Aeromexico (AERO) director adds 1M shares, including via family vehicle

Rhea-AI Filing Summary

Grupo Aeromexico director Eduardo Tricio Haro reported open-market purchases of 1,000,000 common shares. He bought 500,000 shares directly and 500,000 shares through a vehicle co-owned with immediate family members whose investments he controls, and for which he disclaims beneficial ownership beyond his economic interest.

The weighted average purchase price was about $1.32 per share, with individual trades originally executed in Mexican pesos and translated to U.S. dollars using the Banxico exchange rate for the trade date. After these transactions, he holds 15,166,980 common shares directly and 500,000 common shares indirectly

Insights

Equity markets analyst

Director makes a sizable open-market share purchase, signaling increased exposure but without clear thesis-changing impact.

Director Eduardo Tricio Haro executed two open-market purchases totaling 1,000,000 common shares of Grupo Aeromexico at a weighted average price of about $1.32 per share. Open-market buys typically reflect a deliberate decision to increase equity exposure using personal or related capital.

Following the transactions, he holds 15,166,980 common shares directly and an additional 500,000 shares indirectly through a co-owned vehicle whose investments he controls, while disclaiming beneficial ownership beyond his pecuniary interest. The filing does not reference any pre-arranged trading plan, so these appear discretionary purchases. The overall impact depends on how these holdings compare with the company’s total share base, which is not detailed here.

03/25/2026 - 12:01 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tricio Haro Eduardo

(Last) (First) (Middle)

C/O GRUPO AEROMEXICO, S.A.B. DE C.V.

AV. PASEO DE LA REFORMA 243, 25 FL.

(Street)

CUAUHTEMOC MEXICO CITY 06500

(City) (State) (Zip)

MEXICO

(Country)

2. Issuer Name and Ticker or Trading Symbol
Grupo Aeromexico, S.A.B. de C.V. [ AERO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[AERO]

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common shares, without nominal value	03/19/2026		P		500,000	A	$1.32(1)	15,166,980(2)	D
Common shares, without nominal value	03/19/2026		P		500,000(3)	A	$1.32(1)	500,000(2)	I	Held in joint family account(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices (originally in Mexican pesos, and expressed here in U.S. dollars based on the foreign exchange rate published by Banxico on the date of purchase) ranging from $1.3026 to $1.3211, 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.

2. Represents a transaction in shares of the issuer's common stock by the reporting person in Mexico. One share of common stock is the functional equivalent of one tenth of one American Depositary Share.

3. The shares were purchased by a vehicle co-owned by the reporting person and certain of his immediate family members, and whose investments the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Ernesto Gomez Pombo, as attorney-in-fact for Eduardo Tricio Haro	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Grupo Aeromexico (AERO) disclose in this Form 4?

Grupo Aeromexico director Eduardo Tricio Haro reported buying 1,000,000 common shares in open-market transactions. He purchased 500,000 shares directly and 500,000 indirectly through a co-owned family vehicle, increasing both his direct and indirect stakes in the company’s equity.

At what price did the Aeromexico director purchase the AERO shares?

The director’s Aeromexico purchases were executed at a weighted average price of about $1.32 per common share. Individual trades were made in Mexican pesos and then expressed in U.S. dollars using the Banxico foreign exchange rate applicable on the purchase date.

How many Grupo Aeromexico (AERO) shares does Eduardo Tricio Haro own after the transaction?

After the reported trades, Eduardo Tricio Haro holds 15,166,980 Grupo Aeromexico common shares directly and 500,000 common shares indirectly. The indirect holdings are through a vehicle co-owned with family members, where he controls investments but disclaims full beneficial ownership.

Were the Aeromexico (AERO) insider share purchases made directly or through an entity?

The Aeromexico insider bought 500,000 shares directly and 500,000 shares through a co-owned family investment vehicle. He controls that vehicle’s investments but formally disclaims beneficial ownership of those shares except to the extent of his economic, or pecuniary, interest in them.

How do Grupo Aeromexico common shares relate to its American Depositary Shares (ADS)?

Each Grupo Aeromexico common share is the functional equivalent of one tenth of one American Depositary Share. Investors holding ADSs therefore have exposure to bundles of underlying common shares, with ten common shares corresponding to a single listed ADS instrument.

What does the weighted average price disclosure mean in the AERO Form 4?

The weighted average price reflects multiple Aeromexico trades executed in a price range, aggregated into a single average figure. In this case, purchases ranged between $1.3026 and $1.3211 per share, with the insider offering to provide exact breakdowns upon request to investors or regulators.