LILA Liberty Latin America Ltd. Insider Trading

Executive Chairman Michael T Fries buys 49,382 shares of LILA at $20.39, raising holdings 49.4%; stock down -10.7% from 52-week high, company unprofitable

Michael T Fries, Executive Chairman, purchased 49,382 shares at $20.39 on 2026-06-25, increasing his holdings from 99,953 to 149,335 shares (+49.4%). The purchase occurred when Liberty Latin America was unprofitable (full-year net income was negative) with annual revenue growth of -0.3%, and the current stock price of $7.34 reflects a significant decline from the $20.39 purchase price. Fries retains 6,129 restricted share units as derivative holdings post-transaction. The substantial share purchase by the company's Executive Chairman during a period of negative profitability and flat revenue growth represents a material confidence signal that warrants investor scrutiny given the company's operational challenges.

John C Malone bought 354,399 shares of LILA for $2,467,797.97 across 2 transactions at $6.96–$7.00; cluster pattern with 3 other insiders in past 14 days

John C Malone executed 2 separate purchases totaling 354,399 shares for $2,467,797.97 (blended average $6.96) on June 25–26, 2026, increasing his holdings by 10.5% to 3,725,813 shares. The timing aligns with a cluster pattern: 3 other insiders also bought within the past 14 days at Liberty Latin America. However, context dampens confidence in the signal. The company posted negative net income of $-22,700,000.00 in the latest quarter and unprofitable full-year results; revenue declined 0.3% year-over-year. At the blended purchase price of $6.96, the stock was trading near the bottom of its 52-week range ($4.77–$8.22), currently 6.0% below its 52-week high. Malone's prior buy at this same ticker on 2026-05-22 has posted a 30-day loss of -44.4%, providing an inauspicious near-term precedent for this accumulation.

John C Malone bought 1,719,181 shares of LILA for $8,932,567.08 in 3 transactions (blended avg $5.20); holdings now 3.37M (+104.1%)

John C Malone executed 3 separate open-market purchases of Liberty Latin America totaling 1,719,181 shares (1.72M shares) for $8,932,567.08 ($8.9M) over two days at a blended average price of $5.20, doubling his stake from 1.65M to 3.37M shares. This represents a material capital commitment into a company whose fundamentals show ongoing losses (net income of $-22.7M in the latest quarter) and flat revenue growth (-0.3% year-over-year), raising questions about the driver for the sizeable accumulation. His prior trades at LILA within the past month (all executed on 2026-05-22) show a -44.4% 30-day return, a timing pattern of concern given current price weakness: LILA is trading 19.7% below its 52-week high and down 8.6% over the prior 30 days. The concurrent buy activity by 2 other insiders within the past 14 days forms a cluster pattern, though the rationale and any coordinated messaging remain opaque in this filing.

CEO Balan Nair purchases 164,914 shares across 2 transactions for $1,000,971.85 at LILA

Balan Nair, President and CEO, executed 2 separate purchases totaling 164,914 shares for $1,000,971.85, increasing his holdings by 71.7% versus pre-transaction levels to 394,908 shares. The blended average purchase price of $6.07 compares to a current price of $5.95, representing a near-term negative mark. At LILA specifically, his prior 3 measurable buys all showed positive 90-day returns (+61.3%, +0.5%, +26.5%), establishing a consistent pattern of well-timed accumulation at this ticker. However, the company's fundamentals remain challenged: net income of $-22,700,000.00 over the latest full fiscal year and flat annual revenue growth of -0.3% suggest operational headwinds that may inform the magnitude of this accumulation despite the recent 30-day price decline of -17.6%.

Director Brendan J Paddick buys 100,000 shares of LILA at $4.88; stock now -27.6% from 52-week high amid unprofitable fundamentals.

Brendan J Paddick, a Director at Liberty Latin America, purchased 100,000 shares at $4.88 on 2026-06-18, adding to his existing 1.46M-share position. The purchase occurred near a 52-week low ($4.77) and the stock has since declined 17.6% in 30 days and 22.3% in 90 days, trading 27.6% below its 52-week high of $8.22. At the same ticker, his prior 5 buys showed mixed timing outcomes: 3 of 5 achieved positive 90-day returns, but his cross-ticker track record across 14 prior buys averages -1.7% over 30 days with only a 42.86% 90-day win rate. The company is unprofitable (net income $-22.7M in the latest quarter), with near-flat annual revenue growth of -0.3%, suggesting this accumulation occurs against a backdrop of operational headwinds rather than fundamental improvement.

John C Malone purchased 12.41M shares ($107.1M) while simultaneously selling identical quantity at same price on same date.

This Form 4 filing shows John C Malone executing 2 separate buys totaling 12,406,463 shares for $107,067,775.69 on 2026-05-22, paired with 2 separate sales of the identical 12,406,463 shares for the identical $107,067,775.69 at the same $8.63 price. The simultaneous buy-sell at identical terms on the same date with zero net change to his 21,173,018-share post-transaction holding creates a structurally neutral trade from an economic perspective. Liberty Latin America trades at $8.16 currently, down 9.7% from its 52-week high, while the company reported net income of $-22,700,000 over its most recent full fiscal year and revenue declined -0.3% year-over-year. The mechanics of this filing—equal volumes, identical pricing, simultaneous execution—do not yield a clear directional signal about insider conviction or positioning relative to the company's fundamentals.

Liberty Latin America CEO Nair Balan purchases 20,000 shares in latest of six open-market buys within 36 months amid unprofitable operations.

Nair Balan, President and CEO of Liberty Latin America, has made his sixth open-market share purchase in the past three years, adding to an unbroken pattern of acquisitions with no offsetting sales. His persistence despite the company's unprofitable operations—which show declining revenue year-over-year—suggests confidence that goes beyond routine stock-based compensation transactions. The timing is notable: Balan is a repeat buyer at this ticker, though his prior three purchases at Liberty Latin America remain too recent to evaluate whether they preceded stock appreciation. What distinguishes this trade is the insider's decision to deploy capital in a company reporting significant operating losses while navigating revenue headwinds, a context where most insider buying would be conservative or absent. For a CEO in particular, this represents direct exposure to the company's direction rather than diversification activity.

CFO Noyes buys 28,000 shares of LILA for $126,532.40 amid -34.6% decline; company unprofitable with -136.4M net loss.

Christopher J. Noyes, SVP and Chief Financial Officer, executed 2 purchases totaling 28,000 shares at a blended average price of $4.52 on 2025-05-12, increasing his holdings from 203.6K to 231.6K shares. The purchase occurs against unfavorable context: the stock has declined 34.6% over the past 90 days and is trading 52.9% below its 52-week high of $10.48. Fundamentally, the company reported a net loss of $-136.4M over its most recent full fiscal year, though revenue stands at $1.1B. As the CFO, Noyes's purchase of shares at the lowest current valuation in the 52-week window warrants attention given the company's current unprofitability, though the decision cannot be characterized as driven by external conviction signals alone.

Liberty Latin America CEO Nair Balan buys 22,779 shares at $4.39 as stock down 52.9% from 52-week high; company unprofitable with -1.2% annual revenue growth.

Nair Balan, as President and CEO, purchased 22,779 shares for $99,995.25 at $4.39, growing his holdings to 1,651,001 shares. This open-market buy occurs as LILA trades at $4.94, down 52.9% from its 52-week high of $10.48 and down 34.6% over the past 90 days. Notably, Balan's cross-ticker track record shows 2 prior buys with an average 90-day return of +24.9% and a 90-day win rate of 100.00%, while his same-ticker history at LILA demonstrates two prior well-timed buys (2024-11-14 yielding +10.5% and 2024-02-26 yielding +39.2% over 90 days). Against this backdrop of positive historical timing, the company faces material headwinds: it reported a net loss of $-136,400,000.00 in its latest quarter, negative full-year net income for the most recent fiscal year, and annual revenue growth of -1.2% year-over-year, with quarterly revenue of $1,083,500,000.00. The gap between the insider's prior execution record and the company's deteriorating profitability and revenue trajectory merits scrutiny.

Director Brendan J Paddick bought 50,000 LILA shares across 2 transactions for $308,433.75; stock down -41.2% from 52-week high.

Brendan J Paddick (Director) executed 2 separate purchases totaling 50,000 shares for $308,433.75 at blended average price $6.17 on 2024-12-19 and 2024-12-23, bringing his post-transaction holdings to 1,437,518 shares. The purchases occur in a challenging context: Liberty Latin America's most recent quarter posted revenue of $1,089,200,000.00 but net income of $-435,800,000.00; annual revenue declined -6.3% year-over-year and the company was unprofitable over its most recent full fiscal year. The stock is currently trading at $6.16, down -41.2% from its 52-week high and -13.4% over 30 days. While Paddick's cross-ticker track record shows 100.00% win rate over 90 days with average 90d return of +8.8% across 12 prior buys, his prior 5 trades at LILA (all buys, all within the last three weeks) remain unresolved with no measurable 30- or 90-day outcomes yet. The proximity of these purchases to ongoing losses and significant stock weakness merits monitoring for emerging fundamentals or strategic developments.