Grupo Aeromexico CCO sells 950,000 shares
Grupo Aeromexico, S.A.B. de C.V.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Grupo Aeromexico, S.A.B. de C.V. Chief Commercial Officer Aaron James Murray reported open-market sales totaling 950,000 common shares over two days. The shares were sold at prices between $1.50 and $1.5922 per common share, based on underlying shares represented by American Depositary Shares.
After these transactions, he continues to hold 1,618,130 common shares, which the footnotes state are economically equivalent to 161,813 American Depositary Shares. The filing indicates these were straightforward open-market sales of non-derivative common equity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, without nominal value | 250,000 | $1.5513 | $388K |
| Sale | Common shares, without nominal value | 100,000 | $1.5922 | $159K |
| Sale | Common shares, without nominal value | 400,000 | $1.50 | $600K |
| Sale | Common shares, without nominal value | 200,000 | $1.5221 | $304K |
Footnotes (5)
- F1. The reported sale was effected in American Depositary Shares (ADSs), each ADS representing ten common shares, following prior conversion of the reporting person's ordinary shares into ADSs. The number of securities reported in Table I reflects the common shares underlying the ADSs sold. The reported price reflects the U.S. dollar sale price per underlying ordinary share, calculated by dividing the ADS sale price by ten. The reporting person continues to own the same number of ADSs reported in Table II in prior Form 4s, which are not impacted by the sales in this current Form 4.
- F2. Represents shares of common stock held by the reporting person, which are the economic equivalent of 216,813 American Depositary Shares (ADSs).
- F3. Represents shares of common stock held by the reporting person, which are the economic equivalent of 196,813 American Depositary Shares (ADSs).
- F4. Represents shares of common stock held by the reporting person, which are the economic equivalent of 171,813 American Depositary Shares (ADSs).
- F5. Represents shares of common stock held by the reporting person, which are the economic equivalent of 161,813 American Depositary Shares (ADSs).
Key Figures
Key Terms
open-market sale financial
non-derivative financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Grupo Aeromexico (AERO) report for Aaron James Murray?
Did the reported Grupo Aeromexico (AERO) insider sales affect the CCO’s other ADS holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.