Jonathan Dorfman reports 655,300 QVCGP shares, including 620,000 option rights (QVCGP)

Rhea-AI Filing Summary

QVC Group, Inc. disclosure: Jonathan H. Dorfman reports beneficial ownership of 655,300 shares of Series A Common Stock as of March 16, 2026. The position consists of 35,300 directly owned shares and 620,000 shares exercisable through exchange-listed call options. The filing states this equals 8.12% of the class based on outstanding share counts disclosed as of October 31, 2025.

Insights

Corporate Governance Analyst

Insider holding and derivative exposure disclosed; percent of class reported.

The filing lists a total beneficial position of 655,300 shares, combining direct ownership and option-based acquisition rights. The 620,000-share component arises from exchange-listed call options, which confer acquisition rights rather than current ownership.

Reported 8.12% is calculated using the issuer's outstanding share figures as of October 31, 2025. Subsequent filings may update the percent if outstanding shares or option exercises occur.

Key Figures

Beneficial ownership: 655,300 shares Directly owned: 35,300 shares Exercisable via options: 620,000 shares +3 more

6 metrics

Beneficial ownership 655,300 shares As of March 16, 2026

Directly owned 35,300 shares Reported direct holdings

Exercisable via options 620,000 shares Rights to acquire through exchange-listed call options

Percent of class 8.12% Calculated using outstanding shares as of October 31, 2025

Series A outstanding 7,886,235 shares Outstanding Series A as of October 31, 2025

Series B outstanding 182,233 shares Outstanding Series B as of October 31, 2025

Key Terms

Beneficially owned, Exchange-listed call options, Percent of class

3 terms

Beneficially owned regulatory

"Amount beneficially owned: As of March 16, 2026, the Reporting Person held 655,300 shares"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Exchange-listed call options financial

"620,000 shares the Reporting Person has the right to acquire through the exercise of exchange-listed call options"

Percent of class regulatory

"Percent of class: 8.12%. See Footnote 2 to Item 11"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

QVC Group, Inc.

(Name of Issuer)

Series A Common Stock

(Title of Class of Securities)

74915M605

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 74915M605

1

Names of Reporting Persons

DORFMAN JONATHAN H

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 655,300.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 655,300.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

655,300.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.12 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) The shares reported herein in lines 5, 7 and 9 for the Reporting Person represent: (i) 35,350 shares of Series A Common Stock owned by the Reporting Person, and (ii) 620,000 shares of Series A Common Stock the Reporting Person has the right to acquire through the exercise of exchange-listed call options. (2) The percentage calculation from line 11 is based on: (i) 7,886,235 outstanding shares of Series A Common Stock, and (ii) 182,233 outstanding shares of Series B Common Stock, in each case, as of October 31, 2025 as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 5, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: QVC Group, Inc.
(b)	Address of issuer's principal executive offices: 1200 Wilson Drive, West Chester, PA 19380
Item 2.
(a)	Name of person filing: JONATHAN H. DORFMAN
(b)	Address or principal business office or, if none, residence: c/o Wilk Auslander LLP, 825 8th Avenue, Suite 2900, NY, NY 10019
(c)	Citizenship: NEW YORK
(d)	Title of class of securities: Series A Common Stock
(e)	CUSIP No.: 74915M605
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: As of March 16, 2026, the Reporting Person held 655,300 shares of Series A Common Stock, consisting of: (i) 35,300 shares of Series A Common Stock owned by the Reporting Person, and (ii) 620,000 shares of Series A Common Stock the Reporting Person has the right to acquire through the exercise of exchange-listed call options.
(b)	Percent of class: 8.12%. See Footnote 2 to Item 11 on the attached cover page.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 655,300. See Footnote 1 to Item 5 on the attached cover page.
	(ii) Shared power to vote or to direct the vote: 0.
	(iii) Sole power to dispose or to direct the disposition of: 655,300. See Footnote 1 to Item 7 on the attached cover page.
	(iv) Shared power to dispose or to direct the disposition of: 0.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DORFMAN JONATHAN H

Signature:	/s/ Jonathan H. Dorfman
Name/Title:	JONATHAN H. DORFMAN
Date:	05/14/2026

FAQ

What stake does Jonathan Dorfman report in QVC Group (QVCGP)?

Jonathan Dorfman reports beneficial ownership of 655,300 shares of Series A Common Stock as of March 16, 2026. This combines direct holdings and option-based acquisition rights totaling 8.12% of the class per the filing.

How is the 655,300-share total composed in the filing?

The filing breaks the total into 35,300 directly owned Series A shares and 620,000 shares the reporting person may acquire by exercising exchange-listed call options, per the cover note.

What basis does the filing use to calculate the 8.12% ownership?

The 8.12% figure is based on 7,886,235 outstanding Series A shares and 182,233 outstanding Series B shares as of October 31, 2025, cited from the issuer's Form 10-Q filed November 5, 2025.

Do the exchange-listed call options represent current voting power?

The filing reports voting and dispositive power over 655,300 shares in total. The 620,000 options are described as rights to acquire shares; the document lists sole voting and dispositive power on the reported total.