John C. Malone (LILA) boosts Liberty Latin America stakes with share buys and special dividend preferred
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Latin America Ltd. Director Emeritus John C. Malone reported significant net share purchases and preferred share allocations. On June 22–23, 2026, he made open‑market purchases of Class A and Class C common shares, including 1,095,072 Class A shares at about $4.9788 per share and 224,109 Class C shares at about $4.9634 per share, increasing his direct holdings to 3,371,414 Class A and 21,397,127 Class C shares. He and related trusts also bought multiple blocks of Series A Preference Shares at prices around $19.89–$20.63 per share, with some positions held indirectly through trusts. Separate "J"‑code entries reflect receipt and allocation of newly issued Series A Preferred Shares following a previously declared special dividend, including 2,305,677 Preferred Shares received directly and additional amounts credited to trusts, for which Malone disclaims beneficial ownership in part.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,657,931 shares ($27,932,059)
Net Buy
13 txns
Insider
MALONE JOHN C
Role
null
Bought
2,657,931 shs ($27.93M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preference Shares | 199,350 | $20.3942 | $4.07M |
| Purchase | Series A Preference Shares | 477,627 | $20.3623 | $9.73M |
| Purchase | Series A Preference Shares | 1,474 | $20.627 | $30K |
| Purchase | Class A Common Shares | 400,000 | $5.9202 | $2.37M |
| Purchase | Series A Preference Shares | 260,299 | $19.8922 | $5.18M |
| Purchase | Class A Common Shares | 1,095,072 | $4.9788 | $5.45M |
| Purchase | Class C Common Shares | 224,109 | $4.9634 | $1.11M |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
| Other | Series A Preference Shares | 2,305,677 | $0.00 | -- |
| Other | Series A Preference Shares | 277,872 | $0.00 | -- |
| Other | Series A Preference Shares | 105,843 | $0.00 | -- |
Holdings After Transaction:
Series A Preference Shares — 1,216,622 shares (Indirect, By a Trust);
Class A Common Shares — 3,371,414 shares (Direct, null);
Class C Common Shares — 21,397,127 shares (Direct, null);
Class A Common Shares — 49,729 shares (Indirect, Leslie A. Malone 1995 Revocable Trust);
Class C Common Shares — 2,011,791 shares (Indirect, By A Trust);
Series A Preference Shares — 2,305,677 shares (Direct, null)
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 2,305,677 Preferred Shares. 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. As a result of the Dividend, the reporting person directly received 277,872 Preferred Shares in his account. 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. As a result of the Dividend, the reporting person directly received 105,843 Preferred Shares in his account. The price reflects a weighted average of purchases made at prices ranging from $19.4800 to $20.2100. 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 $4.9350 to $4.9900. 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 $4.8850 to $4.9900. 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 $19.5475 to $20.5265. 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 $20.5600 to $20.7200. 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 $5.5550 to $6.0450 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 $19.8750 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. 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.
Key Figures
Net buy shares: 2,657,931 shares
Class A purchase: 1,095,072 shares at $4.9788
Additional Class A purchase: 400,000 shares at $5.9202
+5 more
8 metrics
Net buy shares
2,657,931 shares
Net buy/sell shares in this Form 4
Class A purchase
1,095,072 shares at $4.9788
Open-market buy on June 22, 2026
Additional Class A purchase
400,000 shares at $5.9202
Open-market buy on June 23, 2026
Class C purchase
224,109 shares at $4.9634
Open-market buy on June 22, 2026
Preferred share purchase
260,299 shares at $19.8922
Series A Preference Shares via trust on June 22, 2026
Preferred shares from dividend
2,305,677 shares
Series A Preferred Shares received directly via special dividend
Class A holding after trades
3,371,414 shares
Direct Class A position following transactions
Class C holding after trades
21,397,127 shares
Direct Class C position following transactions
Key Terms
open-market purchase, Series A Preference Shares, special dividend, 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares, +2 more
6 terms
open-market purchase financial
"transaction_action": "open-market purchase"
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
"consisting of a special dividend of 0.10 shares of newly issued 9.0%"
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.
charitable remainder unitrust financial
"Held by a charitable remainder unitrust of which the Reporting Person is co-trustee"
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities"
FAQ
What did John C. Malone report in this Liberty Latin America (LILA) Form 4?
John C. Malone reported net share purchases and preferred share allocations. He bought Class A and Class C common shares in the open market and received newly issued Series A Preferred Shares through a special dividend and related trust allocations.
How did the special dividend affect John C. Malone’s Liberty Latin America preferred holdings?
A special dividend distributed 0.10 newly issued 9.0% Series A Preferred Shares per common share. As a result, Malone directly received 2,305,677 Preferred Shares and additional Preferred Shares were credited to related trusts, some of which he disclaims beneficial ownership.
Are some of John C. Malone’s Liberty Latin America holdings indirect through trusts?
Yes. Several Series A Preference Share and common share positions are held indirectly through trusts, including a charitable remainder unitrust and the Leslie A. Malone 1995 Revocable Trust, with footnotes clarifying control, interests, and certain beneficial ownership disclaimers.