Televisa holder buys Ps.674M mandatory convertible

Eduardo Tricio Haro, a major shareholder of Grupo Televisa, S.A.B., reports beneficial ownership of 32,928,706,980 Shares, representing 9.4% of the company’s outstanding share capital on a pro forma basis.

Rhea-AI Filing Summary

Eduardo Tricio Haro, a major shareholder of Grupo Televisa, S.A.B., reports beneficial ownership of 32,928,706,980 Shares, representing 9.4% of the company’s outstanding share capital on a pro forma basis. These holdings span Series A, B, Dividend Preferred (D), and L Shares through CPOs and a convertible debenture.

On June 3, 2026, he purchased a zero-coupon mandatory convertible debenture from Televisa for Ps. 674,028,280.38, convertible into 68,625,040 CPOs, and agreed to a 360‑day lock-up on the underlying A Shares after maturity. He also recorded stock plan vesting of 277,500 CPOs and a small sale of 44,500 CPOs to cover related costs.

Insights

Equity ownership and capital structure analyst

Large Televisa holder reinforces position via mandatory convertible debenture.

The filing shows Eduardo Tricio Haro controlling 32.93 billion Televisa Shares, or 9.4% of outstanding equity on a pro forma basis. His position combines existing CPO holdings with exposure through a zero‑coupon mandatory convertible debenture issued by Grupo Televisa.

The debenture cost Ps. 674,028,280.38 and is convertible into 68,625,040 CPOs. It carries no interest, is not redeemable, and mandatorily converts into A Shares on the earlier of June 3, 2027 or specified default events in excess of $100,000,000, subject to regulatory approvals.

He accepted a 360‑day lock‑up from the Maturity Date on the A Shares underlying the debenture, limiting his ability to transfer or hedge them during that period. A smaller transaction shows 277,500 CPOs vested under a director stock plan, with 44,500 CPOs sold at Ps.1.60 each to cover related costs.

Key Figures

Beneficial ownership: 32,928,706,980 Shares Ownership percentage: 9.4% Debenture purchase price: Ps. 674,028,280.38 +5 more

8 metrics

Beneficial ownership 32,928,706,980 Shares Aggregate Shares beneficially owned by reporting person

Ownership percentage 9.4% Percent of class represented by beneficially owned Shares

Debenture purchase price Ps. 674,028,280.38 Aggregate price for zero-coupon mandatory convertible debenture

Debenture CPOs 68,625,040 CPOs Number of CPOs issuable upon conversion of debenture

Shares outstanding 340,621,798,257 Shares Outstanding as of March 31, 2026, per Form 20-F

Lock-up period 360 days Duration after Maturity Date for A Share transfer restrictions

Stock plan vesting 277,500 CPOs CPOs acquired via director stock plan vesting on May 4, 2026

CPOs sold for costs 44,500 CPOs at Ps.1.60 CPOs sold to cover vesting-related costs

Key Terms

mandatory convertible debenture, certificados de participacion ordinarios, global depositary shares, Stock Purchase Plan for Directors, +1 more

5 terms

mandatory convertible debenture financial

"purchased from the Issuer a zero-coupon mandatory convertible debenture (the "Convertible Debenture")"

certificados de participacion ordinarios financial

"The Shares trade on the Mexican Stock Exchange in the form of certificados de participacion ordinarios ("CPOs")"

global depositary shares financial

"and in the United States, in the form of global depositary shares, each of which represent 5 CPOs."

Stock Purchase Plan for Directors financial

"acquired 277,500 CPOs through the vesting of an award issued pursuant to the Issuer's Stock Purchase Plan for Directors."

beneficially owned financial

"for the aggregate number of Shares and percentage of Shares beneficially owned by the Reporting Person."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

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

How much of Grupo Televisa (TV) does Eduardo Tricio Haro beneficially own?

Eduardo Tricio Haro reports beneficial ownership of 32,928,706,980 Televisa Shares, representing 9.4% of the company’s outstanding share capital. This percentage is calculated on a pro forma basis, assuming conversion of 68,625,040 CPOs issuable under his mandatory convertible debenture.

What mandatory convertible debenture did Eduardo Tricio Haro buy from Grupo Televisa (TV)?

On June 3, 2026, Eduardo Tricio Haro bought a zero-coupon mandatory convertible debenture from Grupo Televisa for Ps. 674,028,280.38. It is convertible into 68,625,040 CPOs and must convert into A Shares at maturity or upon certain distress or default events.

When does Eduardo Tricio Haro’s Televisa mandatory convertible debenture mature and convert?

The mandatory convertible debenture matures and must convert into A Shares on the earlier of June 3, 2027, or when Televisa defaults on liabilities exceeding $100,000,000, among other distress events. Conversion remains subject to obtaining applicable regulatory authorizations as described in the instrument.

What lock-up restrictions apply to Eduardo Tricio Haro’s A Shares from the Televisa debenture?

For 360 days from the debenture’s Maturity Date, Eduardo Tricio Haro agreed not to transfer, hedge, or otherwise dispose of the A Shares underlying the debenture without Televisa’s prior written consent. This includes derivative and hedging transactions, as well as public announcements of such intentions.

How are Grupo Televisa (TV) shares structured in CPOs and global depositary shares?

Televisa Shares trade in Mexico as certificados de participacion ordinarios (CPOs), each comprising 25 A Shares, 22 B Shares, 35 D Shares, and 35 L Shares. In the United States, they trade as global depositary shares, with each depositary share representing 5 CPOs according to the filing.

What additional Televisa stock transactions did Eduardo Tricio Haro report in this amendment?

Besides the debenture purchase, he reported receiving 277,500 CPOs on May 4, 2026, through vesting under Televisa’s Stock Purchase Plan for Directors. On the same date, he sold 44,500 CPOs at Ps.1.60 per CPO to cover costs related to that vesting event.

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

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Accepted by SEC EDGAR 06/05/2026 - 04:55 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

GRUPO TELEVISA, S.A.B.

(Name of Issuer)

Series A Shares; Series B Shares; Dividend Preferred Shares; Series L Shares

(Title of Class of Securities)

40049J206

(CUSIP Number)

Eduardo Tricio Haro
Blvd de la Senda #317 Interior Local 7, Residencial Senderos
Torreon, O5, 27018
52 871 285 0920

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

06/03/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 40049J206

1

Name of reporting person

Eduardo Tricio Haro

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF, PF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

MEXICO

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 32,928,706,980.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 32,928,706,980.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

32,928,706,980.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.4 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The Shares reported herein, which are held in the form of 212,816,900 CPOs and 68,625,040 CPOs underlying the Convertible Debenture (as defined and further described in Item 4 below), consist of (i) 5,320,422,500 A Shares and 1,715,626,000 A Shares underlying the Convertible Debenture representing 5.8% of the outstanding A Shares; (ii) 4,681,971,800 B Shares and 1,509,750,880 B Shares underlying the Convertible Debenture representing 11.0% of the outstanding B Shares; (iii) 7,448,591,500 D Shares and 2,401,876,400 D Shares underlying the Convertible Debenture representing 11.5% of the outstanding D Shares; and (iv) 7,448,591,500 L Shares and 2,401,876,400 L Shares underlying the Convertible Debenture representing 11.5% of the outstanding L Shares, in each instance, assuming the conversion of the Convertible Debenture Reported herein (See Item 5(a)).

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Series A Shares; Series B Shares; Dividend Preferred Shares; Series L Shares
(b)	Name of Issuer: GRUPO TELEVISA, S.A.B.
(c)	Address of Issuer's Principal Executive Offices: AV VASCO DE QUIROGA 2000, COLONIA SANTA FE, MEXICO , 01210.
Item 1 Comment: This Amendment No. 1 ("Amendment No. 1") amends the Schedule 13D (the "Original Schedule 13D") filed by the Reporting Person with the SEC on November 14, 2025, with respect to the Series A Shares of common stock, no par value (the "A Shares"), the Series B Shares of common stock, no par value (the "B Shares"), the Dividend Preferred Shares, no par value (the "D Shares"), and the limited-voting Series L Shares, no par value ("L Shares" and, together with the A Shares, the B Shares and the D Shares, the "Shares") of Grupo Televisa, S.A.B. (the "Issuer"). This Amendment No. 1 supplements Items 3, 4, 6 and 7 and amends and restates Items 5(a)-(c) as set forth below. Except as set forth herein, the information in the Original 13D is unchanged and has been omitted from this Amendment No. 1. Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed thereto in the Original 13D. The Shares trade on the Mexican Stock Exchange in the form of certificados de participacion ordinarios ("CPOs"), each of which currently comprises of 25 A Shares, 22 B Shares, 35 D Shares and 35 L Shares, and in the United States, in the form of global depositary shares, each of which represent 5 CPOs.
Item 3.	Source and Amount of Funds or Other Consideration
	The information set forth in Item 4 of this Amendment No. 1 is hereby incorporated herein by reference.
Item 4.	Purpose of Transaction
	On June 3, 2026 (the "Closing Date"), the Reporting Person purchased from the Issuer a zero-coupon mandatory convertible debenture (the "Convertible Debenture") convertible into 68,625,040 CPOs, for an aggregate purchase price of Ps. 674,028,280.38, in order to maintain the proportion of the Issuer's A Shares relative to the other series of shares of the Issuer's capital stock in light of the issuance of Convertible Debentures to other third parties. The Convertible Debenture does not accrue interest, and will mature and be mandatorily convertible into A Shares on the earlier of (a) June 3, 2027 and (b) the date on which the Issuer defaults on liabilities in excess of $100,000,000, among other events of distress and default, subject to obtaining applicable regulatory authorizations (the "Maturity Date"), unless earlier converted pursuant to the terms of the Convertible Debenture. The Convertible Debenture is not redeemable. The Reporting Person also agreed to undertake, for a period of 360 (three hundred sixty) days counted from the Maturity Date, not to, without the prior written consent of the Issuer, directly or indirectly: (i) offer, pledge, sell, contract to sell, offer or sell, enter into any option or contract to sell, grant any option, right or warrant to purchase, lend, dispose of or otherwise transfer the A shares underlying the Convertible Debenture; (ii) enter into any derivative financial transaction, swap, forward contract, hedge or other contract or transaction that transfers, in whole or in part, directly or indirectly, the economic benefit of ownership of the A shares underlying the Convertible Debenture, regardless of whether such transaction is settled by delivery of the A shares underlying the Convertible Debenture, in cash or otherwise; or (iii) publicly announce the intention to carry out any of the transactions referred to in the foregoing subsections. A copy of the Convertible Debenture certificate is included as Exhibit 99.1 to this Amendment No. 1, and is qualified in its entirety to the full text thereof and incorporated herein by reference.
Item 5.	Interest in Securities of the Issuer
(a)	See rows (11) and (13) of the cover page and the footnote on the cover page to this Schedule 13D for the aggregate number of Shares and percentage of Shares beneficially owned by the Reporting Person. The percentages used in this Schedule 13D are calculated based upon 340,621,798,257 Shares outstanding as of March 31, 2026, consisting of 118,614,113,375 A Shares, 54,882,207,692 B Shares, 83,562,738,595 D Shares and 83,562,738,595 L Shares, in each case as reported in the Issuer's Form 20-F, filed with the Securities and Exchange Commission on April 30, 2026, adjusted to give pro forma effect to the conversion of the 68,625,040 CPOs issuable upon conversion of the Convertible Debenture beneficially owned by the Reporting Person.
(b)	See rows (7) through (10) of the cover page and the footnote on the cover page to this Schedule 13D for the number of Shares as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.
(c)	In addition to the transaction described in Item 4 of this Amendment No. 1, on May 4, 2026, the Reporting Person acquired 277,500 CPOs through the vesting of an award issued pursuant to the Issuer's Stock Purchase Plan for Directors. On the same date, the Reporting Person sold 44,500 CPOs to cover costs Ps.1.60 per CPO related to the vesting of such award.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The information set forth in Item 4 of this Amendment No. 1 is hereby incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 99.1: Convertible Debenture Certificate, dated June 3, 2026.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Eduardo Tricio Haro

Signature:	/s/ Eduardo Tricio Haro
Name/Title:	Eduardo Tricio Haro/Individually
Date:	06/05/2026