SEC FORM 3

SEC FORM 3SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

PHILLIPS MARGAIN Carlos

(Last)

(First)

(Middle)

AV. VASCO DE QUIROGA NO. 2000

COLONIA SANTA FE

(Street)

MEXICO CITY

01210

(City)

(State)

(Zip)

MEXICO

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
GRUPO TELEVISA, S.A.B. [ TV ]

3a. Foreign Trading Symbol
[TLEVISACPO.MX]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Corporate VP of Finance

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2023	04/10/2026	CPOs⁽¹⁾⁽²⁾	20,020	$1.37⁽²⁾	I	Long-Term Retention Plan⁽²⁾
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2024	04/10/2027	CPOs⁽¹⁾⁽²⁾	20,020	$1.74⁽²⁾	I	Long-Term Retention Plan⁽²⁾
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2025	04/10/2028	CPOs⁽¹⁾⁽²⁾	210,240	$2.14⁽²⁾	I	Long-Term Retention Plan⁽²⁾
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2026	04/10/2029	CPOs⁽¹⁾⁽²⁾	210,240	$0.96⁽²⁾	I	Long-Term Retention Plan⁽²⁾
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2026	04/10/2029	CPOs⁽¹⁾⁽²⁾	210,240	$0.09⁽²⁾	I	Long-Term Retention Plan⁽²⁾
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2027	04/10/2030	CPOs⁽¹⁾⁽²⁾	923,368	$0.09⁽²⁾	I	Long-Term Retention Plan⁽²⁾
CPOs held in Long-Term Retention Plan⁽¹⁾⁽²⁾	04/10/2028	04/10/2031	CPOs⁽¹⁾⁽²⁾	1,671,310	$0.09⁽²⁾	I	Long-Term Retention Plan⁽²⁾

Explanation of Responses:

1. Each Certificado de Participacion Ordinarios ("CPO") represents twenty-five Series "A" Shares, twenty-two Series "B" Shares, thirty-five Series "L" Shares and thirty-five Series "D" Shares of Grupo Televisa, S.A.B.

2. The reported exercise price was converted into US dollars based on the currency conversion rate of 17.8874 Mexican Pesos per US dollar as of March 20, 2026.

	/s/ Carlos Phillips Margain	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

SEC Form 3 filed by new insider Phillips Margain Carlos