John Malone shifts Liberty Latin America share holdings
Liberty Latin America Ltd. insider John C. Malone, listed as Director Emeritus, restructured how he holds the company’s shares.
Rhea-AI Filing Summary
Liberty Latin America Ltd. insider John C. Malone, listed as Director Emeritus, restructured how he holds the company’s shares. On May 22, 2026, Liberty Capital Corporation agreed to sell to him 12,345,404 Class C and 61,059 Class A common shares at $8.63 per share, the same price Liberty Capital originally paid. After these transactions, Liberty Capital no longer beneficially owns any Liberty Latin America shares, while Malone directly holds 21,173,018 Class C and 1,876,342 Class A shares, alongside additional indirect holdings through various trusts. The filing notes that Malone disclaims beneficial ownership of certain trust-held securities for Section 16 purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
MALONE JOHN C
Role
Insider
Bought
12,406,463 shs ($107.07M)
Sold
12,406,463 shs ($107.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares | 61,059 | $8.63 | $527K |
| Purchase | Class A Common Shares | 61,059 | $8.63 | $527K |
| Sale | Class C Common Shares | 12,345,404 | $8.63 | $106.54M |
| Purchase | Class C Common Shares | 12,345,404 | $8.63 | $106.54M |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 0 shares (Indirect, by Liberty Capital Corporation);
Class A Common Shares — 1,876,342 shares (Direct);
Class C Common Shares — 0 shares (Indirect, by Liberty Capital Corporation);
Class C Common Shares — 21,173,018 shares (Direct);
Class A Common Shares — 49,729 shares (Indirect, Leslie A. Malone 1995 Revocable Trust);
Class C Common Shares — 2,011,791 shares (Indirect, By A Trust);
Class C Common Shares — 266,574 shares (Indirect, Leslie A. Malone 1995 Revocable Trust)
Footnotes (4)
- F1. Before the transactions reported herein, Liberty Capital Corporation, f/k/a GCI Liberty, Inc. ("Liberty Capital"), held 61,059 Class A common shares and 12,345,404 Class C common shares of the Issuer. The Reporting Person is Chairman of the Board of Liberty Capital and beneficially owns a majority of the voting power of Liberty Capital based on outstanding shares as of 4/30/26. On 5/22/26, Liberty Capital and the Reporting Person entered into an agreement pursuant to which the Reporting Person will purchase these shares for $8.63/share, which is the price at which Liberty Capital purchased the shares. The Reporting Person hereby disclaims beneficial ownership of all shares that were held by Liberty Capital, except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed an admission that he beneficially owned the shares prior to the completion of these transactions for purposes of Sec. 16 of the Securities Exchange Act of 1934 or any other purpose.
- F2. After the completion of the transactions described herein, GCI Liberty no longer beneficially owns any shares of the Issuer.
- F3. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.
- F4. Held by a charitable remainder unitrust of which the Reporting Person is co-trustee and, with his spouse, retains a unitrust interest in the trust.
Key Figures
Class C shares transferred: 12,345,404 shares
Class A shares transferred: 61,059 shares
Transfer price per share: $8.63 per share
+5 more
8 metrics
Class C shares transferred
12,345,404 shares
Purchased from Liberty Capital at $8.63 on May 22, 2026
Class A shares transferred
61,059 shares
Purchased from Liberty Capital at $8.63 on May 22, 2026
Transfer price per share
$8.63 per share
Price for both Class A and Class C transactions
Direct Class C holdings after
21,173,018 shares
John C. Malone direct Class C position post-transaction
Direct Class A holdings after
1,876,342 shares
John C. Malone direct Class A position post-transaction
Indirect Class C in revocable trust
266,574 shares
Leslie A. Malone 1995 Revocable Trust
Indirect Class C by another trust
2,011,791 shares
Held by a trust described as "By A Trust"
Indirect Class A in revocable trust
49,729 shares
Leslie A. Malone 1995 Revocable Trust
Key Terms
open-market purchase, open-market sale, beneficial ownership, pecuniary interest, +2 more
6 terms
open-market purchase financial
"transaction_action: "open-market purchase" for Class A and Class C shares"
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.
open-market sale financial
"transaction_action: "open-market sale" by Liberty Capital Corporation"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"The Reporting Person hereby disclaims beneficial ownership of all shares that were held by Liberty Capital"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of any indirect pecuniary interest therein"
Section 16 regulatory
"for purposes of Sec. 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
charitable remainder unitrust financial
"Held by a charitable remainder unitrust of which the Reporting Person is co-trustee"
FAQ
What happened to Liberty Capital Corporation’s Liberty Latin America holdings?
Liberty Capital Corporation no longer beneficially owns any Liberty Latin America shares after these transactions. It previously held 61,059 Class A and 12,345,404 Class C shares, which were agreed to be sold to John C. Malone at $8.63 per share on May 22, 2026.
Why does the filing mention that John C. Malone disclaims beneficial ownership?
The filing states that John C. Malone disclaims beneficial ownership of certain securities, particularly those held by Liberty Capital or specific trusts. This legal language clarifies that, for Section 16 and similar purposes, he is not deemed the beneficial owner beyond his direct and defined pecuniary interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
