Televisa (NYSE: TV) director trades CPOs in stock purchase plan

Q: What insider transactions did GRUPO TELEVISA (TV) director Francisco Jose Chevez Robelo report?

He reported both a sale and an exercise of CPOs. On May 4, 2026 he sold 44,500 CPOs in an open-market transaction and acquired 277,500 CPOs through an in-the-money exercise linked to a Stock Purchase Plan.

Q: 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. The price reflects the average of sales executed by a trust on his behalf together with similarly situated participants, all concluding on the reported transaction date.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GRUPO TELEVISA, S.A.B. director Francisco Jose Chevez Robelo reported trading CPOs. On May 4, 2026 he sold 44,500 CPOs in an open-market transaction at an average price of $0.57 per CPO, with sales executed by a trust on his behalf.

On the same date, 277,500 CPOs were acquired through an in-the-money exercise of CPOs held in a Stock Purchase Plan at a conversion price of $0.09 per CPO. After these transactions, he directly holds 882,775 CPOs. Each CPO represents a bundle of Televisa shares across several series.

Insider Trade Summary

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

Net Sell 3 txns

Insider CHEVEZ ROBELO Francisco Jose

Role null

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 — 882,775 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

CPOs sold: 44,500 CPOs Sale price: $0.57 per CPO CPOs acquired via exercise: 277,500 CPOs +4 more

7 metrics

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

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

CPOs acquired via exercise 277,500 CPOs In-the-money derivative exercise related to 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 following sale and exercise

FX rate 17.5161 MXN per USD Rate used to convert prices as of April 30, 2026

CPO composition 1 CPO = 25 A, 22 B, 35 L, 35 D shares Bundle of underlying Televisa share series per CPO

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

"the trust that administers the Stock Purchase Plan for Directors, acting on behalf of the reporting person"

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.

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 06:05 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^*

CHEVEZ ROBELO Francisco Jose

(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 Francisco Chevez Robelo	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 GRUPO TELEVISA (TV) director Francisco Jose Chevez Robelo report?

He reported both a sale and an exercise of CPOs. On May 4, 2026 he sold 44,500 CPOs in an open-market transaction and acquired 277,500 CPOs through an in-the-money exercise linked to a Stock Purchase Plan.

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. The price reflects the average of sales executed by a trust on his behalf together with similarly situated participants, all concluding on the reported transaction date.

What CPOs did the GRUPO TELEVISA (TV) director acquire through exercise and at what price?

He acquired 277,500 CPOs via an in-the-money derivative exercise at $0.09 per CPO. These CPOs came from a Stock Purchase Plan, where the administering trust exercises and then allocates CPOs under the plan’s terms.

What are the director’s GRUPO TELEVISA (TV) holdings after these CPO transactions?

Following the reported transactions, he directly holds 882,775 CPOs. This figure reflects his direct ownership after the 44,500 CPO open-market sale and the 277,500 CPO acquisition through the exercise tied to the Stock Purchase Plan.

What does one GRUPO TELEVISA (TV) CPO represent in terms of underlying shares?

Each CPO represents a bundle of underlying Televisa shares. Specifically, one CPO corresponds to 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.

How were GRUPO TELEVISA (TV) CPO sale prices converted into US dollars in this filing?

The prices were translated from Mexican pesos using a stated exchange rate. The filing notes conversion from pesos to US dollars based on a rate of 17.5161 Mexican pesos per US dollar as of April 30, 2026.