Form 4: Director Alfonso de Angoitia Boosts LILA Holdings

Liberty Latin America Director Alfonso de Angoitia reported the exercise of Restricted Share Units, subsequent share acquisitions, and tax-related dispositions.

Summary

• Director Alfonso de Angoitia reported transactions involving Liberty Latin America Ltd. Class A and Class C common shares and Restricted Share Units (RSUs).
• On March 15, 2026, 7,477 Class A Restricted Share Units were exercised, resulting in the acquisition of 7,477 Class A Common Shares at a price of $0.
• Concurrently, 14,954 Class C Restricted Share Units were exercised, leading to the acquisition of 14,954 Class C Common Shares at a price of $0.
• Following these acquisitions, 315 Class A Common Shares were disposed of at $7.58 per share, and 629 Class C Common Shares were disposed of at $7.77 per share, likely for tax withholding purposes.
• On March 13, 2026, new grants of 6,452 Class A Restricted Share Units and 12,904 Class C Restricted Share Units were awarded, which become exercisable and expire on March 15, 2027.
• After all reported transactions, the director beneficially owns 46,186 Class A Common Shares and 99,847 Class C Common Shares directly.
• The director also beneficially owns 6,452 Class A Restricted Share Units and 12,904 Class C Restricted Share Units directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. The transactions are routine compensation-related activities, involving the exercise of previously granted RSUs and the grant of new ones, with associated tax withholdings. It does not indicate a significant shift in sentiment or strategy.

Positives

• Director Alfonso de Angoitia acquired 7,477 Class A Common Shares and 14,954 Class C Common Shares through the exercise of Restricted Share Units, increasing direct equity holdings.
• The director received new grants of 6,452 Class A Restricted Share Units and 12,904 Class C Restricted Share Units, indicating continued long-term incentive compensation and alignment with shareholder interests.

Negatives

• 315 Class A Common Shares were disposed of at $7.58 per share and 629 Class C Common Shares were disposed of at $7.77 per share, likely to cover tax liabilities associated with the RSU exercises.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transaction filings like this Form 4 provide transparency into management's direct equity movements, which can sometimes signal confidence or concerns, though these specific transactions are largely compensation-related and routine for directors receiving equity awards.

Stakeholder Impact

• Shareholders may view the director's continued equity holdings and new RSU grants as a sign of alignment with shareholder interests and confidence in the company's long-term performance.

Key Dates

Keywords

Liberty Latin America, LILA, Insider Transaction, Form 4, Director Stock, Restricted Share Units, Equity Compensation, Stock Acquisition, Stock Disposition