John Malone adds Liberty Latin America (LILA) common and preferred shares
Rhea-AI Filing Summary
Liberty Latin America Ltd. Director Emeritus John C. Malone reported open-market purchases of the company’s shares. He bought 17,693 Class A Common Shares at a weighted average price of $6.9982 per share and 336,706 Class A Common Shares at a weighted average of $6.9615, increasing his direct Class A holdings to 3,725,813 shares.
Entities associated with Malone also bought 45,300 Series A Preference Shares at a weighted average price of $20.4487 per share through a trust. The filing notes additional indirect holdings in trusts, and Malone disclaims beneficial ownership of some of these securities.
Positive
- None.
Negative
- None.
Insights
Malone made net open-market share purchases, modest relative to his existing position.
John C. Malone’s Form 4 shows net buying activity totaling 399,699 shares, all in open-market purchases. This includes Class A Common Shares at weighted-average prices around $6.96–$7.00 and Series A Preference Shares near $20.45. No derivative exercises or sales are reported.
After these trades, Malone directly holds 3,725,813 Class A Common Shares and 2,305,677 Series A Preference Shares, plus additional indirect trust holdings where he in some cases disclaims beneficial ownership. The transactions appear as incremental accumulation rather than a transformational change in ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Shares | 17,693 | $6.9982 | $124K |
| Purchase | Class A Common Shares | 336,706 | $6.9615 | $2.34M |
| Purchase | Series A Preference Shares | 45,300 | $20.4487 | $926K |
| holding | Series A Preference Shares | -- | -- | -- |
| holding | Series A Preference Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (1)
- The price reflects a weighted average of purchases made at prices ranging from $6.7650 to $7.0000. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price. The price reflects a weighted average of purchases made at prices ranging from $20.4000 to $20.4500. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price. 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. The price reflects a weighted average of purchases made at prices ranging from $6.9850 to $7.0000. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price. 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.