Grupo Televisa director sells 44,500 CPOs

GRUPO TELEVISA, S.A.B. director Jose Luis Fernandez Fernandez reported mixed activity in company CPOs.

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Form Type

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. director Jose Luis Fernandez Fernandez reported mixed activity in company CPOs. He sold 44,500 CPOs in an open-market transaction at $0.57 per CPO, while also exercising rights linked to a Stock Purchase Plan for 277,500 CPOs at an exercise price of $0.09 per CPO. A trust that administers the Stock Purchase Plan carried out related sales on his behalf together with other participants. After these transactions, he directly holds 838,275 CPOs.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Fernandez Fernandez Jose Luis

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 contracts (Indirect, Stock Purchase Plan); CPOs — 838,275 shares (Direct)

Footnotes (5)

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.
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.
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.
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.
F5. Not applicable.

Key Figures

Open-market sale: 44,500 CPOs Sale price: $0.57 per CPO Derivative exercise: 277,500 CPOs +3 more

6 metrics

Open-market sale 44,500 CPOs Sold at $0.57 per CPO on May 4, 2026

Sale price $0.57 per CPO Average price for 44,500 CPOs sold

Derivative exercise 277,500 CPOs In-the-money 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 Direct ownership after reported sale and exercise

Currency conversion rate 17.5161 MXN per USD Rate used as of April 30, 2026

Key Terms

CPOs, Certificado de Participacion Ordinarios, Stock Purchase Plan, in-the-money derivative exercise, +1 more

5 terms

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

"CPOs held in Stock Purchase Plan"

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.

in-the-money derivative exercise financial

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

currency conversion rate financial

"Reflects conversion from Mexican pesos into US dollars based on the currency conversion rate of 17.5161"

FAQ

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

What insider transactions did GRUPO TELEVISA (TV) director Jose Luis Fernandez report?

He reported selling 44,500 CPOs in an open-market transaction and exercising in-the-money derivative rights tied to 277,500 CPOs from a Stock Purchase Plan, resulting in updated direct holdings after these moves.

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

He sold 44,500 CPOs at an average price of $0.57 per CPO. This sale was part of a series of transactions executed by a trust on behalf of him and similarly situated participants.

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

He exercised in-the-money derivative rights for 277,500 CPOs at an exercise price of $0.09 per CPO. These CPOs were held in a Stock Purchase Plan, which administers purchases and sales through a trust structure.

What are Jose Luis Fernandez’s GRUPO TELEVISA (TV) holdings after these transactions?

Following the reported sale and derivative exercise, his direct ownership stands at 882,775 CPOs. This figure reflects the net result of the open-market sale and the acquisition of shares from the exercised Stock Purchase Plan position.

How does the Stock Purchase Plan work for GRUPO TELEVISA (TV) directors?

A trust administers the Stock Purchase Plan, holding CPOs on behalf of directors. At vesting, the trust sells part of the CPOs to pay Ps.1.60 per CPO and delivers the remaining CPOs to the participating director.

What currency conversion rate was used in the GRUPO TELEVISA (TV) Form 4?

The filing notes a conversion from Mexican pesos to U.S. dollars using a rate of 17.5161 Mexican pesos per U.S. dollar as of April 30, 2026, which helps translate local prices into dollar terms.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/06/2026 - 05:39 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^*

Fernandez Fernandez Jose Luis

(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)

X	Director	10% 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)

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⁾	882,775	D
CPOs⁽¹⁾	05/04/2026		S		44,500	D	$0.57⁽²⁾⁽³⁾⁽⁴⁾	838,275	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 Luis Fernandez Fernandez	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