Televisa (TV) director Michael T. Fries reports CPO and plan holdings
Rhea-AI Filing Summary
GRUPO TELEVISA, S.A.B. director Michael T. Fries filed an initial Form 3 reporting his holdings of the company’s CPOs. He reports 605,275 CPOs held directly and an additional position through a director Stock Purchase Plan.
The Stock Purchase Plan position covers 277,500 underlying CPOs with an exercise price of $0.0900 per CPO. A trust that administers the plan will sell part of these CPOs at vesting to pay the plan price of Ps.1.60 per CPO, delivering the remaining CPOs to him.
Positive
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FRIES MICHAEL T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | CPOs held in the Stock Purchase Plan | -- | -- | -- |
| holding | CPOs | -- | -- | -- |
Holdings After Transaction:
CPOs held in the Stock Purchase Plan — 277,500 shares (Indirect, Stock Purchase Plan);
CPOs — 605,275 shares (Direct)
Footnotes (3)
- F1. Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares, twenty-two Series "B" Shares, thirty-five Series "L" Shares and thirty-five Series "D" Shares of Grupo Televisa, S.A.B.
- F2. At the date of vesting, the trust that administers the Stock Purchase Plan for Directors, acting on behalf of the reporting person, will sell a portion of these CPOs to pay the price of Ps.1.60 per CPO and deliver the remainder of these CPOs to the reporting person. The reported exercise price was converted into US dollars based on the currency conversion rate of 17.9437 Mexican Pesos per US dollar as of March 13, 2026.
- F3. Not applicable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Michael T. Fries report on his Grupo Televisa (TV) Form 3?
He reports his initial beneficial ownership of Grupo Televisa CPOs, including direct and Stock Purchase Plan holdings. This filing establishes his starting position as a director rather than signaling a new purchase or sale of shares.
How many Grupo Televisa (TV) CPOs does Michael T. Fries hold directly?
He reports direct ownership of 605,275 CPOs. This figure reflects his personal holdings outside the director Stock Purchase Plan and forms part of his overall economic exposure to Grupo Televisa as disclosed in the Form 3 filing.
What is disclosed about Michael T. Fries’ Stock Purchase Plan in Grupo Televisa (TV)?
He has an indirect position in CPOs through the director Stock Purchase Plan, covering 277,500 underlying CPOs. These are administered by a trust that handles vesting, payment of the plan price, and eventual delivery of remaining CPOs to him.
What is the exercise price for Michael T. Fries’ Stock Purchase Plan CPOs at Grupo Televisa (TV)?
The reported exercise price is $0.0900 per CPO, derived from a plan price of Ps.1.60 converted using a stated exchange rate. This price applies to the 277,500 underlying CPOs in the director Stock Purchase Plan.
How will the Grupo Televisa (TV) Stock Purchase Plan CPOs be settled for Michael T. Fries?
At vesting, the administering trust will sell part of the CPOs to pay the Ps.1.60 per CPO plan price. The remaining CPOs will then be delivered to Michael T. Fries, giving him net share ownership after the purchase price is covered.