Grupo Televisa (TV) director discloses 277,500 CPOs in stock purchase plan

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. director Lorenzo Alejandro Mendoza Gimenez reported his initial beneficial ownership, showing an indirect position in 277,500 CPOs held through a Stock Purchase Plan for directors. These CPOs relate to a trust that administers the plan on his behalf.

Each Certificado de Participacion Ordinarios (CPO) represents a specific combination of Series A, B, L and D shares of Grupo Televisa. At vesting, the trust will sell part of these CPOs at a price of Ps.1.60 per CPO to cover the purchase cost and will deliver the remaining CPOs to the director. The reported exercise price for the plan position is $0.0900 per CPO, derived using an exchange rate of 17.8874 Mexican pesos per US dollar.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MENDOZA GIMENEZ Lorenzo Alejandro

Role Director

Type	Security	Shares	Price	Value
holding	CPOs held in Stock Purchase Plan	--	--	--

Holdings After Transaction: CPOs held in Stock Purchase Plan — 277,500 shares (Indirect, Stock Purchase Plan)

Footnotes (1)

1. 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. 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 17.8874 Mexican Pesos per US dollar as of March 20, 2026. Not applicable

Key Figures

Indirect CPO holdings: 277,500 CPOs Exercise price: $0.0900 per CPO Plan purchase price: Ps.1.60 per CPO +1 more

4 metrics

Indirect CPO holdings 277,500 CPOs Held in Stock Purchase Plan for directors

Exercise price $0.0900 per CPO Reported exercise price for plan position

Plan purchase price Ps.1.60 per CPO Price paid by trust at vesting

FX rate used 17.8874 MXN/USD Conversion rate used to derive $0.0900 exercise price

Key Terms

Certificado de Participacion Ordinarios ("CPO"), Stock Purchase Plan, vesting, exercise price

4 terms

Certificado de Participacion Ordinarios ("CPO") financial

"Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares..."

Stock Purchase Plan financial

"CPOs held in Stock Purchase Plan"

vesting financial

"At the date of vesting, the trust that administers the Stock Purchase Plan..."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

exercise price financial

"The reported exercise price was converted into US dollars based on the currency conversion rate..."

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

Understanding Insider Trading Forms →

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^*

MENDOZA GIMENEZ Lorenzo Alejandro

(Last) (First) (Middle)

C/O GRUPO TELEVISA, S.A.B.

AV. VASCO DE QUIROGA NO. 2000

(Street)

MEXICO CITY 01210

(City) (State) (Zip)

MEXICO

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
GRUPO TELEVISA, S.A.B. [ TV ]

3a. Foreign Trading Symbol
[TLEVISACPO.MX]

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

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

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

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
CPOs held in Stock Purchase Plan(1)(2)	04/10/2026	(3)	CPOs(1)(2)	277,500	$0.09(2)	I	Stock Purchase Plan(2)

Explanation of Responses:

1. 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.

2. 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 17.8874 Mexican Pesos per US dollar as of March 20, 2026.

3. Not applicable

	/s/ Lorenzo Alejandro Mendoza Gimenez	03/30/2026
	** 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)

FAQ

What insider position did GRUPO TELEVISA (TV) disclose for Lorenzo Mendoza Gimenez?

Lorenzo Alejandro Mendoza Gimenez disclosed an indirect beneficial ownership of 277,500 CPOs of GRUPO TELEVISA, S.A.B. These are held in a Stock Purchase Plan for directors, administered by a trust acting on his behalf under the plan’s terms.

How are GRUPO TELEVISA (TV) CPOs structured for this director holding?

Each GRUPO TELEVISA Certificado de Participacion Ordinarios (CPO) represents specified numbers of Series A, B, L and D shares. The director’s 277,500 CPOs therefore correspond to an indirect interest in multiple underlying share series through the CPO structure.

What happens to the GRUPO TELEVISA (TV) CPOs at vesting under the Stock Purchase Plan?

At vesting, the trust administering the Stock Purchase Plan will sell a portion of the CPOs at Ps.1.60 per CPO to pay the purchase price, then deliver the remaining CPOs to Lorenzo Alejandro Mendoza Gimenez as his net position.

What exercise price applies to the GRUPO TELEVISA (TV) CPOs in the director’s plan?

The reported exercise price is $0.0900 per CPO. This was calculated from a price of Ps.1.60 per CPO using a currency conversion rate of 17.8874 Mexican pesos per US dollar as of the referenced date.

Is the GRUPO TELEVISA (TV) director’s CPO holding direct or indirect ownership?

The 277,500 CPOs reported for GRUPO TELEVISA are held on an indirect basis through a Stock Purchase Plan. A trust administers the plan and acts on behalf of the director, including selling some CPOs and delivering the remainder at vesting.