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  4. [Form 4] GRUPO TELEVISA, S.A.B. Insider Trading Activity

Grupo Televisa (TV) officer exercises 225K CPOs, then sells entire position

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Valim Francisco
Role See remarks
Sold 225,000 shs ($128K)
Type Security Shares Price Value
X CPOs held in Long Term Retention Plan 225,000 $0.00 --
X CPOs 225,000 $0.09 $20K
Sale CPOs 225,000 $0.57 $128K
Holdings After Transaction: CPOs held in Long Term Retention Plan — 0 shares (Direct, null); CPOs — 225,000 shares (Direct, null)
Footnotes (1)
  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. 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. 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.
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
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""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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 CITY01210
(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)
Director10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
CPOs(1)05/06/2026X225,000A$0.09(2)225,000D
CPOs(1)05/06/2026S225,000D$0.57(2)(3)0D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
CPOs held in Long Term Retention Plan(1)(2)$0.09(2)05/07/2026X225,00004/10/202604/10/2029CPOs(1)(2)225,000$0(2)0D
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 Valim05/07/2026
** Signature of Reporting PersonDate
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 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.