Liberty Latin America (LILA) director exchanges 120,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Latin America director Paul A. Gould restructured his holdings by exchanging share classes with the company’s President and CEO. On June 29, 2026, he entered an Exchange Agreement to swap 60,000 Class C Common Shares for 60,000 Class B Common Shares at $7.63 per share, matching the Class C closing price that day.
This is classified as an "other acquisition or disposition" rather than a standard market buy or sell. After the exchange, Gould holds 392,370 Class C Common Shares and 68,987 Class B Common Shares directly, so his overall equity exposure remains similar while the mix between share classes changed.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GOULD PAUL A
Role
null
| 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 |
Holdings After Transaction:
Class B Common Shares — 68,987 shares (Direct, null);
Class C Common Shares — 392,370 shares (Direct, null)
Footnotes (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 the Class A common share. On June 29, 2026, the Reporting Person entered into an Exchange Agreement with the Issuer's President and CEO to exchange 60,000 Class C common shares held by the Reporting Person for 60,000 Class B common shares held by the Issuer's President and CEO 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.
Key Figures
Class C shares exchanged: 60,000 shares
Class B shares received: 60,000 shares
Exchange reference price: $7.63 per share
+3 more
6 metrics
Class C shares exchanged
60,000 shares
Exchanged on June 29, 2026
Class B shares received
60,000 shares
Exchanged on June 29, 2026
Exchange reference price
$7.63 per share
Closing price of Class C on June 29, 2026
Class C holdings after transaction
392,370 shares
Direct holdings following exchange
Class B holdings after transaction
68,987 shares
Direct holdings following exchange
Total shares restructured
120,000 shares
Class C and Class B combined in exchange
Key Terms
Form 4, Class C Common Shares, Class B common share, Exchange Agreement, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4): director transaction in Liberty Latin America Ltd."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Exchange Agreement financial
"the Reporting Person entered into an Exchange Agreement with the Issuer's President and CEO"
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.
Other acquisition or disposition regulatory
"transaction_code_description: Other acquisition or disposition for the J-code transaction"
FAQ
What insider transaction did Liberty Latin America (LILA) report for Paul A. Gould?
Liberty Latin America reported that director Paul A. Gould exchanged 60,000 Class C Common Shares for 60,000 Class B Common Shares. The swap occurred on June 29, 2026 under an Exchange Agreement with the company’s President and CEO at a reference price of $7.63 per share.
Was the Liberty Latin America (LILA) insider transaction a buy or sell?
The transaction was categorized as an "other acquisition or disposition" rather than a typical buy or sell. It reflected a restructuring exchange between share classes, leaving the director’s overall equity exposure broadly similar instead of representing an open-market purchase or sale.