Televisa (TV) Co-CEO discloses major CPO and Series A holdings

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. Co‑Chief Executive Officer Bernardo Gomez Martinez filed an initial ownership report listing his equity interests. He directly holds 43,250,765 CPOs and 13,166,166,402 Series "A" shares. He also has indirect interests in CPOs through a stock purchase plan and several long‑term retention plans with exercise prices between 0.0900 and 0.9600 and expirations from 2029 to 2031. These plans cover multiple CPO positions, including 277,500 CPOs in a stock purchase plan and 1,517,160 CPOs in one long‑term retention tranche, with additional tranches shown in the filing.

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

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1. Name and Address of Reporting Person^*

Martinez Bernardo Gomez

(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

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
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive 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)
CPOs(1)	43,250,765	D
Series "A" Shares	13,166,166,402	D(2)

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)(3)	04/10/2026	(4)	CPOs(1)(3)	277,500	$0.09(3)	I	Stock Purchase Plan(3)
CPOs held in Long-Term Retention Plan(1)(5)	04/10/2026	04/10/2029	CPOs(1)(5)	1,517,160	$0.09(5)	I	Long-Term Retention Plan(5)
CPOs held in Long-Term Retention Plan(1)(6)	04/10/2026	04/10/2029	CPOs(1)(6)	1,517,160	$0.96(6)	I	Long-Term Retention Plan(6)
CPOs held in Long-Term Retention Plan(1)(5)	04/10/2027	04/10/2030	CPOs(1)(5)	10,548,873	$0.09(5)	I	Long-Term Retention Plan(5)
CPOs held in Long-Term Retention Plan(1)(7)	04/10/2027	04/10/2030	CPOs(1)(7)	11,055,435	$0.61(7)	I	Long-Term Retention Plan(7)
CPOs held in Long-Term Retention Plan(1)(5)	04/10/2028	04/10/2031	CPOs(1)(5)	22,659,660	$0.09(5)	I	Long-Term Retention Plan(5)
CPOs held in Long-Term Retention Plan(1)(8)	04/10/2028	04/10/2031	CPOs(1)(8)	23,583,760	$0.4(8)	I	Long-Term Retention Plan(8)

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. See the Schedule 13D filed by the Reporting Person on January 5, 2026.

3. 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.

4. Not applicable.

5. 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.

6. 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.

7. 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.

8. 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.

	/s/ Bernardo Gomez Martinez	03/18/2026
	** 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 does the Form 3 for GRUPO TELEVISA (TV) report for Bernardo Gomez Martinez?

It reports Bernardo Gomez Martinez’s initial ownership in GRUPO TELEVISA. He discloses direct holdings of 43,250,765 CPOs and 13,166,166,402 Series "A" shares, plus indirect interests in CPOs through a stock purchase plan and several long‑term retention plans.

Does the GRUPO TELEVISA (TV) Form 3 show any insider buying or selling?

It does not show insider buying or selling. All nine entries are labeled as holding positions, and the transaction summary lists zero buy, sell, acquire, dispose, or exercise transactions, indicating this filing simply records existing ownership and derivative awards.

What indirect CPO interests does Bernardo Gomez Martinez report at GRUPO TELEVISA (TV)?

He reports indirect CPO interests through a stock purchase plan and long‑term retention plans. Examples include 277,500 underlying CPOs in a stock purchase plan and 1,517,160 underlying CPOs in one retention tranche, with additional larger tranches at different exercise prices and maturities.

What are the key terms of the long-term retention plans reported for GRUPO TELEVISA (TV)?

The long‑term retention plans reference CPOs with exercise prices between 0.0900 and 0.9600 and expiration dates ranging from 2029-04-10 to 2031-04-10. Each plan is held indirectly and tied to specific underlying CPO amounts.

How are CPOs defined in the GRUPO TELEVISA (TV) Form 3 footnotes?

The footnotes state each 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. This clarifies that each CPO corresponds to a bundled interest in multiple share series.

What does the stock purchase plan disclosure mean for GRUPO TELEVISA (TV)?

It shows a trust administers a Stock Purchase Plan for Directors. At vesting, the trust will sell part of the CPOs at Ps.1.60 per CPO to pay the price and deliver the remaining CPOs to the reporting person, according to the footnote description.