Grupo Televisa officer sells 225K CPOs after exercise

GRUPO TELEVISA, S.A.B. officer Francisco Valim exercised and sold compensation-linked CPOs.

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. officer Francisco Valim exercised and sold compensation-linked CPOs. He exercised 225,000 CPOs from a Long Term Retention Plan at a stated exercise price of 0.0900 per CPO, then sold 225,000 CPOs in an open-market transaction at 0.5700 per CPO.

Following these transactions, he reported holding no CPOs directly. A footnote states the sale price reflects a volume weighted average, with actual prices ranging from 9.9100 to 9.9900 Mexican Pesos per CPO and a currency conversion rate of 17.3969 Mexican Pesos per US dollar as of May 1, 2026.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Valim Francisco

Role See remarks

Sold 225,000 shs ($128K)

Approx. gross sale proceeds $128K

Approx. exercise cost $20K

Type	Security	Shares	Price	Value
In-the-Money Exercise	CPOs held in Long Term Retention Plan	225,000	$0.00	$0.00
In-the-Money Exercise	CPOs	225,000	$0.09	$20K
Sale	CPOs	225,000	$0.57	$128K

Holdings After Transaction: CPOs held in Long Term Retention Plan — 0 contracts (Direct); CPOs — 0 shares (Direct)

Footnotes (3)

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. The reported amount was converted into US dollars based on the currency conversion rate of 17.3969 Mexican Pesos per US dollar as of May 1, 2026.
3. F3. Price is the volume weighted average selling price of all sales by the reporting person on the transaction date. Actual prices ranged from 9.9100 Mexican Pesos to 9.9900 Mexican Pesos. The reporting person hereby undertakes to provide upon request of the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Key Figures

CPOs exercised: 225,000 CPOs Exercise price per CPO: 0.0900 per CPO CPOs sold: 225,000 CPOs +4 more

7 metrics

CPOs exercised 225,000 CPOs Exercised from Long Term Retention Plan as in-the-money derivatives

Exercise price per CPO 0.0900 per CPO Reported exercise price for 225,000 CPOs

CPOs sold 225,000 CPOs Open-market sale on 2026-05-06

Sale price per CPO 0.5700 per CPO Reported transaction price for open-market sale

Price range in MXN 9.9100–9.9900 MXN Actual sale prices underlying volume weighted average

FX conversion rate 17.3969 MXN per USD Conversion rate as of May 1, 2026

Shares after sale 0 CPOs Total CPOs following reported open-market sale

Key Terms

CPOs, Long Term Retention Plan, volume weighted average selling price, currency conversion rate, +1 more

5 terms

CPOs financial

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

Long Term Retention Plan financial

"CPOs held in Long Term Retention Plan"

volume weighted average selling price financial

"Price is the volume weighted average selling price of all sales by the reporting person..."

currency conversion rate financial

"converted into US dollars based on the currency conversion rate of 17.3969 Mexican Pesos per US dollar..."

in-the-money derivative exercise financial

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

FAQ

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

What insider transaction did GRUPO TELEVISA (TV) officer Francisco Valim report?

Francisco Valim reported exercising and selling CPOs. He exercised 225,000 CPOs from a Long Term Retention Plan and then sold 225,000 CPOs in an open-market transaction, leaving him with no directly held CPOs after the reported trades.

How many GRUPO TELEVISA (TV) CPOs did Francisco Valim sell in this Form 4?

He sold 225,000 CPOs. These sales were reported as open-market transactions. The reported transaction price per CPO was 0.5700, with a footnote describing a volume weighted average price and a detailed price range in Mexican Pesos.

What exercise price applied to Francisco Valim’s GRUPO TELEVISA (TV) CPOs?

The reported exercise price was 0.0900 per CPO. This applied to 225,000 CPOs held under a Long Term Retention Plan and exercised as in-the-money derivative securities before the subsequent open-market sale of the same number of CPOs.

What sale price range in Mexican Pesos is disclosed for GRUPO TELEVISA (TV) CPOs?

A footnote states the volume weighted average selling price reflects individual trades ranging from 9.9100 to 9.9900 Mexican Pesos per CPO. This range describes the actual execution prices underlying the reported average sale price for the CPO transactions.

What currency conversion rate is mentioned in the GRUPO TELEVISA (TV) Form 4 footnotes?

The filing references a conversion rate of 17.3969 Mexican Pesos per US dollar as of May 1, 2026. This rate was used to convert reported amounts into US dollars for disclosure, providing a consistent exchange benchmark for the transaction values.

Does Francisco Valim retain any GRUPO TELEVISA (TV) CPOs after the reported transactions?

After these transactions, the Form 4 shows 0 CPOs following the sale entry. This indicates that the 225,000 CPOs exercised from the Long Term Retention Plan were fully sold, leaving no directly reported CPO holdings for the officer in this filing.

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

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Accepted by SEC EDGAR 05/07/2026 - 09:40 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^*

Valim Francisco

(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)
	See remarks

2a. Foreign Trading Symbol
[TLEVISACPO.MX]

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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)	05/06/2026		X		225,000	A	$0.09(2)	225,000	D
CPOs(1)	05/06/2026		S		225,000	D	$0.57(2)(3)	0	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 Long Term Retention Plan(1)(2)	$0.09(2)	05/07/2026		X			225,000	04/10/2026	04/10/2029	CPOs(1)(2)	225,000	$0(2)	0	D

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. The reported amount was converted into US dollars based on the currency conversion rate of 17.3969 Mexican Pesos per US dollar as of May 1, 2026.

3. Price is the volume weighted average selling price of all sales by the reporting person on the transaction date. Actual prices ranged from 9.9100 Mexican Pesos to 9.9900 Mexican Pesos. The reporting person hereby undertakes to provide upon request of the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Remarks:

Mr. Valim is the Chief Executive Officer of izzi, Grupo Televisa, S.A.B.'s cable company, and on that basis he may be considered an officer of Grupo Televisa, S.A.B.

	/s/ Francisco Valim	05/07/2026
	** 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)