Nair Balan - 17 Jun 2026 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Reporting relationship
President and CEO, Director
Issuer ticker
LILA
Reported as of
17 Jun 2026
Net transaction value
$0
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Jul 2026, 20:11:34 UTC
Prior SEC filing
12 May 2026
Next SEC filing
23 Jun 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John M. Winter, Attorney-in-Fact

Key filing fact

Nair Balan filed Form 4 for Liberty Latin America Ltd. (LILA) on 17 Jul 2026.

Key facts

  • This page summarizes Nair Balan's Form 4 filing for Liberty Latin America Ltd. (LILA).
  • 3 reported transactions and 27 derivative rows are listed below.
  • Accepted by SEC: 17 Jul 2026, 20:11.

Change

  • Previous filing in this sequence was filed on 12 May 2026.
  • Current net transaction value: $0.

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 0001398905 Primary reporting owner

Nair Balan

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

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
+23,622
Change %
Price
$0.000000*
Shares after
23,622
Date
17 Jun 2026
Ownership
Direct
Underlying class
Series A Preference Shares
Underlying amount
23,622
Exercise price
Footnotes
F1, F2, F3
LILA transaction Derivative

Restricted Share Units P

Other

Transaction value
Shares
+46,359
Change %
Price
$0.000000*
Shares after
46,359
Date
17 Jun 2026
Ownership
Direct
Underlying class
Series A Preference Shares
Underlying amount
46,359
Exercise price
Footnotes
F1, F2, F4
LILA transaction Derivative

Restricted Share Units P

Other

Transaction value
Shares
+61,935
Change %
Price
$0.000000*
Shares after
61,935
Date
17 Jun 2026
Ownership
Direct
Underlying class
Series A Preference Shares
Underlying amount
61,935
Exercise price
Footnotes
F1, F2, F5
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
286,000
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
286,000
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
588,000
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
588,000
Exercise price
$14.56
Footnotes
F6, F8
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
165,508
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
165,508
Exercise price
$13.03
Footnotes
F6, F9
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
340,275
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
340,275
Exercise price
$12.41
Footnotes
F6, F10
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
175,642
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
175,642
Exercise price
$13.93
Footnotes
F6, F11
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
361,111
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
361,111
Exercise price
$13.63
Footnotes
F6, F12
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
315,649
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
315,649
Exercise price
$7.29
Footnotes
F6, F13
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
648,957
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
648,957
Exercise price
$7.13
Footnotes
F6, F14
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,430,000
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
1,430,000
Exercise price
$9.80
Footnotes
F6, F15
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,940,000
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
2,940,000
Exercise price
$9.60
Footnotes
F6, F16
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
280,079
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
280,079
Exercise price
$9.80
Footnotes
F6, F17
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
575,828
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
575,828
Exercise price
$9.60
Footnotes
F6, F18
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
430,025
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
430,025
Exercise price
$6.78
Footnotes
F6, F19
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
884,107
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
884,107
Exercise price
$6.56
Footnotes
F6, F20
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
33,078
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
33,078
Exercise price
$6.78
Footnotes
F6, F21
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
68,008
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
68,008
Exercise price
$6.56
Footnotes
F6, F22
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
498,317
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
498,317
Exercise price
$5.47
Footnotes
F6, F23
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,024,513
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
1,024,513
Exercise price
$5.30
Footnotes
F6, F24
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
639,344
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
639,344
Exercise price
$4.31
Footnotes
F25, F26
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,314,456
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
1,314,456
Exercise price
$4.24
Footnotes
F25, F27
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
610,605
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
610,605
Exercise price
$4.68
Footnotes
F28, F29
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,255,371
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
1,255,371
Exercise price
$4.54
Footnotes
F28, F30
LILA holding Derivative

Share Appreciation Rights A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
558,048
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class A Common Shares
Underlying amount
558,048
Exercise price
$5.31
Footnotes
F31, F32
LILA holding Derivative

Share Appreciation Rights C

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,147,317
Date
17 Jun 2026
Ownership
Direct
Underlying class
Class C Common Shares
Underlying amount
1,147,317
Exercise price
$5.29
Footnotes
F31, F33
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 33 footnotes

Footnote F1

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

Footnote F2

In connection with the Dividend (as defined in Remarks), 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 Issuer's board of directors pursuant to Rule 16b-3.

Footnote F3

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

Footnote F4

The RSUs vest in two equal annual installments on March 15 of 2027 and 2028.

Footnote F5

The RSUs vest in three equal annual installments on March 15 of 2027, 2028 and 2029.

Footnote F6

The derivative security is fully vested.

Footnote F7

This SAR was previously reported as a SAR relating to 200,000 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 400,000 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.

Footnote F9

This share appreciation right award ("SAR") was previously reported as a SAR relating to 115,740 shares of the Issuer's common stock at a base price of $18.63 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 F10

This SAR was previously reported as a SAR relating to 231,480 shares of the Issuer's common stock at a base price of $18.24 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 F11

This SAR was previously reported as a SAR relating to 122,827 shares of the Issuer's common stock at a base price of $19.91 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 F12

This SAR was previously reported as a SAR relating to 245,654 shares of the Issuer's common stock at a base price of $20.03 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 F13

This SAR was previously reported as a SAR relating to 220,734 shares of the Issuer's common stock at a base price of $10.42 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 F14

This SAR was previously reported as a SAR relating to 441,468 shares of the Issuer's common stock at a base price of $10.48 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 F15

This SAR was previously reported as a SAR relating to 1,000,000 shares of the Issuer's common stock at a base price of $14.00 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 F16

This SAR was previously reported as a SAR relating to 2,000,000 shares of the Issuer's common stock at a base price of $14.10 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 F17

This SAR was previously reported as a SAR relating to 195,860 shares of the Issuer's common stock at a base price of $14.00 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 F18

This SAR was previously reported as a SAR relating to 391,720 shares of the Issuer's common stock at a base price of $14.10 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 F19

This SAR was previously reported as a SAR relating to 300,717 shares of the Issuer's common stock at a base price of $9.69 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 F20

This SAR was previously reported as a SAR relating to 601,434 shares of the Issuer's common stock at a base price of $9.63 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 F21

This SAR was previously reported as a SAR relating to 23,132 shares of the Issuer's common stock at a base price of $9.69 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 F22

This SAR was previously reported as a SAR relating to 46,264 shares of the Issuer's common stock at a base price of $9.63 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 F23

This SAR was previously reported as a SAR relating to 348,474 shares of the Issuer's common stock at a base price of $7.81 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 F24

This SAR was previously reported as a SAR relating to 696,948 shares of the Issuer's common stock at a base price of $7.78 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 F25

The SARs vest in full on March 15 2027.

Footnote F26

This SAR was previously reported as a SAR relating to 447,094 shares of the Issuer's common stock at a base price of $6.16 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 F27

This SAR was previously reported as a SAR relating to 894,188 shares of the Issuer's common stock at a base price of $6.22 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 F28

The Share Appreciation Rights vest in two equal annual installments on March 15 of 2027 and 2028.

Footnote F29

This SAR was previously reported as a SAR relating to 426,997 shares of the Issuer's common stock at a base price of $6.69 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 F30

This SAR was previously reported as a SAR relating to 853,994 shares of the Issuer's common stock at a base price of $6.66 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 F31

The Share Appreciation Rights vest in three equal annual installments on March 15 of 2027, 2028 and 2029

Footnote F32

This SAR was previously reported as a SAR relating to 390,244 shares of the Issuer's common stock at a base price of $7.58 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 F33

This SAR was previously reported as a SAR relating to 780,488 shares of the Issuer's common stock at a base price of $7.77 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

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 "Series A Preference Shares"), having an initial liquidation price of $25 per Preferred Share (the "Dividend"). 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.

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