Televisa Co-CEO awarded CPO units, big convertible
GRUPO TELEVISA, S.A.B.
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Form Type
4
Rhea-AI Filing Summary
GRUPO TELEVISA, S.A.B. Co-CEO Bernardo Gómez reported compensation-related awards rather than market trades. He acquired indirect derivative interests over 12,574,570 and 12,066,300 CPO-linked units under long-term retention plans and 268,470 CPO-linked units under a stock purchase plan. He also acquired zero-coupon Mandatory Convertible Debentures that will convert in one year into 6,307,262,714 Series “A” shares at a stated conversion price of 0.0048 per share, with a total subscription price equivalent to 30,518,001 U.S. dollars, determined using a peso–dollar rate of 17.3498.
Insider Trade Summary
Grant/Award: 24,909,340 shares
Grant/Award
4 txns
Insider
Martinez Bernardo Gomez
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CPOs held in Stock Purchase Plan | 268,470 | $0.00 | $0.00 |
| Grant/Award | CPOs held in Long Term Retention Plan | 12,066,300 | $0.00 | $0.00 |
| Grant/Award | CPOs held in Long Term Retention Plan | 12,574,570 | $0.00 | $0.00 |
| Grant/Award | Mandatory Convertible Debentures | 0 | $30,518,001.00 as filed | -- |
- Price shown as filed: $30,518,001.00 per share is far above the $2.59 close on Jun 3, 2026, so no transaction value is shown.
Holdings After Transaction:
Mandatory Convertible Debentures — 6,307,262,714 contracts (Direct);
CPOs held in Stock Purchase Plan — 268,470 contracts (Indirect, Stock Purchase Plan);
CPOs held in Long Term Retention Plan — 24,640,870 contracts (Indirect, Long-Term Retention Plan)
Footnotes (7)
- F1. The zero-coupon mandatory convertible debentures (obligaciones forzosamente convertibles or "Mandatory Convertible Debentures") do not accrue interest and will be mandatorily converted into Series "A" Shares of Grupo Televisa, S.A.B.
- F2. Reflects conversion from Mexican pesos into US dollars based on the currency conversion rate of 17.3498 Mexican Pesos per US dollar as of May 29, 2026.
- F3. Represents the US dollar equivalent of the total subscription price of the Mandatory Convertible Debentures.
- F4. The subscription price of the Mandatory Convertible Debentures was determined based on market price, taking into account the volume-weighted average trading price of the ordinary participation certificates ("CPOs") during the 30 calendar days prior to the issuance of the Mandatory Convertible Debentures, divided equally by the one hundred seventeen shares represented by each CPO (consisting of 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.).
- F5. On the date that is one year following their issuance, the Mandatory Convertible Debentures will be mandatorily converted into Series "A" Shares.
- F6. Each 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.
- F7. Not applicable.
Key Figures
Long-Term Plan CPO units (1): 12,574,570 CPO-linked units
Long-Term Plan CPO units (2): 12,066,300 CPO-linked units
Stock Purchase Plan CPO units: 268,470 CPO-linked units
+4 more
7 metrics
Long-Term Plan CPO units (1)
12,574,570 CPO-linked units
Grant under Long-Term Retention Plan on June 5, 2026
Long-Term Plan CPO units (2)
12,066,300 CPO-linked units
Grant under Long-Term Retention Plan on June 5, 2026
Stock Purchase Plan CPO units
268,470 CPO-linked units
Grant under Stock Purchase Plan on June 5, 2026
Mandatory Convertible underlying shares
6,307,262,714 Series "A" shares
Shares issuable on mandatory conversion one year after June 3, 2026
Mandatory Convertible subscription price
$30,518,001
U.S. dollar equivalent of total subscription price
Conversion price per Series "A" share
$0.0048 per share
Conversion price for Mandatory Convertible Debentures
FX rate used
17.3498 MXN per USD
Currency conversion rate as of May 29, 2026
Key Terms
Mandatory Convertible Debentures, zero-coupon, volume-weighted average trading price, ordinary participation certificates ("CPOs"), +2 more
6 terms
Mandatory Convertible Debentures financial
"The zero-coupon mandatory convertible debentures ("Mandatory Convertible Debentures") do not accrue interest"
zero-coupon financial
"The zero-coupon mandatory convertible debentures ... do not accrue interest"
volume-weighted average trading price financial
"taking into account the volume-weighted average trading price of the ordinary participation certificates"
Volume-weighted average trading price (VWAP) is the average price of a stock over a trading period, where each trade’s price is weighted by how many shares changed hands, so big trades move the average more than small ones. Investors use VWAP as a benchmark to tell whether they bought or sold at a good price compared with the market’s trading activity—like checking if your grocery bill was close to the store’s typical daily average when many customers shopped.
ordinary participation certificates ("CPOs") financial
"the volume-weighted average trading price of the ordinary participation certificates ("CPOs")"
subscription price financial
"Represents the US dollar equivalent of the total subscription price of the Mandatory Convertible Debentures."
Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Grupo Televisa (TV) Co-CEO Bernardo Gómez report in this Form 4?
Bernardo Gómez reported awards of derivative interests tied to CPOs and Mandatory Convertible Debentures. These are compensation-style acquisitions, not open-market trades, and increase his exposure to Grupo Televisa equity through company plans and a large mandatory conversion instrument.
How many CPO-linked units did Bernardo Gómez receive in Grupo Televisa (TV) plans?
He received 12,574,570 and 12,066,300 CPO-linked derivative units in Long-Term Retention Plans and 268,470 CPO-linked units in a Stock Purchase Plan. All are reported as indirect holdings associated with these compensation and participation programs, not direct market purchases or sales.
What are the key terms of the Mandatory Convertible Debentures reported for Grupo Televisa (TV)?
The zero-coupon Mandatory Convertible Debentures will mandatorily convert into 6,307,262,714 Series “A” shares one year after issuance. They carry a conversion price of 0.0048 per share and a total subscription price equivalent to 30,518,001 U.S. dollars based on a stated FX rate.
Do the Mandatory Convertible Debentures for Grupo Televisa (TV) pay interest?
They are described as zero-coupon Mandatory Convertible Debentures, meaning they do not accrue interest. Instead, on the date that is one year following their issuance, they will be mandatorily converted into Series “A” shares of Grupo Televisa, S.A.B. as disclosed.
How is the subscription price for Grupo Televisa (TV) Mandatory Convertible Debentures determined?
The subscription price reflects the U.S. dollar equivalent of the total subscription amount, translated using a 17.3498 peso-per-dollar rate. It was determined based on market price using the 30-day volume-weighted average CPO trading price, divided by the 117 shares represented by each CPO.
AI-generated analysis. How Rhea-AI works. Not financial advice.
