Jonathan H. Dorfman Acquires 5.15% Stake in QVC Group, Inc. via Shares and Call Options

On May 15, 2026, Jonathan H. Dorfman filed a Schedule 13G regarding his holdings in QVC Group, Inc. (QVCGA). The filing reveals that as of March 16, 2026, Dorfman has acquired a beneficial ownership of 415,250 shares of Series A Common Stock, representing a 5.15% stake in the company. This position consists of 35,250 shares held directly and 380,000 shares that Dorfman has the right to acquire through the exercise of exchange-listed call options. The filing indicates that this is a new significant position, as the previous ownership percentage was 0.0%. Dorfman maintains sole voting and dispositive power over all 415,250 shares. The percentage calculation is based on the issuer's outstanding share count as of October 31, 2025. The filing was made under Rule 13d-1(c), with Dorfman certifying that the securities were not acquired for the purpose of changing or influencing the control of the issuer. This transaction marks a notable entry into QVC Group by the New York-based investor.