Grupo Televisa advisor exercises and sells CPOs

Grupo Televisa, S.A.B.

Rhea-AI Filing Summary

Grupo Televisa, S.A.B. Administrative Advisor Jose Antonio Chedraui Eguia exercised 277,500 CPOs from a Stock Purchase Plan at $0.09 per CPO, then sold 44,500 CPOs at $0.57 per CPO on May 4, 2026. After these trades he holds 845,573 CPOs directly.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider CHEDRAUI EGUIA Jose Antonio

Role Administrative Advisor

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 contracts (Indirect, Stock Purchase Plan); CPOs — 845,573 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.

Key Figures

CPOs exercised: 277500.0000 CPOs Exercise price per CPO: $0.0900 per CPO CPOs sold: 44500.0000 CPOs +3 more

6 metrics

CPOs exercised 277500.0000 CPOs Exercised from Stock Purchase Plan on 2026-05-04

Exercise price per CPO $0.0900 per CPO Price for exercised CPOs from Stock Purchase Plan

CPOs sold 44500.0000 CPOs Non-derivative sale on 2026-05-04

Sale price per CPO $0.5700 per CPO Average price for the reported CPO sale transaction

Post-transaction direct holdings 845,573 CPOs Direct CPO position after all reported transactions

FX rate used 17.5161 Mexican Pesos per US dollar Conversion rate as of April 30, 2026 for price reporting

Key Terms

Certificado de Participacion Ordinarios ("CPO"), Stock Purchase Plan, vesting, trust

4 terms

Certificado de Participacion Ordinarios ("CPO") 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 of the reporting person..."

A stock purchase plan is a company-run program that lets employees or qualifying investors buy the company’s shares regularly, often through paycheck deductions and sometimes at a discounted price or with matching contributions. It matters because it encourages ownership—like a workplace discount for buying company products—aligning interests between holders and managers, while affecting share supply and potential value for outside investors.

vesting financial

"At the date of vesting, the trust that administers the Stock Purchase Plan for Directors..."

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.

trust financial

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

A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider share activity did Grupo Televisa (TV) report for Jose Antonio Chedraui Eguia?

Administrative Advisor Jose Antonio Chedraui Eguia exercised 277,500 CPOs from a Stock Purchase Plan at $0.09 per CPO and sold 44,500 CPOs at $0.57 per CPO on May 4, 2026, leaving a substantial direct holding.

How many Grupo Televisa (TV) CPOs were exercised and at what price?

He exercised 277,500 CPOs linked to a Stock Purchase Plan, with an exercise price of $0.09 per CPO. These exercises converted derivative plan interests into direct CPO ownership in the company’s capital structure on May 4, 2026.

How many Grupo Televisa (TV) CPOs did Jose Antonio Chedraui Eguia sell, and at what price?

He sold 44,500 CPOs in a sale transaction at an average price of $0.57 per CPO on May 4, 2026. This was reported as a non-derivative sale in an open market or private transaction.

What are Jose Antonio Chedraui Eguia’s Grupo Televisa (TV) CPO holdings after these transactions?

Following the reported exercise and sale, his direct position is 845,573 CPOs. The derivative entry for CPOs held in the Stock Purchase Plan shows 0 CPOs remaining after the exercise, indicating those plan holdings were fully settled.

Were these Grupo Televisa (TV) trades made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is unchecked, indicating the transactions were not affirmed as being made under a Rule 10b5-1 trading plan. Footnotes instead describe the mechanics of the Stock Purchase Plan and related trust administration.

What does each Grupo Televisa (TV) CPO represent in underlying shares?

Each CPO represents 25 Series "A" Shares, 22 Series "B" Shares, 35 Series "L" Shares and 35 Series "D" Shares of Grupo Televisa, S.A.B., giving holders exposure to multiple share series through a single CPO instrument.

What currency conversion rate was used in reporting Grupo Televisa (TV) CPO prices?

A footnote states prices reflect conversion from Mexican pesos into US dollars using a rate of 17.5161 Mexican pesos per US dollar as of April 30, 2026. This rate underpins the reported per-CPO US dollar values.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/06/2026 - 05:41 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

CHEDRAUI EGUIA Jose Antonio

(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. Issuer Name and Ticker or Trading Symbol
GRUPO TELEVISA, S.A.B. [ TV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Administrative Advisor

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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
CPOs(1)	05/04/2026		X		277,500	A	$0.09(2)	890,073	D
CPOs(1)	05/04/2026		S		44,500	D	$0.57(2)(3)(4)	845,573	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
CPOs held in Stock Purchase Plan(1)	$0.09(2)	05/04/2026		X			277,500	04/10/2026	(5)	CPOs(1)	277,500	$0(2)	0	I	Stock 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/ Jose Antonio Chedraui Eguia	05/06/2026
	** 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 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)