Liberty Latin America (LILA) SVP acquires Class C and preferred shares
Rhea-AI Filing Summary
Aamir Hussain, SVP of Liberty Latin America Ltd., reported equity acquisitions tied to the company’s Employee Stock Purchase Plan on June 30, 2026. He acquired 833 Class C common shares as an ESPP match benefit at no cost, 2,500 Class C shares at $7.32 per share under the ESPP’s look-back feature, and 83 Series A Preference Shares as an additional match benefit, increasing his direct Series A holdings to 60,853 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,416 shares
Net Buy
3 txns
Insider
Hussain Aamir
Role
SVP, CT&PO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Common Shares F1 | 833 | $0.00 | $0.00 |
| Grant/Award | Class C Common Shares F2, F3 | 2,500 | $7.32 | $18K |
| Other | Series A Preference Shares F4 | 83 | $0.00 | $0.00 |
Holdings After Transaction:
Class C Common Shares — 397,087 shares (Direct);
Series A Preference Shares — 60,853 shares (Direct)
Footnotes (4)
- F1. These shares were acquired pursuant to the "match benefit" of ESPP in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2. These shares were acquired under the Liberty Latin America Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F3. The Employee Stock Purchase Plan's "look-back" feature was used to determine the purchase price for these shares. The "look-back" feature compares the closing price of the Issuer's Class C common shares on the first and last trading days of the January 1 - June 30, 2026 contribution period, with the lower of the two being used to determine the purchase price.
- F4. These Preferred Shares were acquired pursuant to the "match benefit" of the Liberty Latin America Employee Stock Purchase Plan and were issued at a rate of 0.10 Preferred Shares for each matching share of the Issuer's common stock credited to the reporting person under the plan. This transaction was exempt under Rule 16a-9.
Key Figures
Class C ESPP match shares: 833 Class C Common Shares
Class C ESPP purchase: 2,500 Class C Common Shares
ESPP purchase price: $7.32 per share
+4 more
7 metrics
Class C ESPP match shares
833 Class C Common Shares
Acquired June 30, 2026 via ESPP match benefit at no cost
Class C ESPP purchase
2,500 Class C Common Shares
Acquired June 30, 2026 under Employee Stock Purchase Plan
ESPP purchase price
$7.32 per share
Price for 2,500 Class C shares using ESPP look-back feature
Series A match shares
83 Series A Preference Shares
Acquired June 30, 2026 as ESPP match benefit
Series A holdings after transaction
60,853 Series A Preference Shares
Direct holdings reported following June 30, 2026 acquisition
Match benefit rate
0.10 Series A per matching common share
Issuance rate for Series A Preference Shares under ESPP match
ESPP contribution period
January 1 – June 30, 2026
Look-back feature compares closing prices on first and last trading days
Key Terms
Employee Stock Purchase Plan, match benefit, look-back feature, Rule 16b-3(d), +1 more
5 terms
Employee Stock Purchase Plan financial
"Shares were acquired under the Liberty Latin America Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
match benefit financial
"Shares were acquired pursuant to the match benefit of the Employee Stock Purchase Plan."
look-back feature financial
"The Employee Stock Purchase Plan's look-back feature compared closing prices on two dates."
Rule 16b-3(d) regulatory
"These shares were acquired in transactions exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16a-9 regulatory
"The preferred share match benefit transaction was exempt under Rule 16a-9."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the ESPP match benefit mentioned for Liberty Latin America (LILA) insider Aamir Hussain?
Hussain received 833 Class C shares and 83 Series A Preference Shares as a match benefit under Liberty Latin America’s Employee Stock Purchase Plan, with the preferred shares issued at 0.10 Series A share for each matching common share credited.
Were Aamir Hussain’s Liberty Latin America (LILA) ESPP transactions exempt under SEC rules?
Yes. The Class C ESPP acquisitions were exempt under Rule 16b-3(d) and Rule 16b-3(c), while the Series A Preference Share match benefit transaction was exempt under Rule 16a-9, as described in the accompanying explanatory notes.