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3/A ·Filed Oct 13, 2026

TIGO

MILLICOM INTERNATIONAL CELLULAR SA
NEUTRAL
Impact 2/10
Horizonmonths Processed13d 18h ago SEC0000950103-26-015520
Form 3 amendment
Actionable Insight • Neutral

This is a routine administrative filing correcting an omission in the CFO's initial beneficial ownership report. No trading signal — monitor future vesting events for potential insider selling.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+5d ⚠ clustered
TIGO ▲ +1.63% at T+5d
NEUTRAL call +1.63% · α vs SPY +1.18% · entry $80.34 → $81.65
Next anchor: T+20d in 14d
Latest observation: T+7 -2.04% FF3 residual α
Entry = T+0 close
Oct 13, 2026
via day close
T+1d
+2.15%
call +2.15% · α +1.87%
$82.07
settled 13d ago
T+5d
+1.63%
call +1.63% · α +1.18%
$81.65
settled 7d ago
T+20d
Pending
in 14d
T+60d
Pending
in 2mo

Price Chart

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Executive Summary

Bart Vanhaeren, CFO of Millicom International Cellular SA (TIGO), filed an amended Form 3 to report 6,944 Performance Cash Award Units that were inadvertently omitted from his original filing. These units vest in equal installments on January 1, 2027 and January 1, 2028, and represent cash equivalents tied to the company's stock price. The amendment is a routine administrative correction with no material impact on the company's financials or operations.

Key Facts

  • CFO Bart Vanhaeren filed an amended Form 3 to correct an omission of 6,944 Performance Cash Award Units.
  • The PCA Units were granted under the issuer's 2025 Performance Cash Award Program at 173.41% of target performance.
  • Units vest in equal installments on January 1, 2027 and January 1, 2028, subject to continued employment.
  • Each unit represents the cash equivalent of the closing price of one common share plus dividends since grant date.

Financial Impact

No material financial impact; the amendment corrects a prior omission of CFO equity awards valued at the cash equivalent of 6,944 common shares.

dilution

Risk Factors

  • No material risks identified from this filing.

Investment Themes

Media & Telecom

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
3/A Filing (Primary)0000950103-26-015520
Document: 0000950103-26-015520-index.html0000950103-26-015520
Document: 0000950103-26-015520.txt0000950103-26-015520
12 reports for TIGO
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TIGO — sortable, filterable
TypeNow
Oct 13, 2026
13d ago
3/A
NEUTRAL ★ 2/10
$80.34awaiting T+60—$78.65 (−2.10%)
Oct 13, 2026
13d ago
3/A
NEUTRAL ★ 2/10
$80.34awaiting T+60—$78.65 (−2.10%)
Oct 13, 2026
13d ago
3/A
NEUTRAL ★ 2/10
$80.34awaiting T+60—$78.65 (−2.10%)
Oct 13, 2026
13d ago
3/A
NEUTRAL ★ 2/10
$80.34awaiting T+60—$78.65 (−2.10%)
Jul 27, 2026
13w ago
Press Release
NEUTRAL ★ 1/10
$95.64 $81.65▼ −14.63%▼ −18.98%$78.65 (−17.76%)
May 20, 2026
22w ago
Press Release
NEUTRAL ★ 2/10
$84.11 $93.89▲ +11.63%▲ +6.62%$78.65 (−6.49%)
May 12, 2026
24w ago
Press Release
MIXED ★ 5/10
$80.13 $104.31▲ +30.18%▲ +25.79%$78.65 (−1.85%)
Apr 30, 2026
25w ago
Press Release
NEUTRAL ★ 1/10
$84.88 $95.38▲ +12.37%▲ +9.26%$78.65 (−7.34%)
Apr 13, 2026
28w ago
Press Release
NEUTRAL ★ 4/10
$83.11 $94.08▲ +13.20%▲ +4.28%$78.65 (−5.37%)
Apr 10, 2026
28w ago
Press Release
NEUTRAL ★ 4/10
$83.03 $92.95▲ +11.95%▲ +1.62%$78.65 (−5.28%)
Showing 10 of 12

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Report published Oct 13, 2026