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  4. [Form 4] GRUPO TELEVISA, S.A.B. Insider Trading Activity

Grupo Televisa (NYSE: TV) director exercises CPOs and sells shares

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

Rhea-AI Filing Summary

Grupo Televisa, S.A.B. director Guadalupe Phillips Margain exercised rights under the directors’ Stock Purchase Plan, converting 277,500 CPOs at an exercise price of $0.09 per CPO into directly held CPOs on May 4, 2026. She then sold 44,500 CPOs at an average price of $0.57 per CPO. After these transactions she directly holds 838,275 CPOs.

Positive

  • None.

Negative

  • None.
Insider PHILLIPS MARGAIN Guadalupe
Role Director
Sold 44,500 shs ($25K)
Approx. gross sale proceeds $25K
Approx. exercise cost $25K
Type Security Shares Price Value
In-the-Money Exercise CPOs held in Stock Purchase Plan 277,500 $0.00 $0.00
In-the-Money Exercise 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 — 838,275 shares (Direct)
Footnotes (5)
  1. F1. 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. F2. 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. F3. 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. F4. 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. F5. Not applicable.
CPOs Exercised 277,500 CPOs CPOs converted from Stock Purchase Plan derivative position on May 4, 2026
Exercise Price $0.09 per CPO Exercise of in-the-money derivative rights under Stock Purchase Plan
CPOs Sold 44,500 CPOs Non-derivative sale reported on May 4, 2026
Sale Price $0.57 per CPO Average price of the CPO sales concluding on the transaction date
Post-Transaction Holding 838,275 CPOs Direct CPO ownership after reported exercise and sale transactions
Currency Conversion Rate 17.5161 Mexican pesos per US dollar Rate used to convert Mexican peso prices into US dollars as of April 30, 2026
Certificado de Participacion Ordinarios ("CPO") financial
"Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares"
Stock Purchase Plan for Directors financial
"the trust that administers the Stock Purchase Plan for Directors, acting on behalf of the reporting person"
currency conversion rate financial
"conversion from Mexican pesos into US dollars based on the currency conversion rate of 17.5161"
Series "A" Shares financial
"represents twenty-five Series "A" Shares, twenty-two Series "B" Shares, thirty-five Series "L" Shares"

FAQ

What did Televisa (TV) director Guadalupe Phillips Margain exercise in this Form 4?
Guadalupe Phillips Margain exercised rights under the directors’ Stock Purchase Plan, converting 277,500 CPOs at an exercise price of $0.09 per CPO into directly held CPOs on May 4, 2026, as reported in the Form 4.

How many Grupo Televisa (TV) CPOs did the director sell and at what price?
She sold 44,500 CPOs in a non-derivative transaction on May 4, 2026 at an average price of $0.57 per CPO, reflecting sales concluded on that date as part of the reported insider trading activity.

What is Guadalupe Phillips Margain’s remaining Televisa (TV) CPO holding?
Following the exercise and sale transactions, Guadalupe Phillips Margain directly holds 838,275 CPOs. This post-transaction balance is reported as her canonical direct ownership position in CPOs after the May 4, 2026 trades.

How are Grupo Televisa (TV) CPOs defined in this Form 4 filing?
Each CPO (Certificado de Participacion Ordinarios) represents baskets of Televisa shares: twenty-five Series A, twenty-two Series B, thirty-five Series L and thirty-five Series D shares, giving economic exposure to multiple share classes through a single security.

What currency conversion detail is disclosed for Televisa (TV) prices?
A footnote explains prices reflect conversion from Mexican pesos into US dollars, using a currency conversion rate of 17.5161 Mexican pesos per US dollar as of April 30, 2026, providing context for the dollar-denominated per-CPO figures.

How does the Televisa (TV) Stock Purchase Plan for Directors operate?
Under the directors’ Stock Purchase Plan, a trust sells a portion of CPOs at Ps.1.60 per CPO to pay the purchase price and delivers the remaining CPOs to the director at vesting, combining plan financing with an equity award structure.

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Form 4 Insider Transactions: What Each Field Means →
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)

Source: View Original Filing on SEC EDGAR