Liberty Latin America director's firm buys 249K shares

Available on EDGAR 11/12/2026 - 04:11 PM EST Accepted by SEC EDGAR 11/12/2026 - 04:10 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Liberty Latin America Ltd. director Alfonso de Angoitia reported that Grenadier S.A., his wholly owned investment vehicle, purchased 249,375 Series A Preference Shares across November 9–11, 2026. The purchases were 161 shares at $20.05 on November 9, 3,722 shares at a weighted-average price of $20.2184 on November 10, and 245,492 shares at $20.30 on November 11. A separate direct holding of 14,894 shares was listed for November 9. De Angoitia may be deemed to beneficially own the securities held by Grenadier.

Insider Trade Summary

Net Buyer: 249,375 shares

Net Buy 3 txns

Insider DE ANGOITIA ALFONSO

Role Director

Bought 249,375 shs ($5.06M)

Increase in Position 52.4%

Type	Security	Shares	Price	Value
Purchase	Series A Preference Shares F1	245,492	$20.30	$4.98M
Purchase	Series A Preference Shares F2, F1	3,722	$20.2184	$75K
Purchase	Series A Preference Shares F1	161	$20.05	$3K
Holding	Series A Preference Shares	--	--	--

Holdings After Transaction: Series A Preference Shares — 725,565 shares (Indirect, By Grenadier S.A.); Series A Preference Shares — 14,894 shares (Direct)

Holdings Before and After: Series A Preference Shares, 476,190 to 725,565 shares (Indirect, By Grenadier S.A.)

Other Insiders: 1 other insider reported open-market purchases of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. The securities are held directly by Grenadier S.A., a wholly owned investment vehicle of the reporting person. The reporting person may be deemed to beneficially own the securities held by such entity.
2. F2. The price reflects a weighted average of purchases made at prices ranging from $20.0500 to $20.3000. 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.

Key Figures

Series A Preference Shares purchased: 249,375 shares Shares purchased: 161 shares Purchase price per share: $20.05 +5 more

8 metrics

Series A Preference Shares purchased 249,375 shares Aggregate reported purchases by Grenadier S.A.

Shares purchased 161 shares Grenadier S.A., November 9, 2026

Purchase price per share $20.05 November 9, 2026

Shares purchased 3,722 shares Grenadier S.A., November 10, 2026

Weighted-average purchase price per share $20.2184 November 10, 2026

Shares purchased 245,492 shares Grenadier S.A., November 11, 2026

Purchase price per share $20.30 November 11, 2026

Direct holding 14,894 shares Series A Preference Shares, November 9, 2026

Key Terms

weighted average, beneficially own

2 terms

weighted average financial

"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.

beneficially own regulatory

"may be deemed to beneficially own the securities"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LILA Series A Preference Shares did Alfonso de Angoitia report purchasing?

Grenadier S.A. purchased 249,375 shares across November 9–11, 2026. The reported purchases were 161 shares at $20.05 on November 9, 3,722 shares at a weighted-average price of $20.2184 on November 10, and 245,492 shares at $20.30 on November 11.

Who held the LILA preference shares purchased by Alfonso de Angoitia?

The shares were held directly by Grenadier S.A., a wholly owned investment vehicle of de Angoitia. He may be deemed to beneficially own the securities held by the entity.

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

Form 4 Insider Transactions: What Each Field Means →

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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

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^*

DE ANGOITIA ALFONSO

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Series A Preference Shares	11/09/2026		P		161	A	$20.05	476,351	I	By Grenadier S.A.(1)
Series A Preference Shares	11/10/2026		P		3,722	A	$20.2184(2)	480,073	I	By Grenadier S.A.(1)
Series A Preference Shares	11/11/2026		P		245,492	A	$20.3	725,565	I	By Grenadier S.A.(1)
Series A Preference Shares								14,894	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

Explanation of Responses:

1. The securities are held directly by Grenadier S.A., a wholly owned investment vehicle of the reporting person. The reporting person may be deemed to beneficially own the securities held by such entity.

2. The price reflects a weighted average of purchases made at prices ranging from $20.0500 to $20.3000. 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.

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-Fact	11/12/2026
	** 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).
** 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)