Form 4: Charles Bracken Reports Changes in Beneficial Ownership of Liberty Latin America Ltd.

Charles Bracken, a director of Liberty Latin America Ltd., reports changes in beneficial ownership of Class A and Class C common shares due to the vesting of restricted share units and tax withholding.

Summary

• On March 15, 2024, Charles Bracken, a director of Liberty Latin America Ltd., reported changes in his beneficial ownership of the company's Class A and Class C common shares.
• These changes resulted from the vesting of restricted share units (RSUs) and the subsequent withholding of shares to cover tax obligations.
• Specifically, 6,219 Class A common shares were acquired upon the vesting of RSUs, and 187 shares were disposed of to satisfy tax obligations at a price of $6.3 per share.
• Similarly, 12,438 Class C common shares were acquired upon the vesting of RSUs, and 374 shares were disposed of to satisfy tax obligations at a price of $6.31 per share.
• Following these transactions, Bracken directly owns 28,355 Class A common shares and 67,468 Class C common shares.
• He also holds no restricted share units after the transactions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which carries a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a company director.
• It assures stakeholders that insider transactions are being properly disclosed and monitored.

Key Dates