Fries Michael T. - 25 Jun 2026 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Reporting relationship: Executive Chairman, Director
Issuer ticker: LILA
Reported as of: 25 Jun 2026
Net transaction value: +$1,006,711
SEC form: 4
Accepted by SEC: 17 Jul 2026, 20:11:08 UTC
Prior SEC filing: 10 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ John M. Winter, Attorney-in-Fact

Key filing fact

Fries Michael T. filed Form 4 for Liberty Latin America Ltd. (LILA) on 17 Jul 2026.

Key facts

This page summarizes Fries Michael T.'s Form 4 filing for Liberty Latin America Ltd. (LILA).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Jul 2026, 20:11.

Change

Previous filing in this sequence was filed on 10 Jun 2026.
Current net transaction value: +$1,006,711.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001058725 Primary reporting owner

FRIES MICHAEL T

Relationship: Executive Chairman, Director
Address: 1550 WEWATTA STREET, SUITE 800, DENVER
Signature: /s/ John M. Winter, Attorney-in-Fact
Signature date: 17 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LILA transaction

Series A Preference Shares

Other

Transaction value
Shares: +99,953
Change %
Price: $0.000000^*
Shares after: 99,953
Date: 16 Jun 2026
Ownership: Direct
Footnotes: F1

LILA transaction

Series A Preference Shares

Purchase

Transaction value: $1,006,711
Shares: +49,382
Change %: +49%
Price: $20.39
Shares after: 149,335
Date: 25 Jun 2026
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LILA transaction Derivative

Restricted Share Units P

Other

Transaction value
Shares: +6,129
Change %
Price: $0.000000^*
Shares after: 6,129
Date: 17 Jun 2026
Ownership: Direct
Underlying class: Series A Preference Shares
Underlying amount: 6,129
Exercise price
Footnotes: F3, F4, F5

LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 238,333
Date: 25 Jun 2026
Ownership: Direct
Underlying class: Class A Common Shares
Underlying amount: 238,333
Exercise price: $15.10
Footnotes: F6, F7

LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 489,999
Date: 25 Jun 2026
Ownership: Direct
Underlying class: Class C Common Shares
Underlying amount: 489,999
Exercise price: $14.56
Footnotes: F6, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

On May 21, 2026, the Issuer announced that an authorized committee of the Issuer's board of directors declared a special dividend on each of its outstanding common shares payable on June 16, 2026 to all holders of record as of 5:00 p.m., New York City time, on June 1, 2026 consisting of a special dividend of 0.10 shares of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preferred Shares (the "Preferred Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). As a result of the Dividend, the reporting person directly received 99,953 Preferred Shares.

Footnote F2

The price reflects a weighted average of purchases made at prices ranging from $20.20 to $20.50. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.

Footnote F3

Each Restricted Share Unit P ("RSU") represents a right to receive one share of the Issuer's Series A Preference Shares at settlement.

Footnote F4

In connection with the Dividend, all RSUs with respect to the Issuer's common stock ("Original RSUs") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the RSU awards held by the reporting person were granted. Each holder of an Original RSU was entitled to receive an RSU with respect to a number of Preferred Shares equal to 0.10 multiplied by the number of shares of common stock underlying the Original RSU, subject to the same terms and conditions as the Original RSU. These adjustments were approved by the compensation committee of the Issuer's board of directors pursuant to Rule 16b-3.

Footnote F5

The Restricted Share Units vest in full on March 15, 2027.

Footnote F6

The derivative security is fully vested.

Footnote F7

This share appreciation right award ("SAR") was previously reported as a SAR relating to 166,667 shares of the Issuer's common stock at a base price of $21.58 and was adjusted as a result of the Dividend. In connection with the Dividend, all SARs held by the reporting person with respect to the Issuer's common stock were adjusted pursuant to the anti-dilution provisions of the incentive plan under which such award was granted, such that the number of shares subject to, and the base price of, such SAR were adjusted. These adjustments were approved by the compensation committee of the Issuer's board of directors pursuant to Rule 16b-3.

Footnote F8

This SAR was previously reported as a SAR relating to 333,333 shares of the Issuer's common stock at a base price of $21.39 and was adjusted as a result of the Dividend. In connection with the Dividend, all SARs held by the reporting person with respect to the Issuer's common stock were adjusted pursuant to the anti-dilution provisions of the incentive plan under which such award was granted, such that the number of shares subject to, and the base price of, such SAR were adjusted. These adjustments were approved by the compensation committee of the Issuer's board of directors pursuant to Rule 16b-3.

SEC remarks

The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK, and the trading symbol for the Issuer's Series A Preference Shares is LILAP.