Liberty Latin America (LILA): John Malone lifts holdings to 14.1% and 31% voting power
Rhea-AI Filing Summary
John C. Malone filed Amendment No. 3 to his Schedule 13D on Liberty Latin America Ltd., reporting additional open-market purchases of 512,100 Class A common shares in June and August 2026 using cash on hand. He bought 336,706 shares at an average price of $6.9615, 17,693 shares at $6.9982, 29,873 shares at $8.4994, and 97,955 shares at $8.4694.
Following these transactions, he is deemed to beneficially own 5,439,127 Class A common shares, representing 14.1% of the Class A common shares (assuming conversion of related Class B shares) and approximately 31.0% of the issuer’s voting power, through direct holdings and several family and estate-planning trusts.
Positive
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Key Figures
Recent Class A shares purchased: 512,100 Class A common shares
Average purchase price June 25, 2026: $6.9615 per share
Average purchase price August 10, 2026: $8.4694 per share
+4 more
7 metrics
Recent Class A shares purchased
512,100 Class A common shares
Total Class A shares acquired in June and August 2026 transactions
Average purchase price June 25, 2026
$6.9615 per share
336,706 Class A shares bought by John C. Malone
Average purchase price August 10, 2026
$8.4694 per share
97,955 Class A shares bought by the Malone Trust
Beneficially owned Class A shares
5,439,127 Class A common shares
Aggregate beneficial ownership reported by John C. Malone
Ownership percentage of Class A
14.1%
Portion of outstanding Class A common shares beneficially owned
Reported voting power
31.0% of voting power
Deemed voting equity securities in director elections
Shares outstanding baseline
36.9 million Class A; 2.5 million Class B
Shares outstanding as of July 31, 2026 (and April 30, 2026 in Item 5)
Key Terms
beneficially owns, Class B common shares, revocable trust, unitrust interest, +1 more
5 terms
beneficially owns financial
"The Reporting Person beneficially owns 5,439,127 Class A common shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
revocable trust financial
"held in a revocable trust (the "LM Revocable Trust") with respect to which"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
unitrust interest financial
"the Malone Trust with respect to which the Reporting Person is a co-trustee and, with his wife, retains a unitrust interest"
Rule 13d-3 regulatory
"and, as required by Rule 13d-3 under the Act"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What change in ownership did John C. Malone report for LILA in this Schedule 13D/A?
John C. Malone reported recent purchases totaling 512,100 Class A common shares of Liberty Latin America Ltd. at prices between $6.9615 and $8.4994 per share, increasing his reported beneficial ownership to 5,439,127 Class A shares.
What percentage of Liberty Latin America (LILA) does John C. Malone now beneficially own?
John C. Malone reports beneficial ownership of 5,439,127 Class A common shares, representing 14.1% of Liberty Latin America’s Class A common shares, based on 36.9 million Class A and 2.5 million Class B shares outstanding.
How much voting power in LILA does John C. Malone report holding?
Because each Class B share carries ten votes, John C. Malone may be deemed to beneficially own voting equity securities representing approximately 31.0% of Liberty Latin America’s total voting power, assuming no conversion of Class B into Class A shares.
Through what entities does John C. Malone hold his Liberty Latin America (LILA) interests?
His reported holdings include shares owned directly, in a LM Revocable Trust, in the Malone Trust, and in two Children’s Trusts. He disclaims beneficial ownership of shares in the LM Revocable Trust and Children’s Trusts, subject to specific trustee and substitution rights.