Televisa (TV) director Phillips Margain discloses direct and plan CPO holdings

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. director Guadalupe Phillips Margain filed an initial Form 3 reporting existing holdings of the company’s CPOs. She reports 605,275 CPOs held directly and an additional 277,500 CPOs held indirectly through a Stock Purchase Plan.

The plan position carries an exercise price of $0.0900 per CPO, with a trust selling enough CPOs at Ps.1.60 per CPO to pay that price and delivering the remaining CPOs to her. Each CPO represents specified numbers of Series A, B, L and D shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider PHILLIPS MARGAIN Guadalupe

Role Director

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

Holdings After Transaction: CPOs held in Stock Purchase Plan — 277,500 shares (Indirect, Stock Purchase Plan); CPOs — 605,275 shares (Direct)

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

Direct CPO holdings: 605,275 CPOs Indirect CPOs in Stock Purchase Plan: 277,500 CPOs Exercise price per CPO: $0.0900 per CPO +2 more

5 metrics

Direct CPO holdings 605,275 CPOs Total CPOs held directly following reported holdings

Indirect CPOs in Stock Purchase Plan 277,500 CPOs Underlying CPOs in director Stock Purchase Plan

Exercise price per CPO $0.0900 per CPO Exercise price for CPOs in Stock Purchase Plan

Purchase price per CPO Ps.1.60 per CPO Price paid via trust at vesting

MXN/USD conversion rate 17.8874 MXN per USD Rate used to convert Ps.1.60 into US dollars

Key Terms

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

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"

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.

beneficial ownership financial

"At the date of vesting, the trust that administers the Stock Purchase Plan for Directors, acting on behalf of the reporting person..."

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.

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

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1. Name and Address of Reporting Person^*

PHILLIPS MARGAIN Guadalupe

(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)
CPOs(1)	605,275	D

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/ Guadalupe Phllips Margain	03/31/2026
	** 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 Guadalupe Phillips Margain’s Form 3 for GRUPO TELEVISA (TV) show?

The Form 3 reports Guadalupe Phillips Margain’s existing ownership in GRUPO TELEVISA CPOs. She holds 605,275 CPOs directly and 277,500 CPOs indirectly through a Stock Purchase Plan, establishing her baseline insider position as a director.

Did Guadalupe Phillips Margain buy or sell GRUPO TELEVISA (TV) shares in this Form 3?

The filing does not report new purchases or sales; it is an initial statement of beneficial ownership. It lists her direct and indirect CPO positions, rather than documenting open-market trades or other buy or sell transactions.

How many GRUPO TELEVISA (TV) CPOs does Guadalupe Phillips Margain hold directly and indirectly?

She reports 605,275 CPOs held directly and 277,500 underlying CPOs held indirectly through a Stock Purchase Plan. Together, these figures describe her total reported CPO exposure as of the Form 3’s reporting date.

What is the exercise price under the GRUPO TELEVISA (TV) Stock Purchase Plan?

The Stock Purchase Plan position shows an exercise price of $0.0900 per CPO. A trust will sell enough CPOs at Ps.1.60 per CPO to cover this cost, then deliver the remaining CPOs to Guadalupe Phillips Margain.

How are GRUPO TELEVISA (TV) CPOs structured according to this Form 3?

Each Certificado de Participacion Ordinarios, or CPO, represents a basket of underlying shares: twenty-five Series A, twenty-two Series B, thirty-five Series L and thirty-five Series D shares of GRUPO TELEVISA, S.A.B., as described in the footnotes.

Who holds the indirect GRUPO TELEVISA (TV) CPOs for Guadalupe Phillips Margain?

The indirect CPOs are administered by a trust that runs the Stock Purchase Plan for directors. This trust acts on her behalf, selling some CPOs to fund the purchase price and delivering the remaining CPOs to her at vesting.