Aeromexico (AERO) Chief Commercial Officer purchases 6,336 ADS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Aeromexico’s Chief Commercial Officer Aaron James Murray bought 6,336 American Depositary Shares in an open-market transaction. The shares were purchased at a weighted average price of $12.86 per ADS, with individual trade prices ranging from $12.86 to $12.88. Each ADS represents 10 common shares, and following this purchase he directly owns 6,336 ADS.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,336 shares ($81,481)
Net Buy
1 txn
Insider
Murray Aaron James
Role
Chief Commercial Officer
Bought
6,336 shs ($81K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares | 6,336 | $12.86 | $81K |
Holdings After Transaction:
American Depositary Shares — 6,336 shares (Direct)
Footnotes (1)
- The reported transaction was effected in American Depositary Shares (ADSs), each representing 10 common shares. The price reported in Column 8 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $12.86 to $12.88, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did AERO’s Chief Commercial Officer report?
Grupo Aeromexico’s Chief Commercial Officer, Aaron James Murray, reported an open-market purchase of 6,336 American Depositary Shares. This transaction reflects a direct increase in his holdings, as all purchased ADS are now held directly in his name.
At what price did AERO’s CCO buy the 6,336 ADS?
The Chief Commercial Officer bought the 6,336 ADS at a weighted average price of $12.86 per ADS. The individual trades occurred within a narrow price range between $12.86 and $12.88 per ADS, according to the Form 4 footnote.
How many Grupo Aeromexico ADS does the insider own after this Form 4?
After the reported transaction, the insider directly owns 6,336 American Depositary Shares. The Form 4 states this total as the number of ADS beneficially owned following the purchase, all held as direct ownership rather than through an intermediary entity.
What do Grupo Aeromexico ADS represent in this insider transaction?
The reported transaction involves American Depositary Shares, with each ADS representing 10 common shares of Grupo Aeromexico. The Form 4 footnote clarifies this ratio, explaining the relationship between the ADS traded in U.S. markets and the underlying common equity.
Was the AERO insider transaction a purchase or a sale?
The Form 4 reports an open-market purchase by the Chief Commercial Officer. The transaction is coded as “P,” described as a purchase in the open market or private transaction, and is classified as a buy with no reported sales in this filing.
Is the AERO insider’s ownership direct or indirect after this trade?
The filing classifies the ownership as direct. The 6,336 ADS acquired are held directly by the reporting person, with no footnote indicating that the shares are controlled through a trust, partnership, or other related entity.