QVC Group (QVCGP) Schedule 13G: Director reports 5.15% stake

Rhea-AI Filing Summary

QVC Group, Inc. Schedule 13G: Beneficial ownership disclosure by Jonathan H. Dorfman. As of March 16, 2026, Mr. Dorfman reports beneficial ownership of 415,250 shares of Series A Common Stock, equal to 5.15% of the class based on outstanding share counts disclosed as of October 31, 2025. The position comprises 35,250 shares owned and 380,000 shares exercisable upon listed call option exercises.

Insights

Corporate Governance Analyst

Ownership filing shows a single investor disclosing option-based and owned shares totaling 5.15%.

Mr. Dorfman reports 415,250 Series A shares beneficially owned as of March 16, 2026, combining 35,250 owned shares and 380,000 exercisable via exchange-listed call options. The filing cites the issuer's outstanding share counts as of October 31, 2025.

Future disclosure may show changes if options are exercised or trades occur; timing and cash‑flow treatment are not included in the excerpt.

Equity Markets Specialist

Position represents a notable single‑investor stake reported via Schedule 13G, including derivative exposure.

The reported 5.15% stake includes 380,000 shares exercisable through exchange‑listed call options, which can affect reported beneficial ownership upon exercise. The filing references outstanding share counts from the issuer's Form 10-Q as of October 31, 2025.

Market impact depends on whether options are exercised and any subsequent transactions; the excerpt does not state any planned actions.

Key Figures

Filing date: 05/13/2026 Beneficial ownership: 415,250 shares Owned shares: 35,250 shares +4 more

7 metrics

Filing date 05/13/2026 Signature date on Schedule 13G

Beneficial ownership 415,250 shares Series A Common Stock as of March 16, 2026

Owned shares 35,250 shares Directly owned Series A Common Stock

Option‑exercisable shares 380,000 shares Exercisable upon exchange‑listed call option exercise

Percent of class 5.15% Calculated using outstanding shares as of October 31, 2025

Series A outstanding (reference) 7,886,235 shares As of October 31, 2025 per issuer's 10‑Q

Series B outstanding (reference) 182,233 shares As of October 31, 2025 per issuer's 10‑Q

Key Terms

Beneficially owned, Exchange‑listed call options, Schedule 13G

3 terms

Beneficially owned regulatory

"the Reporting Person held 415,250 shares of Series A Common Stock"

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

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

Schedule 13G regulatory

"Name of person filing: JONATHAN H. DORFMAN"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

QVC Group, Inc.

(Name of Issuer)

Series A Common Stock

(Title of Class of Securities)

74915M605

(CUSIP Number)

03/16/2026

(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

JONATHAN H. DORFMAN

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 415,250.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 415,250.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

415,250.00

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)

5.15 %

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) 35,250 shares of Series A Common Stock owned by the Reporting Person, and (ii) 380,000 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 Number(s): 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 415,250 shares of Series A Common Stock, consisting of: (i) 35,250 shares of Series A Common Stock owned by the Reporting Person, and (ii) 380,000 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: 5.15%. 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: 415,250. 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: 415,250. 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.

JONATHAN H. DORFMAN

Signature:	/s/ Jonathan H. Dorfman
Name/Title:	JONATHAN H. DORFMAN
Date:	05/13/2026

FAQ

What does Jonathan H. Dorfman report owning in QVCGP?

He reports 415,250 shares of Series A Common Stock as of March 16, 2026. That total includes 35,250 shares owned plus 380,000 shares exercisable under exchange‑listed call options.

How was the 5.15% ownership percentage calculated for QVCGP?

The 5.15% is based on 7,886,235 Series A and 182,233 Series B shares outstanding as of October 31, 2025, per the issuer's Form 10‑Q cited in the filing.

Does the filing show Mr. Dorfman has voting and dispositive power?

Yes. The filing states Mr. Dorfman has sole voting power and sole dispositive power over all 415,250 shares reported, with no shared voting or dispositive power listed.

Are the 380,000 optioned shares already issued?

No. The filing specifies those 380,000 shares are exercisable through exchange‑listed call options, indicating potential future issuance upon exercise rather than currently issued shares.

What dates anchor the numbers in this filing for QVCGP?

The beneficial ownership is stated as of March 16, 2026, while the outstanding share counts used for the percentage are from the issuer's disclosure as of October 31, 2025.