STOCK TITAN

Televisa (NYSE: TV) director sells CPOs and exercises 277,500 plan CPOs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. director Guadalupe Phillips Margain reported a mix of sales and exercises involving CPOs. She completed an open-market sale of 44,500 CPOs at $0.57 per CPO and exercised 277,500 CPOs from a Stock Purchase Plan at an exercise price of $0.09 per CPO. Following these transactions, she directly holds 882,775 CPOs. Each CPO represents specified numbers of Series A, B, L and D shares of Grupo Televisa. A trust that administers the Stock Purchase Plan will sell part of the vested CPOs to pay Ps.1.60 per CPO and deliver the remaining CPOs to her.

Positive

  • None.

Negative

  • None.
Insider PHILLIPS MARGAIN Guadalupe
Role null
Sold 44,500 shs ($25K)
Type Security Shares Price Value
X CPOs held in Stock Purchase Plan 277,500 $0.00 --
X CPOs 277,500 $0.09 $25K
Sale CPOs 44,500 $0.57 $25K
Holdings After Transaction: CPOs held in Stock Purchase Plan — 0 shares (Indirect, Stock Purchase Plan); CPOs — 882,775 shares (Direct, null)
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. Reflects conversion from Mexican pesos into US dollars based on the currency conversion rate of 17.5161 Mexican Pesos per US dollar as of April 30, 2026. Price is the average price of all sales described in footnote 4, which were effected by the trust on behalf of the reporting person together with several similarly situated persons, without distinction among them, in a series of sales concluding on the transaction date. 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. Not applicable.
CPOs sold 44,500 CPOs Open-market sale on 2026-05-04 at $0.57 per CPO
Sale price $0.57 per CPO Average price for 44,500 CPOs sold
CPOs exercised 277,500 CPOs In-the-money derivative exercise from Stock Purchase Plan
Exercise price $0.09 per CPO Conversion or exercise price for 277,500 CPOs
Holdings after transactions 882,775 CPOs Directly owned CPOs following reported transactions
Peso price per CPO Ps.1.60 per CPO Price paid by trust at vesting under Stock Purchase Plan
FX conversion rate 17.5161 MXN per USD Rate used to convert Mexican pesos into US dollars as of 2026-04-30
CPOs financial
"Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares"
Certificado de Participacion Ordinarios financial
"Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares"
Stock Purchase Plan financial
"the trust that administers the Stock Purchase Plan for Directors, acting on behalf"
in-the-money derivative exercise financial
"transaction_action": "in-the-money derivative exercise""
average price financial
"Price is the average price of all sales described in footnote 4"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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 CITY01210

(City)(State)(Zip)

MEXICO

(Country)
2. Issuer Name and Ticker or Trading Symbol
GRUPO TELEVISA, S.A.B. [ TV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[TLEVISACPO.MX]
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
CPOs(1)05/04/2026X277,500A$0.09(2)882,775D
CPOs(1)05/04/2026S44,500D$0.57(2)(3)(4)838,275D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
CPOs held in Stock Purchase Plan(1)$0.09(2)05/04/2026X277,50004/10/2026 (5)CPOs(1)277,500$0(2)0IStock Purchase Plan(1)
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. Reflects conversion from Mexican pesos into US dollars based on the currency conversion rate of 17.5161 Mexican Pesos per US dollar as of April 30, 2026.
3. Price is the average price of all sales described in footnote 4, which were effected by the trust on behalf of the reporting person together with several similarly situated persons, without distinction among them, in a series of sales concluding on the transaction date.
4. 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.
5. Not applicable.
/s/ Guadalupe Phillips Margain05/06/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transactions did GRUPO TELEVISA (TV) director Guadalupe Phillips Margain report?

She reported an open-market sale of 44,500 CPOs at $0.57 each and exercised 277,500 CPOs from a Stock Purchase Plan at $0.09 per CPO, ending with 882,775 CPOs held directly.

How many GRUPO TELEVISA (TV) CPOs did the director sell and at what price?

She sold 44,500 CPOs in an open-market transaction at an average price of $0.57 per CPO. The price reflects sales executed by a trust on her behalf together with similarly situated participants.

What derivative exercise did the GRUPO TELEVISA (TV) director complete?

She exercised 277,500 CPOs held in a Stock Purchase Plan via an in-the-money derivative exercise at $0.09 per CPO. These CPOs were previously held indirectly through the plan’s trust structure.

How many GRUPO TELEVISA (TV) CPOs does the director hold after these transactions?

After the reported sale and derivative exercise, she directly holds 882,775 CPOs. The derivative position in the Stock Purchase Plan related to 277,500 CPOs was reduced to zero following the exercise.

What does each GRUPO TELEVISA (TV) CPO represent in underlying shares?

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., bundling several share classes into one listed instrument.

How does the Stock Purchase Plan for GRUPO TELEVISA (TV) directors operate in this case?

A trust administering the Stock Purchase Plan for Directors will, at vesting, sell a portion of the CPOs to pay the Ps.1.60 per CPO price and then deliver the remaining CPOs directly to the reporting director.