Form 4: Liberty Latin America Director Zinterhofer Acquires Shares as Part of Director Incentive Plan

Eric Louis Zinterhofer, a director of Liberty Latin America Ltd., acquired Class A and Class C common shares on September 30, 2024, as part of the company's Nonemployee Director Incentive Plan.

Summary

• On September 30, 2024, Eric Louis Zinterhofer, a director of Liberty Latin America Ltd., acquired 963 Class A Common Shares at $9.58 each and 1,925 Class C Common Shares at $9.49 each.
• These acquisitions were made under the Liberty Latin America 2018 Nonemployee Director Incentive Plan as equity compensation for his services as a director.
• Following these transactions, Zinterhofer indirectly owns 44,264 Class A Common Shares and 96,716 Class C Common Shares through Searchlight Capital Partners, L.P.
• He also indirectly owns 12,203,603 Class C Common Shares through Searchlight LEO, L.P. and 11,572 Class C Common Shares through Searchlight LEO Co-Invest Partners GP, LLC.
• Zinterhofer disclaims beneficial ownership of these securities except to the extent of any indirect pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director's acquisition of shares is a positive sign, but it's part of a standard compensation plan.

Positives

• The director's acquisition of shares demonstrates confidence in the company.
• The equity portion of director fees aligns director interests with shareholder interests.

Industry Context

Director share acquisitions are common and often viewed positively as they align management's interests with those of shareholders. This transaction is part of a pre-existing incentive plan.

Stakeholder Impact

• The share acquisition could have a slightly positive impact on shareholder sentiment.
• The director's alignment with shareholder interests may improve investor confidence.

Key Dates