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.

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^*

Zaslav David

(Last) (First) (Middle)

C/O WARNER BROS. DISCOVERY, INC.

230 PARK AVENUE SOUTH

(Street)

NEW YORK NEW YORK 10003

(City) (State) (Zip)

UNITED STATES

(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
	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
GDSs held in the Stock Purchase Plan(1)(2)	04/10/2026	(3)	GDSs(1)(2)	55,000	$0.45(2)	I	Stock Purchase Plan(1)(2)

Explanation of Responses:

1. 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.

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 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.

3. Not applicable.

	/s/ Carlos Javier Luevanos Ortiz De Rosas, attorney in fact for David Zaslav	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 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.