Grupo Televisa (NYSE: TV) advisor sells 44,500 CPOs, exercises 277,500

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. Administrative Advisor Jose Antonio Chedraui Eguia reported an open-market sale and a derivative exercise involving CPOs. On May 4, 2026, he sold 44,500 CPOs at an average price of $0.57 per CPO in an open-market transaction.

On the same date, he exercised 277,500 CPOs from a Stock Purchase Plan at $0.09 per CPO, converting plan-held derivative CPOs into directly held CPOs. Following these transactions, his direct holdings increased to 890,073 CPOs, while the Stock Purchase Plan position was reduced to zero. Each CPO represents specified numbers of Series A, B, L and D shares of Grupo Televisa.

Insider Trade Summary

Net Seller: 44,500 shares ($25,365)

Net Sell 3 txns

Insider CHEDRAUI EGUIA Jose Antonio

Role Administrative Advisor

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 — 890,073 shares (Direct, null)

Footnotes (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.

Key Figures

Open-market sale: 44,500 CPOs at $0.57 Derivative exercise: 277,500 CPOs at $0.09 Direct holdings after exercise: 890,073 CPOs +3 more

6 metrics

Open-market sale 44,500 CPOs at $0.57 Non-derivative sale on May 4, 2026

Derivative exercise 277,500 CPOs at $0.09 Exercise from Stock Purchase Plan on May 4, 2026

Direct holdings after exercise 890,073 CPOs Total direct ownership after May 4, 2026 transactions

Holdings after sale step 845,573 CPOs Direct ownership immediately following the 44,500 CPO sale

Stock Purchase Plan CPOs exercised 277,500 CPOs Underlying CPOs from plan reduced to zero after exercise

FX conversion rate 17.5161 MXN per USD Rate used for peso to dollar conversion as of April 30, 2026

Key Terms

CPOs, Stock Purchase Plan, in-the-money derivative exercise, open-market sale, +1 more

5 terms

CPOs financial

"Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares..."

Stock Purchase Plan financial

"CPOs held in Stock Purchase Plan"

in-the-money derivative exercise financial

"transaction_action": "in-the-money derivative exercise""

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Certificado de Participacion Ordinarios financial

"Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares..."

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 05:41 PM

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Jose Antonio Chedraui Eguia report at GRUPO TELEVISA (TV)?

He reported an open-market sale of CPOs and a derivative exercise. On May 4, 2026, he sold 44,500 CPOs at $0.57 each and exercised 277,500 CPOs from a Stock Purchase Plan at $0.09 per CPO.

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

He sold 44,500 CPOs in an open-market transaction at an average price of $0.57 per CPO. The sale was executed through a trust acting on his behalf together with similarly situated participants in a series of sales concluding on the transaction date.

What derivative exercise did the GRUPO TELEVISA (TV) insider complete in this Form 4?

He exercised 277,500 CPOs held in a Stock Purchase Plan at a price of $0.09 per CPO. The plan’s administering trust will sell a portion of these CPOs to pay the plan price and deliver the remaining CPOs to him.

What are Jose Antonio Chedraui Eguia’s GRUPO TELEVISA (TV) holdings after these transactions?

After the May 4, 2026 transactions, his direct ownership increased to 890,073 CPOs. The Stock Purchase Plan position related to 277,500 CPOs was reduced to zero, indicating those derivative-plan CPOs were fully exercised into underlying CPOs.

What does each GRUPO TELEVISA (TV) CPO represent according to the Form 4 footnotes?

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., combining multiple share series into a single listed participation certificate.

How were currency and pricing handled in the GRUPO TELEVISA (TV) insider filing?

The filing states that figures reflect conversion from Mexican pesos into U.S. dollars using a 17.5161 pesos per U.S. dollar rate as of April 30, 2026. The reported CPO prices of $0.57 and $0.09 are based on this conversion.