 24, 2026
Purchase price
$20.50 per share
Open-market buys of Series A Preference Shares
Special dividend shares
13,967 shares
Series A Preference Shares received June 16, 2026
Liquidation price
$25 per Preferred Share
Initial liquidation price of Series A Preference Shares
Post-transaction holdings
23,767 shares
Indirect Series A Preference Shares held by Charlouise Ltd.
Dividend ratio
0.10 Preferred Share per common share
Special dividend terms for Series A Preference Shares
Key Terms
Series A Preference Shares, special dividend, 9.0% Fixed Rate Cumulative Perpetual Redeemable, indirect ownership, +1 more
5 terms
special dividend financial
"declared a special dividend on each of its outstanding common shares"
A special dividend is a one-time payment made by a company to its shareholders, usually when it has accumulated excess profits or cash. It is like a bonus or a reward for investors, often signaling that the company has extra funds available. This type of dividend matters because it can indicate a company's financial health or a significant change in its cash situation.
9.0% Fixed Rate Cumulative Perpetual Redeemable financial
"newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares"
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "by Charlouise Ltd.""
open-market purchase financial
"transaction_action: "open-market purchase" for 4,900 shares at $20.50"
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.
FAQ
What insider transactions did LILA director Charles H. R. Bracken report?
Charles H. R. Bracken reported indirect acquisitions of Liberty Latin America Series A Preference Shares. Charlouise Ltd. received 13,967 shares via a special dividend and bought 4,900 shares on each of June 23 and June 24, 2026 in open-market transactions.
What is the special dividend mentioned in the LILA Form 4 for Liberty Latin America?
Liberty Latin America declared a special dividend of 0.10 newly issued Series A Preference Share per common share. On June 16, 2026, this dividend resulted in Charlouise Ltd., controlled by director Charles H. R. Bracken, receiving 13,967 Series A Preference Shares.