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

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. director Jean Michel Enriquez Dahlhaus filed an initial ownership report showing an indirect interest in CPOs held through a Stock Purchase Plan for directors. The filing records 277,500 CPOs as the underlying securities associated with this plan-based position.

The CPOs have an exercise price of $0.0900 per CPO, which the footnotes explain was derived from converting a price of Ps.1.60 per CPO using a rate of 17.8874 Mexican pesos per US dollar. At vesting, a trust administering the plan will sell enough CPOs to pay this price and deliver the remaining CPOs to the director.

Each CPO represents a bundle of Grupo Televisa shares across several series, including Series A, B, L, and D shares, giving the position diversified exposure to the company’s equity structure through the stock purchase program.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ENRIQUEZ DAHLHAUS Jean Michel

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

Underlying CPOs: 277,500 CPOs Exercise price: $0.0900 per CPO Plan purchase price: Ps.1.60 per CPO +5 more

8 metrics

Underlying CPOs 277,500 CPOs Underlying security shares in Stock Purchase Plan

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

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

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

Series A shares per CPO 25 shares Each CPO represents 25 Series A shares

Series B shares per CPO 22 shares Each CPO represents 22 Series B shares

Series L shares per CPO 35 shares Each CPO represents 35 Series L shares

Series D shares per CPO 35 shares Each CPO represents 35 Series D shares

Key Terms

Certificado de Participacion Ordinarios ("CPO"), Stock Purchase Plan, vesting, exercise price, +1 more

5 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.

trust that administers financial

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

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^*

ENRIQUEZ DAHLHAUS Jean Michel

(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/ Jean Michel Enriquez Dahlhaus	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 did Grupo Televisa (TV) director Jean Michel Enriquez Dahlhaus report on this Form 3?

The director reported an indirect interest in 277,500 CPOs held through a Stock Purchase Plan for directors. This is an initial ownership statement, listing his plan-related position rather than showing a new market purchase or sale of Grupo Televisa securities.

How many Grupo Televisa CPOs are reported in the director’s stock purchase plan holding?

The filing shows an underlying position of 277,500 CPOs connected to the Stock Purchase Plan. This figure reflects the plan-based interest recorded on the Form 3, providing a snapshot of the director’s indirect exposure to Grupo Televisa via the program.

What is the exercise price for the Grupo Televisa CPOs in the Stock Purchase Plan?

The CPOs have an exercise price of $0.0900 per CPO, derived from a price of Ps.1.60 per CPO. The peso amount was converted to dollars using a 17.8874 MXN/USD rate as described in the filing footnotes.

How will the Grupo Televisa Stock Purchase Plan CPOs be settled at vesting?

At vesting, a trust administering the Stock Purchase Plan will sell enough CPOs to pay the Ps.1.60 per CPO purchase price. The trust will then deliver the remaining CPOs to the director, leaving him with net CPO holdings from the plan.

What does each Grupo Televisa CPO represent in terms of underlying shares?

Each CPO represents multiple underlying shares: 25 Series A, 22 Series B, 35 Series L, and 35 Series D shares of Grupo Televisa. This structure bundles several share classes into a single CPO instrument for investors.

Is this Grupo Televisa (TV) Form 3 a buy or sell transaction by the director?

The Form 3 functions as an initial ownership report, not a clear buy or sell. It records an existing indirect interest in 277,500 CPOs held through a Stock Purchase Plan, rather than reporting an open-market purchase or sale on the filing date.