QVC Group: Oaktree-managed funds sell 5,224 shares

QVC Group, Inc. (QVCG) reported that funds and accounts indirectly managed by Oaktree Capital Management, L.P. sold 5,224 common shares at $15.50 per share on August 20, 2026, in connection with the full liquidation of a separately managed account.

Rhea-AI Filing Summary

QVC Group, Inc. (QVCG) reported that funds and accounts indirectly managed by Oaktree Capital Management, L.P. sold 5,224 common shares at $15.50 per share on August 20, 2026, in connection with the full liquidation of a separately managed account. The reported position following the sale was 7,205,667 shares. The Form 4 does not report a Rule 10b5-1 plan.

Insider Trade Summary

Net Seller: 5,224 shares

Net Sell 1 txn

Insider OAKTREE CAPITAL MANAGEMENT LP, Oaktree Capital Holdings, LLC

Role 10% Owner | 10% Owner

Sold 5,224 shs ($81K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	5,224	$15.50	$81K

Holdings After Transaction: Common Stock — 7,205,667 shares (Indirect, See footnote)

Footnotes (2)

1. F1. On August 20, 2026, the Reporting Persons, in connection with the full liquidation of a separately managed account, effected a sale of 5,224 shares of Common Stock.
2. F2. The reported securities are directly held by funds and accounts which are indirectly managed by Oaktree Capital Management, L.P. ("OCM"). Oaktree Capital Holdings, LLC, as the sole managing member of the general partner of OCM, may also be deemed to beneficially own the reported securities, but each of the Reporting Persons disclaims beneficial ownership except to the extent of its pecuniary interest therein.

Key Figures

Common shares sold: 5,224 shares Price per share: $15.50 per share Reported shares following transaction: 7,205,667 shares

3 metrics

Common shares sold 5,224 shares August 20, 2026

Price per share $15.50 per share Sale on August 20, 2026

Reported shares following transaction 7,205,667 shares Following the August 20, 2026 sale

Key Terms

separately managed account, beneficial ownership, pecuniary interest

3 terms

separately managed account financial

"full liquidation of a separately managed account"

A separately managed account (SMA) is a personalized investment portfolio owned by a single investor and run by a professional manager who buys and sells securities on that investor’s behalf. It matters to investors because an SMA offers tailored asset selection, tax handling, and transparency—like hiring a personal chef who prepares meals to your dietary needs rather than sharing a set menu—so you can align holdings with your goals and see exactly what you own.

beneficial ownership financial

"disclaims beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of its pecuniary interest therein"

FAQ

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How many QVCG shares were sold, and at what price?

Funds and accounts indirectly managed by Oaktree Capital Management, L.P. sold 5,224 shares at $15.50 per share on August 20, 2026, in connection with the full liquidation of a separately managed account. The Form 4 does not report a Rule 10b5-1 plan.

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Available on EDGAR 10/15/2026 - 06:59 PM EDT Accepted by SEC EDGAR 10/15/2026 - 06:58 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

OAKTREE CAPITAL MANAGEMENT LP

(Last) (First) (Middle)

C/O OAKTREE CAPITAL MANAGEMENT, L.P.

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CALIFORNIA 90071

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
QVC Group, Inc. [ QVCG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/20/2026		S		5,224	D	$15.5(1)	7,205,667	I	See footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

OAKTREE CAPITAL MANAGEMENT LP

(Last) (First) (Middle)

C/O OAKTREE CAPITAL MANAGEMENT, L.P.

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CALIFORNIA 90071

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Oaktree Capital Holdings, LLC

(Last) (First) (Middle)

C/O OAKTREE CAPITAL MANAGEMENT, L.P.

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CALIFORNIA 90071

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. On August 20, 2026, the Reporting Persons, in connection with the full liquidation of a separately managed account, effected a sale of 5,224 shares of Common Stock.

2. The reported securities are directly held by funds and accounts which are indirectly managed by Oaktree Capital Management, L.P. ("OCM"). Oaktree Capital Holdings, LLC, as the sole managing member of the general partner of OCM, may also be deemed to beneficially own the reported securities, but each of the Reporting Persons disclaims beneficial ownership except to the extent of its pecuniary interest therein.

	Oaktree Capital Management, L.P., By: /s/ Henry Orren, Managing Director	10/15/2026
	Oaktree Capital Holdings, LLC, By: /s/ Henry Orren, Managing Director	10/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)