Liberty Latin America (LILA) CEO buys 164,914 shares and receives preferred dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Latin America Ltd. President and CEO Nair Balan reported open-market purchases of both preferred and common shares. On June 18, 2026, he bought 151,759 Class C Common Shares at a weighted average price of $4.9528 and 13,155 Series A Preference Shares at a weighted average price of $18.954.
A special dividend declared on May 21, 2026 granted him 381,753 Series A Preferred Shares directly on June 16, 2026, plus 2,164 Preferred Shares in his 401(k) account. After these transactions, he directly holds 3,276,798 Class C Common Shares and 394,908 Series A Preference Shares, alongside additional indirect holdings through a 401(k) plan and an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 164,914 shares ($1,000,972)
Net Buy
6 txns
Insider
Nair Balan
Role
President and CEO
Bought
164,914 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class C Common Shares | 151,759 | $4.9528 | $752K |
| Purchase | Series A Preference Shares | 13,155 | $18.954 | $249K |
| holding | Class C Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
| holding | Series A Preference Shares | -- | -- | -- |
| Other | Series A Preference Shares | 381,753 | $0.00 | -- |
Holdings After Transaction:
Class C Common Shares — 3,276,798 shares (Direct, null);
Series A Preference Shares — 394,908 shares (Direct, null);
Class C Common Shares — 1,139 shares (Indirect, By IRA);
Series A Preference Shares — 2,164 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- On May 21, 2026, the Issuer announced that an authorized committee of the Issuer's board of directors declared a special dividend on each of its outstanding common shares payable on June 16, 2026 to all holders of record as of 5:00 p.m., New York City time, on June 1, 2026 consisting of a special dividend of 0.10 shares of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares (the "Preferred Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). As a result of the Dividend, the reporting person directly received 381,753 Preferred Shares. The price reflects a weighted average of purchases made at prices ranging from $4.8200 to $5.0000. 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 $18.9500 to $18.9550. 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. As a result of the Dividend, the reporting person directly received 2,164 Preferred Shares in his 401(k) account.
Key Figures
Class C common purchased: 151,759 shares at $4.9528
Series A preferred purchased: 13,155 shares at $18.954
Net open-market buys: 164,914 shares
+5 more
8 metrics
Class C common purchased
151,759 shares at $4.9528
Open-market purchase on June 18, 2026
Series A preferred purchased
13,155 shares at $18.954
Open-market purchase on June 18, 2026
Net open-market buys
164,914 shares
Net buy shares in transaction summary
Preferred from special dividend
381,753 shares
Series A Preferred received directly on June 16, 2026
Direct Class C holdings
3,276,798 shares
Shares held directly after transactions
Direct Series A holdings
394,908 shares
Series A Preference Shares held directly after transactions
Special dividend rate
0.10 preferred share per common share
Declared May 21, 2026 for June 16, 2026 payment
Preferred liquidation price
$25 per Preferred Share
Initial liquidation price of Series A Preferred
Key Terms
open-market purchase, special dividend, 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares, 401(k) Plan, +2 more
6 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
special dividend financial
"declared a special dividend on each of its outstanding common shares"
A special dividend is a one-time payment made by a company to its shareholders, usually when it has accumulated excess profits or cash. It is like a bonus or a reward for investors, often signaling that the company has extra funds available. This type of dividend matters because it can indicate a company's financial health or a significant change in its cash situation.
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
IRA financial
"nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
liquidation price financial
"having an initial liquidation price of $25 per Preferred Share"
FAQ
What insider transactions did LILA CEO Nair Balan report on this Form 4?
Nair Balan reported open-market purchases of Liberty Latin America stock and receipt of preferred shares via a special dividend. He bought Class C common and Series A preference shares and also received additional preferred shares directly and in retirement accounts.
What special dividend did Liberty Latin America (LILA) pay in June 2026?
An authorized board committee declared a special dividend of 0.10 newly issued 9.0% Series A Preferred Shares per common share, with a stated initial liquidation price of $25 per preferred share, payable on June 16, 2026 to holders of record on June 1, 2026.