This is a routine administrative amendment with no trading implications. Monitor future filings for any changes in CEO's beneficial ownership or material transactions.
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Executive Summary
Marcelo Benitez, CEO of Millicom International Cellular (TIGO), filed an amended Form 3 to report 33,730 Performance Cash Award Units that were inadvertently omitted from his original filing. The units vest in equal installments on January 1, 2027 and January 1, 2028, and represent cash equivalents tied to the company's stock price. This is a routine administrative correction with no material impact on the company's financials or operations.
Key Facts
- CEO Marcelo Benitez filed a Form 3/A to correct an omission from his original Form 3.
- The omitted securities are 33,730 Performance Cash Award Units granted under the 2025 Performance Cash Award Program.
- Each unit equals the cash equivalent of one common share's closing price on the last trading day before vesting, plus dividends.
- The units vest in equal installments on January 1, 2027 and January 1, 2028, subject to continued employment.
- The award reflects performance achievement at 173.41% of target.
Financial Impact
No financial impact; the filing corrects a prior omission of CEO equity awards.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3/A Filing (Primary) | 0000950103-26-015523 |
| Document: 0000950103-26-015523-index.html | 0000950103-26-015523 |
| Document: 0000950103-26-015523.txt | 0000950103-26-015523 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 3/A | $80.34 | awaiting T+60 | — | $79.82 (−0.65%) |
Oct 13, 2026 13d ago | 3/A | $80.34 | awaiting T+60 | — | $79.82 (−0.65%) |
Oct 13, 2026 13d ago | 3/A | $80.34 | awaiting T+60 | — | $79.82 (−0.65%) |
Oct 13, 2026 13d ago | 3/A | $80.34 | awaiting T+60 | — | $79.82 (−0.65%) |
Jul 27, 2026 13w ago | Press Release | $95.64 $81.65 | ▼ −14.63% | ▼ −18.98% | $79.82 (−16.54%) |
May 20, 2026 22w ago | Press Release | $84.11 $93.89 | ▲ +11.63% | ▲ +6.62% | $79.82 (−5.10%) |
May 12, 2026 24w ago | Press Release | $80.13 $104.31 | ▲ +30.18% | ▲ +25.79% | $79.82 (−0.39%) |
Apr 30, 2026 25w ago | Press Release | $84.88 $95.38 | ▲ +12.37% | ▲ +9.26% | $79.82 (−5.96%) |
Apr 13, 2026 28w ago | Press Release | $83.11 $94.08 | ▲ +13.20% | ▲ +4.28% | $79.82 (−3.96%) |
Apr 10, 2026 28w ago | Press Release | $83.03 $92.95 | ▲ +11.95% | ▲ +1.62% | $79.82 (−3.87%) |
US Market Status
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