Millicom EVP Lesina holds 12,251 cash award units

Q: How are TIGO's Performance Cash Award Units valued?

Each unit represents the cash equivalent of the closing price of one common share on the last trading day preceding the vesting date, plus any dividends paid on the common share since the grant date.

The units track a common share's closing-price cash equivalent plus dividends and vest in two installments subject to continued employment.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

3/A

Rhea-AI Filing Summary

Millicom International Cellular SA's amended ownership report lists 12,251 directly held Performance Cash Award Units for Karim Antonio Lesina, an EVP, CEA Officer, as of March 18, 2026. The units were granted under the issuer's 2025 Performance Cash Award Program and reflect achievement of performance conditions at 173.41% of target. They vest in substantially equal installments on January 1, 2027 and January 1, 2028, subject to continued employment with the issuer or its subsidiaries.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lesina Karim Antonio

Role EVP, CEA Officer

Type	Security	Shares	Price	Value
holding	Performance Cash Award Units ^F1	--	--	--

Holdings After Transaction: Performance Cash Award Units — 12,251 contracts (Direct)

Footnotes (1)

F1. Each Performance Cash Award Unit ("PCA Unit") represents the cash equivalent of the closing price of one common share on the last trading day preceding the vesting date, plus any dividends paid on the common share, if any, since the grant date. The PCA Units were granted under the issuer's 2025 Performance Cash Award Program and reflect achievement of performance conditions at 173.41% of target. The PCA Units will vest in substantially equal installments on each of January 1, 2027 and January 1, 2028, subject to continued employment with the issuer or its subsidiaries. The PCA Units were inadvertently omitted from the reporting person's original Form 3 filing.

Key Figures

Performance Cash Award Units: 12,251 units Performance conditions: 173.41% of target Vesting installments: 2 substantially equal installments

3 metrics

Performance Cash Award Units 12,251 units Direct holdings reported as of March 18, 2026

Performance conditions 173.41% of target Achievement reflected in the award units

Vesting installments 2 substantially equal installments January 1, 2027 and January 1, 2028

Key Terms

Performance Cash Award Unit, 2025 Performance Cash Award Program, vesting date

3 terms

Performance Cash Award Unit financial

"Each Performance Cash Award Unit represents the cash equivalent"

2025 Performance Cash Award Program financial

"granted under the issuer's 2025 Performance Cash Award Program"

vesting date financial

"last trading day preceding the vesting date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many performance cash award units does TIGO officer Karim Antonio Lesina hold?

Karim Antonio Lesina, an EVP, CEA Officer at Millicom International Cellular SA, reported 12,251 directly held Performance Cash Award Units as of March 18, 2026.

How are TIGO's Performance Cash Award Units valued?

Each unit represents the cash equivalent of the closing price of one common share on the last trading day preceding the vesting date, plus any dividends paid on the common share since the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/13/2026 - 04:12 PM EDT Accepted by SEC EDGAR 10/13/2026 - 04:11 PM EDT

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Lesina Karim Antonio

(Last)

(First)

(Middle)

C/O MILLICOM INTERNATIONAL CELLULAR S.A.

8400 NW 36TH STREET, SUITE 530

(Street)

DORAL

FLORIDA

33166

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
MILLICOM INTERNATIONAL CELLULAR SA [ TIGO ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Cash Award Units	⁽¹⁾	⁽¹⁾	Common Shares	12,251	⁽¹⁾	D

Explanation of Responses:

1. Each Performance Cash Award Unit ("PCA Unit") represents the cash equivalent of the closing price of one common share on the last trading day preceding the vesting date, plus any dividends paid on the common share, if any, since the grant date. The PCA Units were granted under the issuer's 2025 Performance Cash Award Program and reflect achievement of performance conditions at 173.41% of target. The PCA Units will vest in substantially equal installments on each of January 1, 2027 and January 1, 2028, subject to continued employment with the issuer or its subsidiaries. The PCA Units were inadvertently omitted from the reporting person's original Form 3 filing.

	/s/ Karim Lesina	10/13/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR