Televisa (NYSE: TV) director reports 55,000 GDSs in stock purchase plan
Rhea-AI Filing Summary
GRUPO TELEVISA, S.A.B. director David Zaslav filed an initial ownership report showing an indirect interest in 55,000 Global Depositary Shares (GDSs) held through a Stock Purchase Plan for directors. These plan‑related GDSs have an exercise price of $0.45 per GDS.
Each GDS corresponds to a financial interest in five CPOs, which in turn represent different series of Televisa shares. At vesting, the plan trust will sell enough GDSs or related CPOs at Ps.8.00 per GDS to pay the purchase price and deliver the remaining GDSs to Zaslav.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zaslav David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | GDSs held in the Stock Purchase Plan | -- | -- | -- |
Holdings After Transaction:
GDSs held in the Stock Purchase Plan — 55,000 shares (Indirect, Stock Purchase Plan)
Footnotes (3)
- F1. Each Global Depositary Share ("GDS") is entitled to a financial interest in and limited voting rights with respect to five Certificados de Participacion Ordinarios (each a "CPO"), each of which 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 GDSs or related CPOs to pay the price of Ps.8.00 per GDS and deliver the remainder of these GDSs 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 David Zaslav report in his Form 3 for GRUPO TELEVISA (TV)?
David Zaslav reports an indirect interest in 55,000 Global Depositary Shares (GDSs) held in a Stock Purchase Plan for directors. This Form 3 establishes his initial beneficial ownership position in Televisa securities linked to that director stock plan.
How are GRUPO TELEVISA GDSs structured in David Zaslav’s holdings?
Each Global Depositary Share (GDS) provides a financial interest in five CPOs, and each CPO represents specified numbers of Series A, B, L and D Televisa shares. Zaslav’s 55,000 GDSs therefore reflect an indirect interest in multiple underlying share series.
What is the exercise price and vesting price for Zaslav’s GRUPO TELEVISA GDSs?
The plan shows an exercise price of $0.45 per GDS, converted from Mexican pesos using a 17.9437 FX rate. At vesting, the plan trust will sell a portion of GDSs or CPOs at Ps.8.00 per GDS to pay this price.
How will the GRUPO TELEVISA Stock Purchase Plan deliver GDSs to David Zaslav?
When the award vests, the plan’s trust will sell enough GDSs or related CPOs to cover the Ps.8.00 per GDS purchase price. The remaining GDSs after that sale will then be delivered to David Zaslav as his net plan holdings.
Is David Zaslav’s GRUPO TELEVISA GDS position direct or indirect ownership?
The filing describes the 55,000 GDSs as held indirectly through a Stock Purchase Plan for directors. A trust administers the plan and will handle both the sale of a portion of the GDSs and the delivery of the remaining shares at vesting.