What price was used in Nair Balan’s Liberty Latin America (LILA) share exchange?

The exchange used a price of $7.63 per share for both the Class B and Class C Common Shares. This price matched the closing share price of Liberty Latin America’s Class C Common Shares on June 29, 2026, according to the Form 4 footnote.

What share classes are involved in the Liberty Latin America (LILA) insider exchange?

The insider exchange involved Liberty Latin America’s Class B and Class C Common Shares. Nair Balan exchanged 60,000 Class B shares he held for 60,000 Class C shares held by a board member, on a one-for-one basis at $7.63 per share.

Liberty Latin CEO swaps 60K Class B and C

Liberty Latin America Ltd. director and President and CEO Nair Balan entered into an Exchange Agreement on June 29, 2026 with a board member.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Liberty Latin America Ltd. director and President and CEO Nair Balan entered into an Exchange Agreement on June 29, 2026 with a board member. He exchanged 60,000 Class B Common Shares for 60,000 Class C Common Shares at $7.63 per share, matching the Class C closing price that day, for tax planning purposes.

After the exchange, he held 3,336,798 Class C Common Shares and 501,563 Class B Common Shares directly, plus 1,139 Class C shares via an IRA and 21,640 Class C shares via a 401(k) plan. The transaction restructures his share classes without an open-market purchase or sale.

Insider Trade Summary

Other: 120,000 shares

Other 4 txns

Insider Nair Balan

Role President and CEO

Type	Security	Shares	Price	Value
Other	Class B Common Shares	60,000	$7.63	$458K
Other	Class C Common Shares	60,000	$7.63	$458K
holding	Class C Common Shares	--	--	--
holding	Class C Common Shares	--	--	--

Holdings After Transaction: Class B Common Shares — 501,563 shares (Direct); Class C Common Shares — 3,336,798 shares (Direct); Class C Common Shares — 21,640 shares (Indirect, By 401(k) Plan); Class C Common Shares — 1,139 shares (Indirect, By IRA)

Footnotes (2)

F1. Each Class B Common Share is convertible, at the holder's election, into one Class A Common Share, at any time for no consideration other than the surrender of the Class B Common Share for each Class A Common Share.
F2. On June 29, 2026, the Reporting Person entered into an Exchange Agreement with a member of the Issuer's board of directors to exchange 60,000 Class B common shares held by the Reporting Person for 60,000 Class C common shares held by the board member at a price of $7.63 per share, which was the closing share price of the Issuer's Class C common shares on June 29, 2026. The Reporting Person continues to support the Issuer's long-term business strategy, but desired to effect the exchange for tax planning purposes.

Key Figures

Share exchange size: 60,000 shares Exchange price: $7.63 per share Direct Class C holdings: 3,336,798 shares +3 more

6 metrics

Share exchange size 60,000 shares Class B exchanged for Class C on June 29, 2026

Exchange price $7.63 per share Closing price of Class C Common Shares on June 29, 2026

Direct Class C holdings 3,336,798 shares Class C Common Shares held directly after transaction

Direct Class B holdings 501,563 shares Class B Common Shares held directly after transaction

IRA Class C holdings 1,139 shares Class C Common Shares held indirectly by IRA after transaction

401(k) Class C holdings 21,640 shares Class C Common Shares held indirectly by 401(k) Plan after transaction

Key Terms

Exchange Agreement, Class B Common Share, Class C common shares, tax planning purposes, +1 more

5 terms

Exchange Agreement financial

"entered into an Exchange Agreement with a member of the Issuer's board of directors"

A written deal in which two parties agree to swap assets, securities or obligations under set terms—think of it as a formal swap or trade contract. For investors it matters because such agreements can change who owns what, alter a company’s capital structure, affect future cash flows or dilute existing shares, and therefore influence value and risk in a straightforward, contract-driven way.

Class C common shares financial

"to exchange 60,000 Class B common shares held by the Reporting Person for 60,000 Class C common shares"

tax planning purposes financial

"desired to effect the exchange for tax planning purposes"

Other acquisition or disposition financial

"transaction_code_description": "Other acquisition or disposition"

FAQ

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

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

Liberty Latin America reported that CEO Nair Balan exchanged 60,000 Class B Common Shares for 60,000 Class C Common Shares. The exchange was executed with another board member at $7.63 per share and was described as being undertaken for tax planning purposes.

How many Liberty Latin America (LILA) shares does Nair Balan hold after the exchange?

After the exchange, Nair Balan holds 3,336,798 Class C Common Shares and 501,563 Class B Common Shares directly. He also has 1,139 Class C shares through an IRA and 21,640 Class C shares through a 401(k) plan, reflecting substantial ongoing ownership.

Was the Liberty Latin America (LILA) Form 4 transaction a market buy or sell?

The Form 4 for Liberty Latin America shows an internal exchange, not a market buy or sell. Nair Balan swapped 60,000 Class B shares for 60,000 Class C shares with a board member at $7.63, categorized as an “Other acquisition or disposition.”

Why did Liberty Latin America (LILA) CEO Nair Balan exchange Class B and Class C shares?

The Form 4 states that Nair Balan completed the share exchange for tax planning purposes. He continues to support Liberty Latin America’s long-term business strategy, and the transaction rebalanced his holdings between Class B and Class C shares without changing total share count.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/01/2026 - 08:22 PM

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Shares⁽¹⁾	06/29/2026		J		60,000⁽²⁾	D	$7.63⁽²⁾	501,563	D
Class C Common Shares	06/29/2026		J		60,000⁽²⁾	A	$7.63⁽²⁾	3,336,798	D
Class C Common Shares								21,640	I	By 401(k) Plan
Class C Common Shares								1,139	I	By IRA

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Each Class B Common Share is convertible, at the holder's election, into one Class A Common Share, at any time for no consideration other than the surrender of the Class B Common Share for each Class A Common Share.

2. On June 29, 2026, the Reporting Person entered into an Exchange Agreement with a member of the Issuer's board of directors to exchange 60,000 Class B common shares held by the Reporting Person for 60,000 Class C common shares held by the board member at a price of $7.63 per share, which was the closing share price of the Issuer's Class C common shares on June 29, 2026. The Reporting Person continues to support the Issuer's long-term business strategy, but desired to effect the exchange for tax planning purposes.

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	07/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR