What does each Grupo Aeromexico (AERO) American Depositary Share represent?

Each Grupo Aeromexico American Depositary Share represents 10 common shares of the company. The filing notes that the reported transaction was effected in ADSs, with every ADS corresponding to ten underlying common shares without nominal value.

Grupo Aeromexico (AERO) director purchases 7,700 ADSs in market trade

Q: What insider transaction did Grupo Aeromexico (AERO) report in this Form 4?

Director Andres Borrego reported a purchase of 7,700 American Depositary Shares (ADSs) of Grupo Aeromexico. The transaction occurred on August 3, 2026, and was classified as a purchase in an open market or private transaction under transaction code “P.”

Q: How many Grupo Aeromexico (AERO) ADSs did Andres Borrego buy and at what price?

Andres Borrego bought 7,700 ADSs at a weighted average price of $15.8301 per ADS . According to the disclosure, these ADSs were purchased in multiple trades at prices ranging from $15.7500 to $15.8399 per ADS, inclusive, on August 3, 2026.

Q: How were the purchase prices for AERO ADSs distributed in this insider trade?

The reported per-share price is a weighted average of $15.8301 per ADS . The ADSs were bought in multiple transactions, with individual trade prices falling within a range of $15.7500 to $15.8399 , and full trade-by-trade details are available on request.

Q: Why are these Grupo Aeromexico (AERO) insider transactions exempt from some U.S. rules?

The company is described as a foreign private issuer under Rule 3a12-3(b) of the Exchange Act. Because of this status, the reporting person’s transactions in the issuer’s equity securities are exempt from Sections 16(b) and 16(c) of the U.S. Securities Exchange Act of 1934.

Filing Impact

(Moderate)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Grupo Aeromexico, S.A.B. de C.V. director Andres Borrego purchased 7,700 American Depositary Shares (ADSs) on August 3, 2026, at a weighted average price of $15.8301 per ADS, with individual trades between $15.7500 and $15.8399. After this open-market purchase, he directly owns 15,700 ADSs, each representing 10 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Borrego Andres

Role Director

Bought 7,700 shs ($122K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares ^{F1, F2}	7,700	$15.8301	$122K

Holdings After Transaction: American Depositary Shares — 15,700 shares (Direct)

Footnotes (2)

F1. The reported transaction was effected in American Depositary Shares (ADSs), each representing 10 common shares.
F2. The price reported in Column 8 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $15.7500 to $15.8399, 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.

Key Figures

ADSs purchased: 7,700 ADSs Purchase price: $15.8301 per ADS Price range: $15.7500–$15.8399 per ADS +2 more

5 metrics

ADSs purchased 7,700 ADSs American Depositary Shares bought by Andres Borrego on August 3, 2026

Purchase price $15.8301 per ADS Weighted average price for the reported ADS purchases

Price range $15.7500–$15.8399 per ADS Range of prices for the individual ADS trades

Holdings after transaction 15,700 ADSs Direct ADS ownership by Andres Borrego following the purchase

ADS share ratio 10 common shares per ADS Each American Depositary Share represents 10 common shares

Key Terms

American Depositary Shares, weighted average price, foreign private issuer

3 terms

American Depositary Shares financial

"The reported transaction was effected in American Depositary Shares (ADSs)"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

weighted average price financial

"The price reported in Column 8 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

foreign private issuer regulatory

"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 01:15 PM Accepted by SEC EDGAR 08/04/2026 - 01:15 PM

FAQ

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

Director Andres Borrego reported a purchase of 7,700 American Depositary Shares (ADSs) of Grupo Aeromexico. The transaction occurred on August 3, 2026, and was classified as a purchase in an open market or private transaction under transaction code “P.”

How many Grupo Aeromexico (AERO) ADSs did Andres Borrego buy and at what price?

Andres Borrego bought 7,700 ADSs at a weighted average price of $15.8301 per ADS. According to the disclosure, these ADSs were purchased in multiple trades at prices ranging from $15.7500 to $15.8399 per ADS, inclusive, on August 3, 2026.

What are Andres Borrego’s holdings in Grupo Aeromexico (AERO) after this transaction?

Following the reported transaction, Andres Borrego directly holds 15,700 American Depositary Shares of Grupo Aeromexico. These ADSs are reported as direct ownership and represent an aggregate position after adding the 7,700 ADSs purchased on August 3, 2026.

How were the purchase prices for AERO ADSs distributed in this insider trade?

The reported per-share price is a weighted average of $15.8301 per ADS. The ADSs were bought in multiple transactions, with individual trade prices falling within a range of $15.7500 to $15.8399, and full trade-by-trade details are available on request.

Why are these Grupo Aeromexico (AERO) insider transactions exempt from some U.S. rules?

The company is described as a foreign private issuer under Rule 3a12-3(b) of the Exchange Act. Because of this status, the reporting person’s transactions in the issuer’s equity securities are exempt from Sections 16(b) and 16(c) of the U.S. Securities Exchange Act of 1934.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Borrego Andres

(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)
08/03/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
American Depositary Shares	⁽¹⁾	08/03/2026		P		7,700		⁽¹⁾	⁽¹⁾	Common shares, without nominal value	⁽¹⁾	$15.8301⁽²⁾	15,700	D

Explanation of Responses:

1. The reported transaction was effected in American Depositary Shares (ADSs), each representing 10 common shares.

2. The price reported in Column 8 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $15.7500 to $15.8399, 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.

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 Andres Borrego y Marron	08/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR