Liberty Latin America (LILA) SVP Winter gets major RSU and SAR awards
Rhea-AI Filing Summary
Liberty Latin America SVP, CLO and Secretary John M. Winter reported a series of stock-based compensation transactions. On March 13, 2026, he received grants of 51,613 Restricted Share Units tied to Class A shares and 103,226 Restricted Share Units tied to Class C shares, plus 97,561 Class A Share Appreciation Rights at an exercise price of $7.58 and 195,122 Class C Share Appreciation Rights at $7.77. These awards vest in three equal annual installments on March 15 of 2027, 2028 and 2029.
On March 15, 2026, previously granted Restricted Share Units vested and were converted into 172,561 Class A and Class C common shares through derivative exercises. To cover tax obligations, 89,321 Class A and Class C shares were withheld at prices of $7.58 and $7.77. After these transactions, Winter directly holds 137,188 Class A common shares and 447,565 Class C common shares, along with indirect holdings of 176 Class C shares through an IRA and 18,147 Class C shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insights
Routine equity grants and vesting with tax withholding; no open-market trades disclosed.
The filing shows John M. Winter receiving sizeable new Restricted Share Unit and Share Appreciation Right awards in both Class A and Class C shares of Liberty Latin America Ltd.. These awards vest in three equal annual installments from 2027 through 2029, indicating a long-term incentive structure.
On March 15, 2026, earlier RSU grants vested and were settled into 172,561 common shares, while 89,321 shares were withheld at prices of $7.58 and $7.77 to satisfy tax liabilities. No open‑market purchases or sales are reported, so the net effect is an increase in his equity exposure, which remains subject to future vesting and share‑price performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units A | 16,583 | $0.00 | -- |
| Exercise | Restricted Share Units C | 33,167 | $0.00 | -- |
| Exercise | Restricted Share Units A | 20,997 | $0.00 | -- |
| Exercise | Restricted Share Units C | 41,994 | $0.00 | -- |
| Exercise | Restricted Share Units A | 19,940 | $0.00 | -- |
| Exercise | Restricted Share Units C | 39,880 | $0.00 | -- |
| Exercise | Class A Common Shares | 16,583 | $0.00 | -- |
| Tax Withholding | Class A Common Shares | 8,582 | $7.58 | $65K |
| Exercise | Class A Common Shares | 20,997 | $0.00 | -- |
| Tax Withholding | Class A Common Shares | 10,886 | $7.58 | $83K |
| Exercise | Class A Common Shares | 19,940 | $0.00 | -- |
| Tax Withholding | Class A Common Shares | 10,319 | $7.58 | $78K |
| Exercise | Class C Common Shares | 33,167 | $0.00 | -- |
| Tax Withholding | Class C Common Shares | 17,164 | $7.77 | $133K |
| Exercise | Class C Common Shares | 41,994 | $0.00 | -- |
| Tax Withholding | Class C Common Shares | 21,732 | $7.77 | $169K |
| Exercise | Class C Common Shares | 39,880 | $0.00 | -- |
| Tax Withholding | Class C Common Shares | 20,638 | $7.77 | $160K |
| Grant/Award | Restricted Share Units A | 51,613 | $0.00 | -- |
| Grant/Award | Restricted Share Units C | 103,226 | $0.00 | -- |
| Grant/Award | Share Appreciation Rights A | 97,561 | $0.00 | -- |
| Grant/Award | Share Appreciation Rights C | 195,122 | $0.00 | -- |
| holding | Class C Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
Footnotes (1)
- Each Restricted Share Unit represents a right to receive one share of the Issuer's Class A common shares or Class C common shares, as the case may be, at settlement. The RSUs vest in three equal annual installments on March 15 of 2027, 2028 and 2029. The Share Appreciation Rights vest in three equal annual installments on March 15 of 2027, 2028 and 2029. The RSUs vest in three equal annual installments on March 15 of 2024, 2025 and 2026. The RSUs vest in three equal annual installments on March 15 of 2025, 2026 and 2027. The RSUs vest in three equal annual installments on March 15 of 2026, 2027 and 2028.
