QVC INC SEC Filings

GoldenTree Asset Management entities and Steven A. Tananbaum report beneficial ownership of 8,561,765 shares of QVC Group, Inc. common stock, representing 17.1% of the outstanding class based on 49,999,897 shares outstanding as of August 6, 2026.

The position arose mainly from QVC Group’s prepackaged chapter 11 plan of reorganization, under which GoldenTree-related funds received 7,867,869 shares, plus prior purchases of 19,767 shares at $10.25 and additional open-market purchases of 674,129 shares for $10,342,125.28. GoldenTree may buy or sell more shares and is considering a range of potential strategic actions, and holds governance and registration rights through Stockholder and Registration Rights Agreements.

GoldenTree Asset Management and related reporting persons filed an amended initial ownership statement for QVC Group, Inc. as of August 5, 2026. The filing reports 7,887,636 shares of Common Stock held indirectly through certain funds and separate accounts managed by GoldenTree, for which they may be deemed to have a pecuniary interest but disclaim beneficial ownership.

Silver Point Capital L.P., as investment manager for several funds holding QVC Group, Inc. common stock, reported a sale of 50,000 shares on 2026-08-11 at $17.50 per share. Following this transaction, the funds collectively reported holding 8,621,044 shares of common stock. Edward A. Mule and Robert J. O'Shea, as members of Silver Point Capital Management, may be deemed beneficial owners but each disclaims beneficial ownership except to the extent of his pecuniary interests.

A holder of QVCCQ common stock filed to sell up to 50,000 shares through BTIG, LLC on or after August 11, 2026, with an aggregate market value of $875,000, on Nasdaq. The issuer lists 50,000,000 shares outstanding of this class. The securities were acquired in connection with the issuer’s emergence from bankruptcy on August 6, 2026, in satisfaction of bankruptcy claims, and 8,671,044 shares of common stock were sold in the prior three months tied to that emergence and claim satisfaction.

GoldenTree-managed funds reported indirect open-market purchases of QVC Group, Inc. common stock totaling 650,808 shares between August 7 and August 11, 2026, at prices ranging from $15.00 to $15.75 per share. The Advisor, its general partner, and Steven A. Tananbaum may be deemed to have a pecuniary interest but disclaim beneficial ownership, with the securities held directly by certain funds and separate accounts they manage.

QVC Group, Inc. has emerged from a prepackaged chapter 11 process after the Bankruptcy Court confirmed its reorganization plan, with press materials stating total debt was reduced by more than $5 billion. On the Plan Effective Date of August 6, 2026, the company issued $1,240,362,247 of 10.000% First Lien Senior Secured Notes due 2032 and borrowed $84,637,736.20 in first lien senior secured term loans, alongside a new three-year, asset-based revolving credit facility of up to $600.0 million for working capital and general corporate purposes.

All outstanding shares of Old QVC Group’s common and preferred stock and other equity interests were cancelled for no value, and the company issued approximately 21,430,005 shares of new common stock to QVC Notes claimholders and approximately 28,569,892 shares to revolving credit facility claimholders, who together hold 100% of the new common stock, subject to dilution from post‑effective date equity incentive plans. A new charter now authorizes 650,000,000 shares of common stock and 50,000,000 shares of preferred stock and updates governance, including a board capped at nine directors.

Leadership was reconstituted: President and CEO David Rawlinson departed, and industry veteran Mike George became Interim Chief Executive Officer and Chair of the Board. His compensation includes a $1,500,000 annual base salary as Interim CEO, a target bonus equal to 100% of salary, and a $5,000,000 initial equity award of time‑ and performance‑vesting restricted stock units tied to stock‑price performance hurdles.

Silver Point Capital L.P. and principals Edward A. Mule and Robert J. O'Shea report initial ownership in QVC Group, Inc. as ten percent owners. Funds managed by Silver Point are shown as beneficially owning 8,671,044 shares of common stock. Mule and O'Shea may be deemed beneficial owners through their roles in the management entity but disclaim ownership beyond their pecuniary interests.

QVC Group, Inc. has a new Form 3 reporting indirect ownership of 7,867,869 shares of common stock by investment funds and separate accounts managed by GoldenTree Asset Management LP. GoldenTree Asset Management LP, GoldenTree Asset Management LLC, and Steven A. Tananbaum are listed as 10% owners but disclaim beneficial ownership of the securities held by the funds.

QVC Group, Inc. has an initial insider ownership report listing Strategic Value Partners, LLC, related investment entities, and Victor Khosla as ten percent owners of common stock, par value $0.01 per share, held indirectly through funds they manage.

The shares are held by vehicles including Strategic Value Special Situations VI MF, L.P., Strategic Value Excelsior Fund, L.P., and Strategic Value Capital Solutions II MF L.P. Strategic Value Partners, indirectly controlled by Victor Khosla, is managing member of the funds’ managers, and the reporting parties disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.