Andres Conesa reveals 10.2M Grupo Aeromexico (AERO) shares on Form 3
Rhea-AI Filing Summary
Grupo Aeromexico, S.A.B. de C.V. director and officer Andres Conesa filed an initial ownership report showing he directly holds 10,225,290 common shares without nominal value. According to the disclosure, this stake is the economic equivalent of 1,022,529 American Depositary Shares (ADSs).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CONESA ANDRES
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common shares, without nominal value | -- | -- | -- |
Holdings After Transaction:
Common shares, without nominal value — 10,225,290 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock held by the reporting person, which are the economic equivalent of 1,022,529 American Depositary Shares (ADSs).
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FAQ
What does Andres Conesa’s Form 3 filing for Grupo Aeromexico (AERO) show?
The Form 3 shows Andres Conesa’s initial ownership in Grupo Aeromexico. He directly holds 10,225,290 common shares, which the disclosure states are economically equivalent to 1,022,529 American Depositary Shares (ADSs), establishing his baseline stake as a director and officer.
How many Grupo Aeromexico (AERO) ADSs does Andres Conesa’s stake represent?
The filing notes that his 10,225,290 common shares are the economic equivalent of 1,022,529 American Depositary Shares (ADSs). This helps investors relate his Mexican-listed share position to the ADS structure used in international trading.
What type of security does the Grupo Aeromexico (AERO) Form 3 describe?
The Form 3 describes common shares of Grupo Aeromexico without nominal value. These common shares correspond economically to American Depositary Shares (ADSs), with the filing specifying that 10,225,290 common shares equal the economic value of 1,022,529 ADSs.
Is Andres Conesa’s ownership in Grupo Aeromexico (AERO) direct or indirect?
The filing classifies Andres Conesa’s 10,225,290 common shares as held with direct ownership. There is no indication in the disclosure that these shares are held through a separate trust, partnership, or other indirect entity structure.